Wednesday, August 12th, 2026
An extensive El Espectador retrospective, drawing on interviews with more than 10 sector figures, delivers a mixed verdict on the outgoing Petro government’s hydrocarbons record – industry groups call it negative, while the government points to democratic legitimacy for its choices.
Ricardo Roa’s July 30 exit from Ecopetrol’s presidency has triggered a wider reorganization moving beyond the parent company into its subsidiary boards and legal ranks.
On Friday, August 7th Abelardo de la Espriella was sworn in as Colombia’s President for 2026 to 2030, a critical period for the county’s energy sector.
By now you must know that we made it through the SPEC maintenance window without regulated customers noticing anything and no power blackouts. If we hadn’t, you certainly would have heard about it.
Aval Asset Management raised its price target for Ecopetrol shares to CoP$2,950, a 27% increase over its prior valuation, though the firm maintains a neutral rating given ongoing operational and financial challenges.
An El Heraldo feature gathering multiple sector experts makes the case that Ecopetrol’s decline under the outgoing government reflects deliberate policy choices, not just market conditions: 13 consecutive quarters of falling profits, crude production down 2.7% to 725,200 bd, and a leadership scandal involving outgoing president Ricardo Roa.
The Comisión de Regulación de Energía y Gas (CREG) is moving to modernize how jet fuel is priced in Colombia, combining a regional stakeholder consultation tour with a formal regulatory proposal released within the same week.
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