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Acosta defends the NOC

Former MinEnergia Amylkar D. Acosta M. mounts a sharp defense of Ecopetrol against what he characterizes as the Petro government’s intention to dismantle the company piecemeal, using the Ministry of Finance’s submission to Congress of an indicative plan to divest strategic assets valued at CoP$50T as his central exhibit.

Thursday, May 14th, 2026
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Ecopetrol Q1 2026: refining lifts margins

Ecopetrol Q1 2026: refining lifts margins

Ecopetrol opened 2026 with a quarter that told two stories simultaneously: a seventh consecutive period of falling net income, and an EBITDA margin that matched the company’s best-ever historical quarters.

Wednesday, May 13th, 2026
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Arrow Exploration posts 13% production rise in 2025

Arrow Exploration Corp. delivered a mixed full-year 2025, growing output while absorbing the dual hit of weaker crude prices and a significant asset impairment.

Wednesday, May 13th, 2026
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Fuel export fraud claims in Ocean Mariner case

A dispute between two Colombian fuel distributors has drawn formal complaints to both the Fiscalía and the Ministry of Mines, reopening questions surrounding the Ocean Mariner — the Liberian-flagged vessel intercepted by the U.S. Navy in February after diverting from its declared destination in the Dominican Republic toward Cuba, carrying a cargo valued at US$6.9M.

Wednesday, May 13th, 2026
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Canacol contract strategy becoming conflictive

Canacol Energy, Canada’s second-largest independent gas producer in Colombia, which is under creditor protection has attracted concern about a possible supply crisis.

Tuesday, May 12th, 2026
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Colombia’s election cycle casts a shadow over Ecopetrol’s bond rally

Ecopetrol’s bonds have staged an impressive run since March, but Wall Street analysts are now warning that the May 31 presidential election has become the single most important variable for the company’s long-term credit profile — potentially more consequential than oil prices, production volumes, or even the ongoing governance crisis at its headquarters.

Tuesday, May 12th, 2026
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GTE 1Q26 financial results, AGM and sustainability report

GTE 1Q26 financial results, AGM and sustainability report

Gran Tierra Energy reported Q1 2026 total working interest production of 45,497 boed, 2% below both Q4 2025 and Q1 2025, with Colombia contributing 21,319 boed. The sequential decline reflects waterflood optimization timing in Colombia and the disposal of the Canadian Simonette Montney assets for US$49M, partially offset by stronger-than-expected results from the Conejo wells in Ecuador’s Charapa Block.

Monday, May 11th, 2026
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Ecopetrol’s union takes governance complaint to SEC

The Unión de Trabajadores de la Industria Petrolera y Energética de Colombia (UTIPEC) has filed a formal complaint with the U.S. Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE), alleging that Ecopetrol is undergoing a process of decapitalization driven by governance failures and politically motivated energy policy decisions.

Monday, May 11th, 2026
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Terpel hedges against fuel’s uncertain future

Óscar Bravo, chief executive of Terpel — Colombia’s dominant fuel distributor with roughly 43% of the service station market – used an interview with Valora Analitik to lay out a decade-long growth plan that is as much about surviving the energy transition as it is about selling more gasoline.

Thursday, May 7th, 2026
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Gas imports are costing industrial clients

Carlos Mazeneth, chief executive of Efigas, the natural gas distributor serving Colombia’s Eje Cafetero region, has issued a blunt warning about the commercial toll of the country’s growing dependence on imported gas: higher molecule costs are driving industrial customers away, directly eroding the company’s bottom line.

Thursday, May 7th, 2026
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