Thursday, March 26th, 2026
We are rebuilding our fuel price database to capture more information while making it easier to update. Here is the first new chart, gasoline prices by city over time, here summarized to make it easier to read.
Energy and Mines Minister Edwin Palma used his appearance at the Contraloría General de la República’s forum on energy supply and storage on March 18, 2026 to frame the energy transition not as a Petro-government initiative but as a multi-administration policy commitment that should survive electoral cycles.
Gran Tierra Energy (GTE) announced on March 17, 2026 that it has signed an agreement with Ecopetrol to earn a 49% working interest in the Tisquirama block in Colombia’s Middle Magdalena Valley, which contains the Tisquirama and San Roque fields directly adjacent to Gran Tierra’s largest producing asset, Acordionero.
President Gustavo Petro spoke publicly on Ecopetrol twice in March, offering a consistent reading of the company’s deteriorating financial performance and using both opportunities to reinforce his energy transition agenda.
Naturgas president Luz Stella Murgas used a March 18, 2026 interview with El Heraldo to preview the agenda and ambitions of the upcoming Naturgas Congress, to be held in Cartagena from April 15 to 17 — the association’s most prominent annual gathering.
Ecopetrol closed 2025 with net profits of CoP$9.02T — down 39.5% and the lowest figure since 2021 — capping a third consecutive year of earnings deterioration. What can be done?
In an exclusive interview with Valora Analitik on March 20, 2026, Imad Mohsen, global president of Canadian independent Parex Resources, offered one of the most unambiguously positive assessments of Colombia’s investment climate heard from a senior oil executive in years — and one that stands in pointed contrast to the alarm being sounded by domestic sector associations over regulatory uncertainty and unpaid government debts.
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