Chevron announced plans to invest over US$20M during the next five years to improve operational capacity and guarantee fuel supply in Colombia, following its 2020 exit from natural gas exploration and production to focus on becoming a leading fuel and lubricant provider.
Drummond Company announced that on January 15, 2026, a jury in the U.S. District Court for the Northern District of Alabama returned verdicts against attorney Terrence P. Collingsworth and his organization International Rights Advocates (IRAdvocates) on all counts in defamation and racketeering lawsuits. The plaintiff had accused the company of supporting armed groups in Colombia.
Gasoline prices vary dramatically across Latin America, with the global average at US$1.28 per liter, according to Global Petrol Prices data for early 2026.
Colombia’s vehicular natural gas prices increased 80% between 2022 and 2026, rising from approximately CoP$1,930 per cubic meter to nearly CoP$3,490, with annual average increases of 18% confirming a sustained upward trend at service stations.
A new GAD3 poll revealed by Noticias RCN shows Iván Cepeda (Pacto Histórico) leading Colombia’s presidential race with 30% voter intention, followed by Abelardo de la Espriella (Defensores de la Patria) at 22%, and Paloma Valencia (Centro Democrático) at 3%. The survey of 1,207 respondents carries a 2.83% margin of error.
César Eduardo Loza was elected as Ecopetrol’s eighth board member, marking the first time in the state oil company’s 74-year history that a worker representative will participate in strategic decision-making.
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