National gas production fell 12.89% in May

Colombia's gas production dropped 12.89% year-over-year in May, according to ACIPET data. Ecopetrol prepares measures for the El Niño phenomenon.

The Colombian Association of Petroleum Engineers reported that 1,129 million cubic feet per day of gas were produced in May. This figure marks the worst first five months since 2013, with an average of 1,127.6 MPCD.

Imports covered 28.8% of national demand. Ecopetrol announced that regasification projects will contribute 360 GBTUD to face the El Niño phenomenon.

Bayron Triana Arias, Ecopetrol's vice president of Energies for the Transition, said the company acted in advance to ensure energy security. The company has 1,863 MW of self-generation.

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Illustration of Ecopetrol's Q1 2026 profits with oil facilities, charts, and Colombian elements for a news article.
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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

Oil and gas production in Colombia fell 2.7% in the first quarter of 2026 compared to the same period in 2025, according to a Campetrol report. The hydrocarbons sector, which includes refining, grew 0.4% over the same period.

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Colombia's National Hydrocarbons Agency (ANH) reported average oil production of 740.812 barrels per day (Bppd) in the first quarter of 2026. In March, it rose to 740.497 Bppd, up 5.573 Bppd from February. The gain stemmed mainly from recovery in the Meta field after resolving social blockades.

Former Mines and Energy Minister Amylkar Acosta warned of energy rationing risks in Colombia due to the El Niño phenomenon and suggested measures such as advancing the official clock.

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Ideam raised the probability of El Niño conditions to 82 percent for the May-June-July quarter, with strong or very strong intensity expected.

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