Thursday, October 1st, 2026
Colombia’s National Hydrocarbons Agency (ANH) used the XXIII ACIPET Petroleum, Gas and Energy Congress in Bucaramanga to lay out both the scale of the country’s exploration slowdown and its plan to reverse it.
Colombia’s mining and energy sector has gone from generating 36.2% of corporate income tax revenue in 2012 to just 6.3% in 2025, a collapse that ANIF and the Colombian Energy Roundtable (CREE) warn is both a fiscal and an energy-security problem.
The Colombian Association of Petroleum Engineers (Acipet) laid out a formal three-proposal package for the government at its Congress on Oil, Gas and Energy in Bucaramanga.
A malfunction in one of the floating regasification unit’s trains at the SPEC terminal in Cartagena forced Colombia into temporary industrial gas rationing starting September 24th, cutting the terminal’s capacity from 475 to 400 mmcfd and restricting roughly 15 GBTU/day of demand normally covered by imported gas.
Ecopetrol’s newly renewed board unanimously confirmed Joaquín Gutiérrez Caballero as president without using an external headhunter, opting instead to run the search itself following the board’s complete September 15th renewal.
New Ecopetrol president Joaquín Gutiérrez Caballero used his swearing-in at La Quinta de San Pedro Alejandrino in Santa Marta to announce that the company will resume both fracking and offshore exploration.
Facing a fiscal deficit CARF projects could reach 10% of GDP by the close of 2027 and net debt around 67.3% of GDP, former Finance Minister Mauricio Cárdenas told Blu Radio that selling Ecopetrol’s majority stake in ISA to Colombia’s pension funds would be a smart move.
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