With less than a month until his August 7th inauguration, president-elect Abelardo de la Espriella’s economic team completed a high-level Washington mission on July 15th, securing a concrete output from its IDB meeting: the launch of “Colombia Crece,” a joint investment attraction strategy embedded within the IDB Group’s regional LAC Crece initiative.
Vice president-elect José Manuel Restrepo met with US Secretary of State Marco Rubio at the State Department on July 15 for a 45-minute bilateral meeting that both sides described as the opening of a new chapter in Colombia-US relations, one in which energy and hydrocarbons figured as a central substantive thread beneath the diplomatic framing.
Writing in Portafolio, Sylvia Escovar – former president of Terpel and current chair of the GeoPark board – published a pointed opinion piece framing the question of who leads Ecopetrol not as a personnel decision but as an institutional one with consequences for the entire country.
Colombia’s natural gas supply picture has deteriorated sharply since the start of 2026.
Colombia’s Ministry of Finance published a detailed diagnosis of the hydrocarbon sector’s structural deterioration in its Medium-Term Fiscal Framework that frames the depth of the challenge facing the incoming De la Espriella administration.
The Canacol-Cerro Matoso dispute has entered a new phase, with court-appointed monitor KPMG formally intervening to contest the ferronickel producer’s characterization of the gas supply restrictions, while simultaneously urging both parties to reach a commercially viable new contract before the situation escalates further.
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