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Downstream & Pricing

Coveñas oil hub

On Colombia’s Caribbean coast, the Coveñas maritime terminal serves as the beating heart of the country’s oil exports, a complex that moves between 90% and 95% of all crude shipped abroad.

Thursday, October 16th, 2025
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Modular refinery?

Norte de Santander is setting its sights on becoming a regional energy and logistics hub, with plans for a modular refinery operating under a free trade zone regime, major highway improvements, and a freight train to connect the department with the Caribbean coast.

Wednesday, October 15th, 2025
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Taxing clean fuels

A new government proposal to apply VAT to ethanol and biodiesel could undermine Colombia’s progress toward cleaner fuels and climate goals.

Thursday, October 9th, 2025
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Ecopetrol says no to TGI

As Colombia edges closer to a natural gas shortfall projected for 2026, a new clash has emerged over how to prevent it. The state-controlled Ecopetrol has rejected, for now, a proposal from Transportadora de Gas Internacional (TGI) to jointly build a regasification terminal in La Guajira, opting instead to prioritize its own project in Coveñas, Sucre.

Wednesday, October 8th, 2025
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Biofuel formula revamp

The Petro administration has taken another step toward reshaping Colombia’s fuel market, this time targeting the long-standing pricing formula for biofuels.

Tuesday, October 7th, 2025
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Pacific LNG progress

Pacific LNG progress

Ecopetrol (NYSE: EC) confirmed a major step forward in Colombia’s efforts to secure new gas supplies: its contractor Regasificadora del Pacífico S.A.S. signed an agreement with Belgian shipping company Exmar for a floating storage unit (FSU) in Buenaventura.

Wednesday, October 1st, 2025
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Biofuels gain momentum

Ecopetrol (NYSE: EC) has thrown its weight behind a key shift in Colombia’s energy policy: increasing the blending of biodiesel and ethanol in fuels, while also betting on sustainable aviation fuel (SAF) produced from palm oil.

Tuesday, September 23rd, 2025
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Belgian partner secured

Colombia’s long-awaited Pacific regasification plant has taken a major step forward, as Ecopetrol (NYSE: EC) announced the involvement of Belgian shipping group Exmar in the project’s construction.

Tuesday, September 23rd, 2025
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Fuel giants merge

Colombia’s fuel sector is bracing for a major shake-up as four companies, Primax, Biomax, Coesco, and Autogas, prepare a large-scale integration of their operations.

Thursday, September 18th, 2025
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Road closure threatens propane

The closure of the highway to the Llanos region has placed Colombia’s propane supply at risk, according to the Colombian Association of Gas Marketers (Agremgas).

Wednesday, September 17th, 2025
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