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Drummond wins defamation suit

Drummond Company announced that on January 15, 2026, a jury in the U.S. District Court for the Northern District of Alabama returned verdicts against attorney Terrence P. Collingsworth and his organization International Rights Advocates (IRAdvocates) on all counts in defamation and racketeering lawsuits. The plaintiff had accused the company of supporting armed groups in Colombia.

Thursday, January 22nd, 2026
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New Ecopetrol board member vows to block Permian Basin sale

César Eduardo Loza was elected as Ecopetrol’s eighth board member, marking the first time in the state oil company’s 74-year history that a worker representative will participate in strategic decision-making.

Wednesday, January 21st, 2026
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Parex announces 2026 guidance and board chair transition

Parex published its operational and CAPEX guidance for this year. It also announced that founder Wayne Foo would retire as Board Chair and Director of the Board, effective May 12, 2026.

Tuesday, January 20th, 2026
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Terpel Targets Solar Energy, Electromobility, and Lubricants for 2026 Growth

Colombian energy company Terpel announced its strategic focus on three business lines for 2026—solar energy, electromobility, and lubricants—to compensate for impacts from divestments in Ecuador and Peru.

Tuesday, January 20th, 2026
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Parex announces 4Q25 production update

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

Tuesday, January 13th, 2026
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Ecopetrol Faces Broad Labor Renegotiations as Multiple Unions File Complaints

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.

Monday, January 12th, 2026
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FEC announces new US$120M prepayment and commercial agreement with Chevron

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

Thursday, January 8th, 2026
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ACP Designates New Executive Board for 2026

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.

Thursday, January 8th, 2026
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Canacol Energy closes initial advance under DIP financing

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

Thursday, January 8th, 2026
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Promigas increases gas capacity

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.

Wednesday, January 7th, 2026
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