Two of Colombia’s most prominent oil and gas industry associations moved quickly after the June 21 second-round result to signal institutional alignment with president-elect Abelardo de la Espriella.
Ecopetrol and Germany’s development cooperation agency GIZ signed an agreement on June 19 to conduct feasibility and engineering studies for a Power-to-Liquid pilot plant at the Cartagena refinery, aimed at producing e-SAF — electronic Sustainable Aviation Fuel — from green hydrogen.
Calgary-based Arrow Exploration Corp. reported average production of 4,715 boed for the first quarter of 2026, a 15% increase over the same period in 2025 and 19% above Q4 2025, driven primarily by additional volumes from the Mateguafa Attic field in the Tapir block.
S&P Global Ratings affirmed Ecopetrol’s global issuer credit rating at BB- with a stable outlook on June 16, while also confirming the company’s stand-alone credit profile (SACP) at bb+.
Ecopetrol’s research arm, the Colombian Institute of Petroleum and Energy Transition (ICPET), has launched a new operating model built around “technology suites” dedicated to water conservation, decarbonization, and nature-based solutions, marking a significant expansion of its experimental infrastructure at the El Chircal eco-reserve in Piedecuesta, Santander.
The president of Colombia’s National Electoral Council (CNE), magistrate Cristian Quiroz, moved quickly on June 22 to deflate the legal significance of Iván Cepeda’s announced mass challenge to the second-round results.
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