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Fearless Forecasts in an unstable environment

Fearless Forecasts in an unstable environment

We should just write 500 words on why accurate forecasting this year will be impossible, add 200 words on the benefits of scenario-based planning and try to otherwise keep our head down. But we promise you courageous comments so here we go.

Sunday, January 11th, 2026
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Palma wants to leverage Trump’s Venezuela oil strategy to import gas

Palma wants to leverage Trump’s Venezuela oil strategy to import gas

Despite the Petro government’s criticism of U.S. intervention in Venezuela following Nicolás Maduro’s capture, Energy Minister Edwin Palma signaled openness to negotiating with the Trump administration.

Thursday, January 8th, 2026
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FEC announces new US$120M prepayment and commercial agreement with Chevron

Frontera announced a commitment to deliver production to Chevron and a corresponding prepayment agreement.

Thursday, January 8th, 2026
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ACP Designates New Executive Board for 2026

The Colombian Petroleum and Gas Association (ACP) General Assembly designated members of the Board of Directors for the 2026-2027 period and appointed its new Executive Board, who will assume leadership of the association’s Board of Directors for one year.

Thursday, January 8th, 2026
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Canacol Energy closes initial advance under DIP financing

The Colombian gas producer published an update press release on its website. We also picked up an item on CNE from Superservicios.

Thursday, January 8th, 2026
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Petro requests substantial gas price reduction from Ecopetrol

Petro requests substantial gas price reduction from Ecopetrol

President Gustavo Petro requested that state-owned Ecopetrol substantially reduce internal natural gas prices as Colombia confronts a growing gas shortage forcing dependence on costlier imports. According to the country’s commodities exchange, internal gas production is projected to fall up to 20% below demand next year.

Wednesday, January 7th, 2026
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