
Monday, July 13th, 2026
Tomás de la Calle is back, this time looking at the country’s declining gas reserves and wondering about the UPME’s role in getting us to here … and getting us back to self-sufficiency.

President-elect Abelardo de la Espriella has confirmed ten of his ministers with just under a month until his August 7th inauguration, in a process that Cambio Colombia tracked across multiple rounds of announcements.
Parex Resources reported a 2Q26 average production of 54,090 boed on July 6th, a figure that understates the company’s transformed scale because it blends two months of pre-acquisition operations with a June that was fundamentally different.
Alcindo Moritz, president of Petrobras Colombia, used a La República interview to lay out the most detailed public timeline yet for the Sirius offshore gas megaproject — and to deliver a pointed assessment of what Colombia’s new government must do to prevent the current gas crisis from deepening further.
Luz Stella Murgas, president of the natural gas industry association Naturgas, used a detailed interview published in El Tiempo on July 6 to map what she called a “critical juncture” in the Colombian gas sector and to set out the five priorities she says cannot wait beyond the first hundred days of the De la Espriella administration.
Ecopetrol has temporarily suspended the contracting process for shutdown and maintenance services at its Barrancabermeja and Cartagena refineries — a procurement worth approximately US$700M — following a corruption scandal that combined an anonymous bribery complaint sent to board members in May with two internal memos from senior refinery officials demanding the process be frozen before the government handover.
As might have been expected, we got complaints about using the SuperSociedades data in yesterday’s chart. Today we try to be a bit more rigorous.