Thursday, April 9th, 2026
Parex Resources reported Q1 2026 average production of 44,735 boed – below the low end of its full-year guidance range of 45,000–49,000 boed – driven primarily by declines and disappointing drilling results at its LLA-32 block.
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.
Ecopetrol’s Board of Directors, at a meeting held on April 6, 2026, approved an unpaid leave of absence requested by company President Ricardo Roa Barragán, authorized under Section 3 of Article 23 of the company’s bylaws.
Senior officials from Trinidad and Tobago and Colombia met in late March 2026 to explore deepening bilateral energy cooperation, reflecting both countries’ strategic interest in regional energy security.
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