Drummond Energy is abandoning its planned regasification terminal in Ciénaga, Magdalena, to focus entirely on developing unconventional shale gas in Cesar, betting on President Abelardo De la Espriella’s fracking-friendly stance.
Colombia’s unconventional hydrocarbons (YNC) could extend national gas self-sufficiency by roughly 70 years and oil self-sufficiency by nearly 16 years, relative to 2020 production levels, according to a Corficolombiana report.
Ecopetrol’s Barranquilla and Cartagena refineries strengthened their fuel and petrochemical output in the first half of 2026, with total refining throughput averaging 428,000 bd, up 5.9% (24,000 bd) year-on-year.
Colombia’s electricity demand is projected to grow roughly 10% between 2026 and 2030, according to UPME estimates cited at Andeg’s 13th Energy Forum, straining both generation supply and the transmission network.
Following a meeting with the Colombian Natural Gas Association (Naturgas), Minister of Environment Fabio Arjona endorsed natural gas as a fundamental fuel for Colombia’s energy transition, framing it as compatible with energy security, emissions reduction, and territorial protection.
The De la Espriella government is expected to call an Extraordinary Shareholders’ Assembly for Ecopetrol in late September, aimed at advancing changes to the company’s board of directors.
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