News and AnalysIs for

Colombia’s main oil sector union, the Unión Sindical Obrera (USO), launched a 24-hour work stoppage at Ecopetrol on June 2, citing what it described as a complete breakdown in negotiations over a new collective labor agreement.

Three senior voices in Colombia’s energy sector used a La República forum panel on May 29 to deliver a coordinated indictment of current energy policy — and a set of prescriptions the next government will need to act on quickly if a blackout is to be avoided in the second half of the year.

Colombia’s Superintendencia de Sociedades has authorized the creation of priority liens on a portion of Canacol Energy’s Colombian assets, giving the company a formal legal instrument to use those assets as collateral within its ongoing restructuring process.

The National Hydrocarbons Agency (ANH) conducted a technical field inspection of Canacol Energy’s Esperanza, VIM-5, VIM-21, and VIM-44 blocks — including the Jobo and Clarinete stations — verifying investment levels, regulatory compliance, and performance against the company’s exploration and production contracts.

Nini Johanna Castañeda, acting superintendent of Superintendencia de Sociedades, told Valora Analitik in an exclusive interview on June 1 that Canacol Energy has halted its bid to terminate gas supply contracts through the Canadian restructuring process — at least for now.

Gran Tierra Energy Inc. is pleased to announce today that the Company has satisfied all outstanding conditions precedent to the effectiveness of the contract previously announced on March 17, 2026 with Ecopetrol S.A., by which the Company will earn a 49 percent working interest in the Tisquirama block located in the Middle Magdalena Valley Basin of Colombia (the “Block”), which contains the Tisquirama and San Roque fields (the “Fields”) (the “Tisquirama Contract”).