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Ecopetrol’s ICPET opens new US$1.7M research suites

Ecopetrol’s research arm, the Colombian Institute of Petroleum and Energy Transition (ICPET), has launched a new operating model built around “technology suites” dedicated to water conservation, decarbonization, and nature-based solutions, marking a significant expansion of its experimental infrastructure at the El Chircal eco-reserve in Piedecuesta, Santander.

Tuesday, June 23rd, 2026
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Today, a de la Espriella presidency looks more secure

The president of Colombia’s National Electoral Council (CNE), magistrate Cristian Quiroz, moved quickly on June 22 to deflate the legal significance of Iván Cepeda’s announced mass challenge to the second-round results.

Tuesday, June 23rd, 2026
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Meta blockades cost Ecopetrol lost production

Meta blockades cost Ecopetrol lost production

Road and access blockades at Ecopetrol’s subsurface operations in the Meta municipalities of Acacías, Guamal, and Castilla La Nueva reached 52 days as of June 17, with the company issuing a forceful statement from Villavicencio condemning the disruption and calling for a return to dialogue.

Monday, June 22nd, 2026
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ECOnnect Energy to supply jettyless LNG transfer system for Puerto Bahía terminal

Dutch marine technology firm ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A. — a majority-owned subsidiary of Canada’s Frontera Energy Corp. — to deliver its proprietary IQuay F-Class jettyless transfer system for a fast-tracked LNG import terminal in Cartagena Bay.

Monday, June 22nd, 2026
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Promigas sets Colombian bond demand record

Gas network operator Promigas closed a US$920M subordinated hybrid bond issuance — the largest demand ever recorded for a Colombian company — drawing US$2.7B in orders from roughly 150 investors across the United States, Europe, Latin America, and Asia, an oversubscription rate of nearly 2.8 times.

Monday, June 22nd, 2026
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Repsol signs MOU with PDVSA to study new oil area

Spain’s Repsol has signed a memorandum of understanding with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to study the development of a new oil area called Horcón, located southeast of Lake Maracaibo — a zone adjacent to fields where Repsol already holds operations.

Monday, June 22nd, 2026
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Colombia’s election reflects a polarized country

Colombia’s election reflects a polarized country

Yesterday’s presidential voting had a declared winner but the results are not definitive and the loser is contesting the result.

Monday, June 22nd, 2026
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Ecopetrol cuts out the middleman on Japan shipment

Ecopetrol cuts out the middleman on Japan shipment

Ecopetrol has completed its first direct export of petroleum coke (petcoke) to Japan, shipping 50,000 tons to a Japanese steelmaker for use in vehicle production, a transaction that represents 5 percent of the Refinería de Cartagena’s total annual petcoke exports and marks a strategic shift in how the state oil company commercializes one of its industrial byproducts.

Thursday, June 18th, 2026
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MinEnergia suppresses Colombia’s annual reserves report

Colombia’s National Hydrocarbons Agency (ANH) has failed to publish its annual Resources and Reserves Report (IRR) for 2025, more than 45 days after the legally mandated deadline of April 30.

Thursday, June 18th, 2026
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Farm lobby ties fertilizer crisis directly to Petro’s exploration ban

Jorge Enrique Bedoya, president of the Colombian Farmers’ Society (SAC), drew a direct line between the Petro government’s restrictions on oil and gas exploration and the country’s dependence on imported fertilizers, arguing that greater domestic gas production could have enabled Colombia to manufacture urea at home rather than buying it from Trinidad and Tobago, the United States, China, and Russia.

Thursday, June 18th, 2026
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