Deutsche Bank’s assessment of a fast-developing El Niño episode – potentially among the six most intense since 1870 – named Colombia as Latin America’s most exposed economy, projecting the country’s price index could rise roughly 1.4 percentage points before year-end, the largest inflationary impact in the region alongside Peru’s 1.1 points.
Grupo Ecopetrol reported second-quarter 2026 results reflecting what the company described as its ability to maximize an integrated strategy and respond with agility to market dynamics.
President Gustavo Petro signed Decreto 0905 on July 30th, naming Edwin Palma – currently Minister of Mines and Energy – as ad hoc Minister of Labor and ad hoc Minister of Housing, City, and Territory, concentrating three portfolios in one official just a week before the administration’s term ends on August 7th.
Decreto 0526 de 2026 has raised alarms in Cauca after the Compañía Energética de Occidente (CEO) warned the measure will alter the Fondo de Energía Social (FOES) and could push energy bills up by as much as 30% for roughly 178,000 users starting June 1, 2027.
Ecopetrol has taken action to have illegally copied information from roughly 15 companies within its business group removed from public access, working in coordination with the Fiscalía General de la Nación and the Ministry of Information and Communications Technology (MinTIC),
Parex Resources framed its second-quarter 2026 results around the strategic transformation from its Frontera acquisition rather than the quarter’s numbers alone.
Back for only a single day, Ricardo Roa delivered his farewell address as Ecopetrol president on July 30th, closing a tenure marked by controversy that now has him facing judicial scrutiny.
Ecopetrol raised its natural gas contribution to 97 GBTUd to help cover the deficit created by the scheduled maintenance of the SPEC LNG regasification plant, which ran from Thursday, July 30th to Monday, August 3rd.
The Ministry of Mines and Energy reported that scheduled maintenance at the SPEC regasification terminal in Cartagena reached 79% completion as of the morning of August 2, with the ministry projecting 86% progress by midnight and full completion by midday August 3, followed by a cooling phase ahead of restart.
Minister Edwin Palma used the opening of the Foro de Gas 2026 in Bogotá on July 30 – the same day SPEC’s scheduled five-day maintenance began – to issue a formal government guarantee of continuous essential gas and electricity supply through August 3.
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