Monday, April 13th, 2026
In his first press conference as acting president of Ecopetrol, Juan Carlos Hurtado Parra set a deliberately operational tone, laying out eight strategic priorities for the company while distancing himself from the political turbulence that preceded his appointment.
Parex Resources reported Q1 2026 average production of 44,735 boed – below the low end of its full-year guidance range of 45,000–49,000 boed – driven primarily by declines and disappointing drilling results at its LLA-32 block.
Ecopetrol assumed direct operation of the gas processing plant at the Gibraltar field on April 1, 2026, following the expiry of a 15-year BOMT (Build, Operate, Maintain and Transfer) contract with Gas Gibraltar S.A.S.
Richard Francis, co-director of Sovereign Ratings for the Americas at Fitch Ratings, delivered a sober assessment of Colombia’s fiscal and economic outlook in an interview published April 6, 2026, estimating the country would need at least three to four additional years to recover the investment grade it lost in 2021.
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.
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