Ecopetrol’s incoming board of directors inherited a contested and unresolved legal services contract with Washington-based law firm Covington & Burling, after the Comptroller General’s Office (General Controllers Office) issued formal audit findings warning of governance failures and a potential US$1.592 million fiscal risk stemming from the contract’s suspension.
Colombia’s Council of State suspended President Petro’s late-2025 minimum wage decree and ordered the government to issue a new provisional wage determination within eight calendar days, following strict criteria outlined by the high court. on February 13, 2026.
The prospect of political change in Venezuela has revived debate over what a mass return of migrants would mean—not just for Venezuela, but for the labor markets and demographics of the countries that have absorbed them over the past decade, Bloomberg Línea reported on January 21, 2026.
Despite facing formal charges from the Attorney General’s Office over alleged campaign finance violations and a luxury apartment purchase, Ecopetrol president Ricardo Roa is unlikely to be removed—and markets may actually prefer it that way, according to a leading equity analyst.
Colombia’s General Controller (Contraloría General de la República) flagged a presumed loss of CoP$86.054 billion in two Ecopetrol contracts following a 2024 audit, raising fresh concerns about oversight and project management at the state oil company, La República reported on January 19, 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.
My “give back gig” is I work with the electrical engineer’s association (ACIEM) where I get involved in high technology and some energy issues. In that role, I’ve spent a lot of time at ACIEM events (like Enercol) where I got to meet ex-GEB president, Sandra Fonseca and see her discuss sectoral issues. I was somewhat surprised to see she’d left Asoenergia (where she was Executive Director) but then less surprised to see she was running for senator, under the umbrella of Nuevo Liberalismo.
The Administrative Court of Cundinamarca has admitted a public interest lawsuit against Ecopetrol and the Ministry of Finance aimed at blocking any potential sale of the state oil company’s Permian Basin assets in the United States, Valora Analitik reported on January 28.
Colombia’s industrial natural gas demand reached its lowest level in a decade during December 2025, triggering increased consumption of more polluting fuels as companies abandon gas for coal, diesel, fuel oil, and liquefied petroleum gas.
Acting Environment Minister Irene Vélez Torres led a dialogue with 40 Colombian ambassadors and diplomatic mission representatives to advance preparations for the First Conference for Transition Beyond Fossil Fuels.
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