Monday, March 30th, 2026
The Petro government issued decrees on March 27, 2026 fixing a 7% salary increase for public servants working in national entities of the executive and judicial branches, with the same adjustment applying to teachers. The increase is retroactive to January 2026.
The Ministry of Mines and Energy sent a formal request to Ecopetrol president Ricardo Roa on March 4, 2026, requiring a detailed report on the volumes of natural gas consumed by the company’s refineries during 2025 and the current year to date.
Speaking at the National Municipalities Congress in Cartagena on March 13, 2026, the deputy director of Colombia’s General Royalties System (SGR), Rubin Ariel Huffington Rodríguez, presented the Petro government’s royalties investment record, claiming CoP$46T mobilized across 13,127 approved projects since August 2022.
Energy and Mines Minister Edwin Palma met on March 17, 2026 with U.S. Embassy Chargé d’Affaires Jarahn Hillsman and his economic team to review bilateral cooperation and investment opportunities across Colombia’s energy sector.
We are rebuilding our fuel price database to capture more information while making it easier to update. Here is the first new chart, gasoline prices by city over time, here summarized to make it easier to read.
Ecopetrol’s regasification strategy has been forced into a pivot: the Coveñas project in Sucre, which had been billed as a 110 MMcfd import terminal, has effectively been shelved as a near-term priority after a series of bureaucratic delays, while the Puerto Bahía terminal in Cartagena — developed in partnership with Frontera Energy — has been accelerated to fill the gap.
Writing on X on March 22, 2026, President Gustavo Petro outlined his government’s response to the prospect of oil prices climbing to US$180/barrel by May – a scenario flagged by Saudi Arabia – placing Ecopetrol at the center of a new fertilizer subsidy mechanism while firmly closing the door on gasoline subsidies.
2026, Hydrocarbons Colombia, All Rights Reserved.
