Thursday, February 12th, 2026
Brazil leads Latin America in billionaire wealth concentration with 66 billionaires controlling US$253.2B, followed by Mexico (over US$200B), Chile, Colombia, and Argentina, according to an Oxfam report presented at the World Economic Forum in Davos. Meanwhile the CIDA says Colombia is the most unequal society in the region.
Colombia’s Attorney General announced February 9 it will file formal charges against Ecopetrol president Ricardo Roa on two separate cases, one stemming from his role as campaign manager for Gustavo Petro’s 2022 presidential bid. The charges mark an escalation from administrative sanctions to criminal proceedings that could reshape leadership at Colombia’s largest company.
Colombia’s oil production declined 3.6% year-over-year through November 2025, averaging 744,645 barrels per day compared to 774,180 bpd in the same period of 2024, according to the ANH.
Transportadora de Gas Internacional’s (TGI) regasification plant in La Guajira will be operational by early 2027.
President Gustavo Petro announced the government is evaluating declaring an Economic, Social and Environmental Emergency in Córdoba and Sucre departments following catastrophic flooding that has claimed 14 lives and devastated the Caribbean region.
Arrow Exploration announced successful completion of the Mateguafa 8 appraisal well at the Tapir Block in Colombia’s Llanos Basin, where the company holds a 50% beneficial interest.
Energy Minister Edwin Palma signed a resolution making effective a CoP$500 per gallon gasoline price reduction beginning February 1, 2026, while maintaining stable diesel prices.
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