Unless you have only a passing interest in oil or have been trekking to the South Pole recently, you will know that oil prices are down thanks (or no thanks) to uncertainty about the global economy and OPEC’s decision to expand production.
Latin America stands at a crossroads between oil, gas, and clean energy, but Colombia appears to be drifting from the regional consensus that seeks balance between economic survival and decarbonization.
Colombia’s industrial sector could face a severe competitiveness crisis in 2026, as natural gas prices are projected to rise by up to 200%, driven by costly imports and inefficient transport logistics from the Caribbean coast.
A new government proposal to apply VAT to ethanol and biodiesel could undermine Colombia’s progress toward cleaner fuels and climate goals.
The latest edition of Colombia’s Barómetro Petrolero shows renewed public confidence in the oil and gas sector, with six out of ten Colombians approving petroleum activities in their municipalities, a record level of support since the survey began in 2019. The study also revealed a growing acceptance of fracking and highlighted concerns over future gas imports and energy security.
Colombia’s industrial leaders are sounding the alarm over potential gas rationing tied to upcoming maintenance at the SPEC regasification terminal, warning that a government plan to prioritize gas supply to thermal power plants could devastate factories and regional economies.
As Colombia edges closer to a natural gas shortfall projected for 2026, a new clash has emerged over how to prevent it. The state-controlled Ecopetrol has rejected, for now, a proposal from Transportadora de Gas Internacional (TGI) to jointly build a regasification terminal in La Guajira, opting instead to prioritize its own project in Coveñas, Sucre.
Ahead of the scheduled maintenance of Colombia’s SPEC LNG import and regasification terminal, set for October 10 to 14, the Superintendent of Public Utilities (SuperServicios) carried out an on-site inspection to verify technical and operational compliance.
With Colombia facing a looming shortfall in natural gas starting in 2026, Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), unveiled a plan it says could prevent a full-blown energy crisis.
The administration of President Gustavo Petro moved to modernize how Colombia measures and certifies its oil and gas reserves.
2026, Hydrocarbons Colombia, All Rights Reserved.
