News and AnalysIs for

Parex issued a press release with statistical details on 4Q25 production and the results of the Guapo-1 exploration well.

Ecopetrol S.A. announced January 7, 2026, that nine additional labor organizations have initiated renegotiation of their respective chapters of the Collective Bargaining Agreement by filing complaints with Colombia’s Ministry of Labor within the legally established timeframe.

Frontera announced a commitment to deliver production to Chevron and a corresponding prepayment agreement.

The Colombian Petroleum and Gas Association (ACP) General Assembly designated members of the Board of Directors for the 2026-2027 period and appointed its new Executive Board, who will assume leadership of the association’s Board of Directors for one year.

The Colombian gas producer published an update press release on its website. We also picked up an item on CNE from Superservicios.

Promigas announced on December 23 a new advance in the Barranquilla-Ballena Bidirectionality Project by placing into operation, ahead of schedule, 20 mmcfd of additional natural gas transport capacity between the Caribbean coast and Colombia’s interior.

Ecopetrol received the “Gold Standard” recognition for the third consecutive year for its advances in methane emissions management, detailed measurement plan implementation, reporting quality and transparency, and establishment of reduction targets. The recognition is granted by the Oil and Gas Methane Partnership (OGMP 2.0), an initiative led by the United Nations Environment Programme.

The NOC published a press release that set the stage for the Ministry’s announcement of increased gas declarations.

Fitch Ratings downgraded multiple Colombian energy companies following the country’s sovereign rating reduction, with Ecopetrol, Grupo Energía Bogotá (GEB), and Enel Colombia among those affected. The rating actions reflect these companies’ close ties to the Colombian state and its deteriorating credit profile.

Presidencia issued a press release saying that Ecopetrol and Sierracol had updated their natural gas production declaration, directing more from “own use” to the pipeline network.