Colombia’s oil sector was impacted heavily by the violent protests in Q2
Gran Tierra reforecasts Colombian production
National protest movement bruises company targets, but exploration prospects look promising
Months of social unrest and protests in Colombia have forced Calgary-based independent Gran Tierra Energy to cut full-year production guidance. More than 597,000bl in crude output was curtailed in Colombia through May and June after violent demonstrations resulted in temporary shut-ins at many of the company’s oil fields and wells. Output has mostly returned to pre-protest levels since the political situation calmed, but Gran Tierra does not expect to make up for the losses. The company has shaved 1.8-5pc from its original production guidance for the year. “Gran Tierra is very well placed, having built a commanding licence position across large parts of the underexplored Putumayo and O
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
