Monday, April 13th, 2026
A couple of weeks ago we reported President Gustavo Petro’s declaration that Colombia would withdraw from the international investment arbitration system, leaving only local courts to settle contract disputes. We wanted to go a bit deeper into this.
Colombia has established a new maritime fuel supply route to the southwestern Pacific coast, with 40,000 barrels of domestically produced diesel arriving in the department of Nariño for the first time via the Pacific Ocean.
Colombia’s national oil production averaged 734,924 bd in February 2026, coming in 2.3% above the proven reserves (1P) production scenario of 718,168 bd, the Agencia Nacional de Hidrocarburos (ANH) reported on March 30.
Colombia’s Superintendencia de Industria y Comercio (SIC) announced on March 30, 2026 that it has opened a formal administrative procedure to evaluate a business integration request filed jointly by Ecopetrol S.A. and Gran Tierra Energy.
The Ministry of Mines and Energy issued Resolution 40163 on March 27, 2026, authorizing thermal power plants to commercialize imported natural gas on the secondary market – a transitional measure valid for six months designed to unlock underutilized LNG import capacity and broaden gas supply at a moment of acute national shortage.
The ministries of Finance and Mines and Energy published a draft resolution on March 30, 2026 establishing a new methodology for calculating the producer price of ACPM (diesel) sold to private, diplomatic, and official vehicles — the segment that does not benefit from the subsidies that apply to freight transport.
Ecopetrol’s Board of Directors, at a meeting held on April 6, 2026, approved an unpaid leave of absence requested by company President Ricardo Roa Barragán, authorized under Section 3 of Article 23 of the company’s bylaws.
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