Friday, February 27th, 2026
Córdoba Governor Erasmo Zuleta Bechara requested national government authorization to temporarily implement the Works for Taxes mechanism in flood-affected municipalities, announcing he has advanced negotiations with businesspeople willing to contribute through this initiative.

Ministers from IEA Member countries today unanimously invited Colombia to become the Agency’s 33rd Member country, marking a significant expansion of the Agency’s engagement in Latin America and the Caribbean.
NG Energy International announced commencement of drilling operations at the Hechicero-1X exploration well at Sinu-9, marking the first well in a planned six-well 2026 drilling program as the company reported significant year-end reserves increases. The company also released year-end 2025 reserves showing gross 1P reserves of 64.5 Bcf and gross 2P reserves of 132.3 Bcf, with gross 3P reserves totaling 225.6 Bcf.
Gran Tierra Energy announced two strategic portfolio moves on February 19, 2026: completing its exit from Canada’s Simonette Montney asset while simultaneously entering Azerbaijan through a major exploration agreement with the State Oil Company of Azerbaijan (SOCAR).
The joint Ecopetrol-Frontera Energy regasification project at Puerto Bahía in Cartagena is advancing ahead of schedule, representing Colombia’s first concrete progress in gas imports from a second regasification facility.
Ecopetrol’s Unión Sindical Obrera (USO) announced support for Roy Barreras in the March 8, 2026 presidential consultation for the Frente por la Vida coalition, marking a clear break from the government coalition’s expected candidate Iván Cepeda.
Ecopetrol S.A. reported today its proven reserves of oil, condensate, and natural gas (1P reserves), including its share in proven reserves from subsidiaries, estimated based on the standards of the U.S. Securities and Exchange Commission (SEC).