Tuesday, July 14th, 2026
The four-administration comparison that Valora Analitik assembled from ANH data provides the clearest single chart of what four years of Petro energy policy cost Colombia in upstream investment momentum: not a decline, not a slowdown, but a complete stop.
Colombia’s oil and gas production data for May 2026, compiled by Acipet from ANH figures and reported by Valora Analitik on July 9, confirms that the sector’s decline is accelerating – and that the gas side of the ledger is deteriorating far faster than oil.
President-elect Abelardo de la Espriella named María Nohemí Arboleda Arango as Minister of Mines and Energy on July 13, filling the one of the last major cabinet vacancies and the portfolio most consequential for Colombia’s energy supply crisis.
The Ministry of Mines and Energy used its July 9 four-year management balance to deliver a pointed political message to the incoming De la Espriella administration: suspending the energy sector transition handover process at the precise moment Colombia is preparing for an El Niño episode is, in the ministry’s words, “profoundly irresponsible.”
Venezuela’s interim government published sweeping new petroleum sector regulations on July 9, following up on changes to the petroleum law introduced in recent months.
Tomás de la Calle is back, this time looking at the country’s declining gas reserves and wondering about the UPME’s role in getting us to here … and getting us back to self-sufficiency.
The conventional explanation for Latin America’s electric vehicle boom, as Bloomberg Línea documented for Uruguay this month, is straightforward: when gasoline costs US$7.60 a gallon – the highest in the region – the economics of switching to electric become irresistible.
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