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Bridging the SPEC-shaped hole

Bridging the SPEC-shaped hole

Recently, we published an article that showed what happened when the country’s only regas facility, SPEC, closed for scheduled maintenance. One might have expected that since SPEC programmed the maintenance well in advance, some planning might have avoided any stress about shortages. We look for evidence of that planning. (UPDATE: Technical difficulties overcome and graphs and full text now loaded.)

Monday, November 10th, 2025
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The other guys trying to keep up the flow

The other guys trying to keep up the flow

This is the sad story we all know about gas production in Colombia. (We show Gas Delivered to the Pipeline, which impacts household consumption and thus the politics around gas.) Ecopetrol down. Everyone else also down. But for the appropriately grey area there are distinct stories.

Thursday, November 6th, 2025
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Remittances surpass traditional exports

Colombia’s economy is now receiving more money from its citizens abroad than from its traditional export giants.

Thursday, November 6th, 2025
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Ocensa tender suspended

What was expected to be one of the largest private contracts of the year for Ocensa, a key subsidiary of Grupo Ecopetrol, came to a dramatic halt on October 28, just five minutes before the bidding deadline.

Thursday, November 6th, 2025
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Ecopetrol secures regasification

Ecopetrol (NYSE: EC) President Ricardo Roa announced that the company is nearing financial closure on two of its most important natural gas infrastructure projects: the Buenaventura and Coveñas regasification terminals. Both are seen as key components of Colombia’s energy transition strategy and its efforts to secure long-term gas supply.

Thursday, November 6th, 2025
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Cenit plans broader role

Cenit plans broader role

Colombia’s midstream operator Cenit, a subsidiary of Ecopetrol (NNYSE: EC), is preparing to take on a larger role in the country’s energy transition and supply strategy,  from importing natural gas, fuels, and crude oil at its Coveñas terminal to repurposing Tumaco’s maritime infrastructure after the suspension of the Transandino pipeline.

Wednesday, November 5th, 2025
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Joint marketing plan for Sirius project

In a move that could reshape Colombia’s energy future, Ecopetrol (NYSE: ECP) and Petrobras (NYSE: PBR) have announced a joint marketing agreement for the early commercialization of gas from Sirius, one of the country’s most promising offshore discoveries in the Caribbean.

Wednesday, November 5th, 2025
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Fitch warns Ecopetrol

Fitch Ratings has reaffirmed Ecopetrol’s (NYSE: ECP) AAA national credit rating with a stable outlook but issued a stark warning: Colombia’s state oil giant could face a downgrade if financial, operational, or political risks intensify.

Wednesday, November 5th, 2025
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Energy shake-up ordered

The Ministry of Mines and Energy (MinEnergia) requested the resignation of five top directors across Colombia’s energy sector, signaling what insiders describe as a significant institutional reshuffle.

Wednesday, November 5th, 2025
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Parex 3Q25 results

Parex 3Q25 results

Parex (TSX: PXT) announced its financial and operating results for the third quarter 2025. Here are the details.

Tuesday, November 4th, 2025
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