
Monday, May 4th, 2026
President Gustavo Petro used the closing ceremony of the Macrorrueda de las Américas 2026 — a trade fair that drew more than 1,500 businesspeople from 60 countries to Corferias in Bogotá — to claim that his government had achieved a structural transformation of Colombia’s export base, reducing the country’s trade deficit by one-third compared to the figure inherited in 2022.

With the poll results from the end of April and with less than a month to the first round of the presidential elections in Colombia, it looks increasingly probable that Iván Cepeda, the candidate of the current administration’s political movement, will be the next president of Colombia.
Canacol Energy, Colombia’s second-largest natural gas producer, has petitioned the Court of King’s Bench of Alberta — the Canadian province where the company is domiciled — for authorization to cancel its active gas supply contracts with multiple Colombian companies.
Colombia’s natural gas industry association Naturgas issued two complementary public statements in April, together painting an urgent picture of a sector caught between short-term supply pressure and a structurally inadequate long-term pipeline.
Two complementary reports published by Naturgas on April 24 cover the same strategic development from different angles: the operational details of the Frontera Energy-Ecopetrol regasification project at Puerto Bahía, and a site visit by Ecopetrol’s acting president to inspect progress firsthand.
Colombia’s energy regulator CREG has issued Resolution 102 023 of 2026, enabling the conversion of existing hydrocarbon infrastructure into natural gas pipelines and establishing a framework for remuneration of the associated investments.
A mandatory government filing submitted to Congress in February 2026 set off a wave of concern in Colombia’s energy sector after it surfaced publicly on April 28, with media reports highlighting that the Petro administration had identified more than CoP$50T in Ecopetrol subsidiaries and affiliated assets as candidates for potential divestiture. A closer reading of the primary document — and the legislation behind it — tells a considerably more prosaic story.