Monday, May 11th, 2026
The Ministry of Mines and Energy has published a draft decree that would overhaul the rules governing Colombia’s natural gas market, targeting what the government characterizes as speculative behavior in secondary trading that is driving up costs for households, industry, and commerce.
The Colombian oil equipment and services industry association Campetrol released its 2025 Oil Sector Balance, covering second-half 2025 performance, full-year close data, and early 2026 figures, with a supplementary analysis of Venezuela’s hydrocarbons industry drawn from a sectoral outreach mission Campetrol conducted in the neighboring country.
Óscar Bravo, chief executive of Terpel — Colombia’s dominant fuel distributor with roughly 43% of the service station market – used an interview with Valora Analitik to lay out a decade-long growth plan that is as much about surviving the energy transition as it is about selling more gasoline.
Carlos Mazeneth, chief executive of Efigas, the natural gas distributor serving Colombia’s Eje Cafetero region, has issued a blunt warning about the commercial toll of the country’s growing dependence on imported gas: higher molecule costs are driving industrial customers away, directly eroding the company’s bottom line.
Colombia’s Finance Minister Germán Ávila has confirmed the convening of an Extraordinary Shareholders’ Assembly to make what he described as “some adjustments” to Ecopetrol’s board of directors. If the changes go ahead, the board will have been reorganized nine times in under four years — an unprecedented pace for a company of Ecopetrol’s strategic weight.
Ahead of its May 12 results release, Ecopetrol has published preliminary estimates for Q1 2026 that point to net profit of between CoP$2T and CoP$3T — a range that, if confirmed, would mark eleven consecutive quarters of year-on-year earnings decline (in pesos) since the peak of early 2023.
GeoPark used its 1Q26 operational update to reinforce a message it has been building since late 2025: that the company has turned a corner.
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