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Regulations & Policy

Five indicators analysts will use to judge de la Espriella

The first months of Abelardo de la Espriella’s government will be evaluated against five quantifiable indicators, according to economists assembled by Bloomberg Línea: financial market behavior, fiscal discipline, inflation, investment, and economic activity and confidence.

Wednesday, July 29th, 2026
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Petro’s El Niño disaster declaration explicitly rejects gas

With fewer than two weeks left in his administration, President Gustavo Petro declared a national disaster for El Niño on July 23 and routed CoP$8T through the National Disaster Risk Management Unit (UNGRD).

Wednesday, July 29th, 2026
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New CREG executive director inherits gas supply crisis

The Comisión de Regulación de Energía y Gas (CREG) has named economist Adriana Jiménez Delgado as executive director for a 12-month term, formalized under Resolution CREG 105 015 of 2026.

Wednesday, July 29th, 2026
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Foro del Gas 2026 convenes Thursday July 30th in Bogotá

The Foro del Gas 2026, organized by the Bolsa Mercantil de Colombia (BMC) and the Consejo Nacional de Operación de Gas Natural (CNO-Gas), takes starts Thursday July 30th at the Grand Hyatt Hotel in Bogotá, the same day SPEC’s scheduled maintenance begins, making the timing unusually pointed.

Monday, July 27th, 2026
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Expert advice for de la Espriella tax reform

With the incoming government facing a fiscal adjustment estimated at five percentage points of GDP by 2030, a group of former finance ministers and economic research directors assembled by Valora Analitik has begun sketching the architecture of what Colombia’s next tax reform should look like and the consensus points toward structural change rather than incremental rate increases.

Monday, July 27th, 2026
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Palm Oil (and Gas)

No, we are not discussing biofuels. Rather, given that this is our last “What We Think” for the Petro government, we will give our evaluation, especially of the outgoing (already gone?) MinEnergia.

Monday, July 27th, 2026
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Two competing tax visions for the energy sector

Petro’s outgoing government filed its final tax reform before the new Congress on July 21st, placing the mining and energy sector at the center of the fiscal controversy for the second time in four years.

Wednesday, July 22nd, 2026
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González: ‘The baptism of fire of the new government will be energy’

Tomás González, former Minister of Mines and Energy and current director of the Centro Regional de Estudios de Energía (CREE), used a recent interview with El Tiempo’s María Isabel Rueda to deliver both his most direct assessment of the energy crisis the incoming government inherits and his most explicit argument for why hydrocarbons – not just renewables – are Colombia’s path out of it.

Wednesday, July 22nd, 2026
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Petro government enters resignation cascade

The Secretaría Jurídica de la Presidencia had several decrees in process on July 17th accepting senior official resignations, El Tiempo’s Investigative Unit reported, as the outgoing Petro government entered its final three weeks.

Wednesday, July 22nd, 2026
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De la Espriella moves to enable fracking but…

The incoming De la Espriella government has made enabling unconventional hydrocarbon extraction one of its most explicit energy policy commitments and the outgoing Petro government has moved to make that path as legally difficult as possible with fewer than three weeks left in office.

Tuesday, July 21st, 2026
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