News and AnalysIs for

The administration of President Gustavo Petro, through the Ministries of Mines and Energy (MinEnergia) and Finance (MinHacienda), is preparing a new five-page resolution that seeks to modify the pricing methodology for ethanol, a fuel additive commonly used to boost gasoline octane levels and reduce emissions.

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for July 2025.

Natural gas imports have become a major business opportunity in Colombia since the country lost energy self-sufficiency in December 2024. With limited resources to meet household demand, the government is now tracking six projects aimed at expanding import capacity, beyond the Cartagena regasification terminal that has been operating since 2016.

Colombia’s propane sector is moving to expand import capacity from the Caribbean as the country faces a tightening energy supply, revealed the Colombian Propane Association (Gasnova).

Colombia’s State Council ruled against Ecopetrol (NYSE: EC) and Oleoducto de los Llanos Orientales S.A. (ODL), confirming their responsibility for damage to a rice crop during the construction of an oil pipeline in Casanare in 2009.

Ecopetrol’s deteriorating Net Income continues to consume (virtual) column inches in the Colombian business press. Our perhaps counter-to-the-current view has been that short-term financial performance is the wrong place to look for what might be wrong with the NOC. This week we dive deeper into the qualitative comments we made last time.