Wednesday, August 5th, 2026
The collaboration agreement between Ecopetrol and Parex Resources for joint development of the Casabe, Casabe Sur, Peñas Blancas, and Llanito fields in the Magdalena Medio took effect July 30th, after satisfying all suspensive conditions including approval from the Superintendencia de Industria y Comercio (SIC).
Grupo Ecopetrol reported second-quarter 2026 results reflecting what the company described as its ability to maximize an integrated strategy and respond with agility to market dynamics.
President Gustavo Petro signed Decreto 0905 on July 30th, naming Edwin Palma – currently Minister of Mines and Energy – as ad hoc Minister of Labor and ad hoc Minister of Housing, City, and Territory, concentrating three portfolios in one official just a week before the administration’s term ends on August 7th.
Decreto 0526 de 2026 has raised alarms in Cauca after the Compañía Energética de Occidente (CEO) warned the measure will alter the Fondo de Energía Social (FOES) and could push energy bills up by as much as 30% for roughly 178,000 users starting June 1, 2027.
Ecopetrol has taken action to have illegally copied information from roughly 15 companies within its business group removed from public access, working in coordination with the Fiscalía General de la Nación and the Ministry of Information and Communications Technology (MinTIC),
Parex Resources framed its second-quarter 2026 results around the strategic transformation from its Frontera acquisition rather than the quarter’s numbers alone.
Back for only a single day, Ricardo Roa delivered his farewell address as Ecopetrol president on July 30th, closing a tenure marked by controversy that now has him facing judicial scrutiny.
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