News and AnalysIs for

So earnings season comes to an end and, apart from a few special charges, a generally positive one. Brent over US$100/bl will do that. But, unsurprisingly perhaps, that is not what people are talking about

We found an article about hydrocarbons imports but that was only updated to February and didn’t say much about why things were the way they were. We were inspired to go back to the source data in DANE, Colombia’s statistical institute and update our trade balance chart.

President Gustavo Petro launched a wide-ranging attack on Ecopetrol, political opponents, and business sectors in an extended post on X, centering his fire on what he described as the state oil company’s refusal to reduce its gas demand in the face of an accelerating climate crisis.

The first physical components of Colombia’s Pacific Regasification Plant are now in transit, marking a concrete step forward for one of the country’s important gas infrastructure projects.

Juan Gonzalo Castaño Valderrama has resigned from Ecopetrol’s board of directors after just over three months in the role, the latest disruption to the state oil company’s already turbulent governance.

NG Energy International Corp. (“NGE” or the “Company”) announced that it had filed its financial results for the three months ended March 31, 2026.

Arrow Exploration Corp. reported encouraging results from two separate wells on its Tapir Block in Colombia’s Llanos Basin in back-to-back press releases issued May 8 and May 13, 2026, covering an appraisal well at Mateguafa and an exploration well at the newly drilled Icaco prospect.

Ecopetrol set a new operational record in early May when it loaded a 500,000-barrel fuel oil cargo onto a vessel at the Puerto Bahía maritime terminal near Cartagena — double its previous maximum for a single shipment.

Colombia’s economy is being throttled by what financial corporation Corficolombiana calls an “invisible tax” — the accumulated weight of regulatory complexity, institutional fragmentation, and administrative bottlenecks that drive up costs without appearing in any official fiscal accounting.

A new CEPAL statistical report on tax collection across Latin America and the Caribbean through 2024 finds a region making incremental progress on revenue mobilization — but still structurally distant from developed-economy benchmarks, and dangerously exposed to commodity price swings in the countries that matter most.