IBOV 175,739 ▼ 1.20% IPSA 10,928 ▼ 1.17% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL5.13▼ 0.12% USD/MXN17.50▼ 0.17% USD/CLP932.70▲ 0.85% USD/COP3,247▼ 0.49% USD/PEN3.40▼ 0.23% USD/ARS1,482▼ 0.07% USD/UYU40.22▲ 0.96% USD/PYG6,045▲ 1.22% USD/BOB10.35▲ 6.04% USD/DOP58.37▲ 0.49% USD/CRC448.53▲ 1.22% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 1.41% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▲ 1.05% EUR/BRL5.85▲ 0.49% BRENT 86.33 ▲ 3.64% WTI 80.16 ▲ 2.59% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.29% GOLD 4,027 ▲ 0.75% SILVER 58.43 ▲ 1.38% SOY 1,191 ▼ 0.92% CORN 459.50 ▲ 4.97% WHEAT 636.75 ▲ 1.56% COFFEE 313.35 ▼ 8.22% SUGAR 14.83 ▲ 0.54% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.66 ▲ 2.29% COCOA 5,843 ▲ 2.58% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 62,608 ▲ 0.59% ETH 1,786 ▲ 0.70% SOL 75.07 ▲ 0.28% XRP 1.07 ▲ 0.31% BNB 570.35 ▲ 0.66% ADA 0.16 ▲ 0.74% DOGE 0.07 ▲ 0.40% AVAX 6.50 ▲ 0.87% LINK 7.93 ▲ 0.65% DOT 0.85 ▲ 1.25% LTC 43.60 ▲ 0.26% BCH 236.16 ▼ 0.03% TRX 0.32 ▲ 0.21% XLM 0.18 ▼ 1.21% HBAR 0.07 ▼ 1.01% NEAR 1.98 ▲ 3.20% ATOM 1.52 ▼ 0.78% AAVE 96.14 ▲ 1.89% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92% EGX 52,416 ▼ 0.37% USD/ZAR16.48▲ 0.01% USD/NGN 1,378 — 0.00% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,053 ▼ 0.65% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.23▼ 0.13% USD/CNY6.78▼ 0.04% DAX 24,994 ▼ 0.48% CAC 8,303 ▼ 0.74% FTSE 10,448 ▼ 0.48% MIB 52,514 ▼ 0.56% IBEX 19,166 ▼ 0.88% STOXX 637.30 ▼ 0.58% EUR/USD1.14▲ 0.16% GBP/USD1.34▼ 0.07% SPX 7,515 ▼ 0.79% DJI 52,499 ▼ 0.26% NDX 29,264 ▼ 1.88% RUT 2,953 ▼ 0.83% TSX 35,253 ▼ 0.15% VIX 17.26 ▲ 0.58% USD/CAD1.41▼ 0.49% US10Y 4.6090 ▲ 0.88% IBOV 175,739 ▼ 1.20% IPSA 10,928 ▼ 1.17% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL 5.13 ▼ 0.12% USD/MXN 17.50 ▼ 0.17% USD/CLP 932.70 ▲ 0.85% USD/COP 3,247 ▼ 0.49% USD/PEN 3.40 ▼ 0.23% USD/ARS 1,482 ▼ 0.07% USD/UYU 40.22 ▲ 0.96% USD/PYG 6,045 ▲ 1.22% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.37 ▲ 0.49% USD/CRC 448.53 ▲ 1.22% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 1.41% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.70% USD/TTD 6.74 ▲ 1.05% EUR/BRL 5.85 ▲ 0.49% BRENT 86.33 ▲ 3.64% WTI 80.16 ▲ 2.59% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.29% GOLD 4,027 ▲ 0.75% SILVER 58.43 ▲ 1.38% SOY 1,191 ▼ 0.92% CORN 459.50 ▲ 4.97% WHEAT 636.75 ▲ 1.56% COFFEE 313.35 ▼ 8.22% SUGAR 14.83 ▲ 0.54% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.66 ▲ 2.29% COCOA 5,843 ▲ 2.58% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 62,608 ▲ 0.59% ETH 1,786 ▲ 0.70% SOL 75.07 ▲ 0.28% XRP 1.07 ▲ 0.31% BNB 570.35 ▲ 0.66% ADA 0.16 ▲ 0.74% DOGE 0.07 ▲ 0.40% AVAX 6.50 ▲ 0.87% LINK 7.93 ▲ 0.65% DOT 0.85 ▲ 1.25% LTC 43.60 ▲ 0.26% BCH 236.16 ▼ 0.03% TRX 0.32 ▲ 0.21% XLM 0.18 ▼ 1.21% HBAR 0.07 ▼ 1.01% NEAR 1.98 ▲ 3.20% ATOM 1.52 ▼ 0.78% AAVE 96.14 ▲ 1.89% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92% EGX 52,416 ▼ 0.37% USD/ZAR 16.47 ▲ 0.10% USD/NGN 1,378 — 0.00% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,053 ▼ 0.65% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.21 ▼ 0.14% USD/CNY 6.7775 ▲ 0.10% DAX 24,994 ▼ 0.48% CAC 8,303 ▼ 0.74% FTSE 10,448 ▼ 0.48% MIB 52,514 ▼ 0.56% IBEX 19,166 ▼ 0.88% STOXX 637.30 ▼ 0.58% EUR/USD 1.1403 ▲ 0.14% GBP/USD 1.3379 ▲ 0.22% SPX 7,515 ▼ 0.79% DJI 52,499 ▼ 0.26% NDX 29,264 ▼ 1.88% RUT 2,953 ▼ 0.83% TSX 35,253 ▼ 0.15% VIX 17.26 ▲ 0.58% USD/CAD 1.4086 ▼ 0.47% US10Y 4.6090 ▲ 0.88%
since 2009
Tuesday, July 14, 2026

