The Petro government proposed eliminating unpopular taxes on alcoholic beverages, particularly beer, in exchange for reviving a previously struck-down measure prohibiting oil and mining companies from deducting royalties from their income tax.
Colombia’s Constitutional Court validated Decree 1275 of 2024, which recognizes indigenous peoples as environmental authorities within their territories, but established specific conditions for its application. The decree, signed by President Gustavo Petro and issued by the Ministry of Environment, responds to a demand from ancestral communities spanning more than three decades.
From the beginning President Gustavo Petro’s government seemed determined that Colombia would lose its self-sufficiency in fossil fuels. It appears to be accomplishing that goal, certainly in gas, and maybe in liquids as well.
The Colombian government, through the Ministry of Mines and Energy, announced an urgent package of measures to stabilize natural gas prices and protect residential users, small businesses, taxi drivers, and productive sectors dependent on this service.
President Gustavo Petro considers selling Ecopetrol’s Permian Basin assets essential for the company’s financial sustainability, but experts strongly disagree, viewing the move as both unviable and harmful to the stock.
The Ministry of Mines and Energy is working on a comprehensive update of the institutional framework to guarantee liquid fuel supply in Colombia. The initiative will be built on two main pillars: strengthening the legal and operational framework for fuel imports, and creating a Liquid Fuels Manager.
Colombia’s Energy and Gas Regulatory Commission (CREG) issued two key resolutions in late November 2025 to address the country’s natural gas supply constraints and facilitate imported gas contracting. The measures aim to eliminate barriers that limit or discourage imported gas procurement while enabling short-term transportation solutions.
The Colombian Association of Geologists and Geophysicists of Energy (ACGGP) presented a comprehensive public policy proposal aimed at strengthening the country’s energy security through scientific evidence, increased exploration, enhanced state technical capacity, and improved territorial engagement models.
The latest Invamer poll for Colombia’s 2026 presidential elections reveals Senator Iván Cepeda leading the field with 31.9% voting intention, followed by lawyer Abelardo de la Espriella at 18.2% and former Antioquia governor Sergio Fajardo with 8.5%. The survey, conducted for Noticias Caracol and Blu Radio between November 15-27, 2025, polled 3,800 people across 148 municipalities with a 1.81% margin of error.
Latin America enters a new phase of oil industry reconfiguration in 2026, with some countries facing progressive reserve depletion while others consolidate expansion in production, exports, and capital market access.
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