Monday, April 13th, 2026
The governance fallout from Ricardo Roa’s leave of absence from Ecopetrol’s presidency has taken a new turn, with a minority shareholder of ISA filing a formal petition questioning whether his temporary removal from the helm of the parent company also affects his roles on the boards of subsidiaries ISA and Hocol.
Richard Francis, co-director of Sovereign Ratings for the Americas at Fitch Ratings, delivered a sober assessment of Colombia’s fiscal and economic outlook in an interview published April 6, 2026, estimating the country would need at least three to four additional years to recover the investment grade it lost in 2021.
Colombia has established a new maritime fuel supply route to the southwestern Pacific coast, with 40,000 barrels of domestically produced diesel arriving in the department of Nariño for the first time via the Pacific Ocean.
Colombia’s national oil production averaged 734,924 bd in February 2026, coming in 2.3% above the proven reserves (1P) production scenario of 718,168 bd, the Agencia Nacional de Hidrocarburos (ANH) reported on March 30.
Colombia’s Superintendencia de Industria y Comercio (SIC) announced on March 30, 2026 that it has opened a formal administrative procedure to evaluate a business integration request filed jointly by Ecopetrol S.A. and Gran Tierra Energy.
The Ministry of Mines and Energy issued Resolution 40163 on March 27, 2026, authorizing thermal power plants to commercialize imported natural gas on the secondary market – a transitional measure valid for six months designed to unlock underutilized LNG import capacity and broaden gas supply at a moment of acute national shortage.
The ministries of Finance and Mines and Energy published a draft resolution on March 30, 2026 establishing a new methodology for calculating the producer price of ACPM (diesel) sold to private, diplomatic, and official vehicles — the segment that does not benefit from the subsidies that apply to freight transport.
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