Colombia Business

Colombia’s Grid Chief Named Mining and Energy Minister

By · July 14, 2026 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Politics

Key Facts

The pick. President-elect Abelardo De La Espriella named María Nohemí Arboleda mining and energy minister, effective August 7.

The résumé. She has run XM, the national grid and power-market operator, since 2016, its first female general manager.

The profile. An electrical engineer with over 30 years in the sector, she has never held political office.

The agenda. The incoming team wants to reactivate oil and gas contracts and reopen exploration, reversing the outgoing line.

The churn. The ministry has had three chiefs in four years, a sign of how contested energy policy has become.

Colombia’s incoming government has picked the country’s grid chief as its new energy minister. The choice signals a technocratic, pro-investment turn after years of restrictions on oil and gas.

High voltage transmission pylons, Colombia energy minister
High-voltage lines. The incoming minister ran XM, the operator of Colombia’s power grid. (Photo: Dg-505, CC BY 3.0, via Wikimedia Commons)
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

President-elect Abelardo De La Espriella announced María Nohemí Arboleda for the mining and energy post late on Monday. She takes office on August 7, when his government is sworn in.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

Who the new energy minister is

Arboleda is an electrical engineer from the National University with more than three decades in Colombia’s power sector. She has led XM, which runs the national grid and the wholesale electricity market, since 2016.

In that role she became the first woman to head the company and a familiar voice on supply reliability during drought and high demand. She has never held political office.

De La Espriella leaned on that record, calling her a technical pick chosen on merit rather than politics. The appointment is meant to reassure investors and markets about a sector he says he inherits in trouble.

A sharp turn on oil and gas

The appointment marks a clear break from the outgoing government of Gustavo Petro. Petro pushed a green transition and curbed new oil and gas exploration; the incoming team wants to put fossil fuels back at the centre.

The stated agenda is a fast one. It includes reactivating oil and gas contracts, reopening exploration including unconventional methods with limits in protected areas, and a review of the state oil company Ecopetrol.

The vice-president-elect, José Manuel Restrepo, has suggested the government’s first two decrees focus on restarting gas and oil exploration. De La Espriella has framed the shift as a fix for a looming risk of energy shortages.

Natural gas is the sharpest worry. Colombia has slid toward importing gas as domestic fields mature, and reopening exploration is the incoming team’s answer to keeping supply and prices under control.

Why it matters for investors and residents

For investors, the pick rounds out a market-friendly economic team alongside finance minister Miguel Gómez. It points to a more predictable, contract-based approach to energy after years of uncertainty.

For residents, one promise stands out. Arboleda has flagged the high electricity tariffs on the Caribbean coast, among the country’s steepest, as an early priority to tackle.

Who is Colombia’s new energy minister?

María Nohemí Arboleda is an electrical engineer who has run XM, the operator of Colombia’s national grid and wholesale power market, since 2016. Named by President-elect De La Espriella, she takes office on August 7 with over 30 years in the sector and no prior political career.

What will change under the new energy minister?

The incoming government plans to reactivate oil and gas contracts, reopen exploration including unconventional methods with limits in protected zones, and review Ecopetrol. It marks a reversal of the outgoing government’s restrictions on new fossil-fuel development.

When does the new Colombian government take office?

Abelardo De La Espriella is inaugurated on August 7, 2026, for a four-year term to 2030, succeeding Gustavo Petro. His cabinet, including Arboleda, takes office the same day.

Connected Coverage

Colombia’s Next Finance Minister Signals a Sharp Turn Toward Markets

Colombia’s First Cabinet Name: Rodrigo Lara Heads to Interior

Colombia’s Handover Collapses: What the Broken Transition Means

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.