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De la Espriella inherits a gas supply crisis

The incoming de la Espriella government’s stated ambition to expand oil and gas production is the easy part of its energy agenda — the hard part is bridging the supply gap before new production arrives.

Thursday, July 2nd, 2026
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Petrobras pre-sells its entire Sirius share

Petrobras pre-sells its entire Sirius share

Petrobras has confirmed that it has completed the advance commercialization of the full volume of natural gas corresponding to its participation in the offshore Sirius project, developed jointly with Ecopetrol in the Colombian Caribbean.

Wednesday, July 1st, 2026
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CREG wants to blend H2 into national gas pipeline system

Colombia’s energy regulator CREG took a concrete step toward regulating hydrogen injection into the national gas transport network on June 24, hosting a sector workshop and publishing two technical studies on the economics and engineering of hydrogen-natural gas blending (H2+CH4) in the Sistema Nacional de Transporte (SNT).

Wednesday, July 1st, 2026
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A gas supply perfect storm

regasification terminal in Cartagena shuts down for scheduled maintenance.

The five-day window may sound manageable in isolation, but El Tiempo’s energy sector analysis places it inside a set of compounding vulnerabilities that make it anything but routine.

Wednesday, July 1st, 2026
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Experts warn Canacol contract termination compounds gas issues

El Heraldo assembled four energy sector voices to assess the fallout from the Alberta court’s ruling authorizing Canacol Energy to suspend its Colombian gas supply contracts — a decision affecting twelve counterparties including Cerro Matoso, Promigas, Gases del Caribe, and Surtigas.

Tuesday, June 30th, 2026
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ECOnnect Energy to supply jettyless LNG transfer system for Puerto Bahía terminal

Dutch marine technology firm ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A. — a majority-owned subsidiary of Canada’s Frontera Energy Corp. — to deliver its proprietary IQuay F-Class jettyless transfer system for a fast-tracked LNG import terminal in Cartagena Bay.

Monday, June 22nd, 2026
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Repsol signs MOU with PDVSA to study new oil area

Spain’s Repsol has signed a memorandum of understanding with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to study the development of a new oil area called Horcón, located southeast of Lake Maracaibo — a zone adjacent to fields where Repsol already holds operations.

Monday, June 22nd, 2026
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Venezuela grants Shell a gas license

Venezuela has formalized a licensing agreement with Shell for the development and production of the Loran gas field, the Venezuelan side of the cross-border Loran-Manatee accumulation shared with Trinidad and Tobago.

Wednesday, June 17th, 2026
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Moody’s warns Colombia’s gas supply deficit will keep widening through 2029

Moody’s warns Colombia’s gas supply deficit will keep widening through 2029

Moody’s Ratings issued a sector-wide alert on Colombia’s energy and gas industry, warning that credit conditions for companies across the chain — generation, transmission, and distribution — will continue to deteriorate at least until the first half of 2027.

 

Tuesday, June 16th, 2026
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Colombia’s record gas import dependency leaves thin buffer

Colombia’s record gas import dependency leaves thin buffer

Colombia set a new record in the first week of June 2026, with imported gas reaching 32% of total national gas consumption — the highest share ever recorded in the country’s energy balance.

Monday, June 15th, 2026
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