Tuesday, March 17th, 2026
The Petro government has formally ended gasoline subsidies paid through the national budget, while simultaneously defending an ongoing cycle of pump price reductions now complicated by a sharp spike in international crude prices driven by Middle East conflict.
Colombia’s Superintendent of Public Services (SuperServicios) has launched an investigation into “pure commercializers” of natural gas—intermediaries who purchase and resell gas in the secondary market without serving end users—amid concerns that excessive intermediation is driving up residential and commercial tariffs.
SierraCol Energy delivered a 109% 2P reserves replacement ratio in 2025 – marking its ninth consecutive year exceeding 100% – while navigating temporary production restrictions. and completing a change in ownership.
President Gustavo Petro’s administration is defending the continued tenure of Ricardo Roa and Jorge Carrillo at two of Colombia’s most strategically important state enterprises despite escalating legal controversies surrounding both officials.
Latin American refineries are adapting existing infrastructure to produce renewable fuels rather than constructing new facilities, with Colombia positioning itself to enter the emerging biofuels market through pilot programs and planned capacity expansion in Barrancabermeja.
The primaries are over and the deadline has passed for joining the ballot. We know who will be in the running and who their running mates will be. And we can update our senate chart although we still have nothing official.
Colombia stands to gain financially from rising oil prices driven by the Middle East conflict, as higher crude values would positively impact public finances through increased revenue from state oil company Ecopetrol.
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