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Ecopetrol (NYSE: EC) President Ricardo Roa recently addressed concerns surrounding the Komodo-1 well and its exploration status, countering recent media reports that suggested a permanent halt.

EPM raised alarms about a critical gas supply shortage projected for 2025, with only 70% of its gas needs secured, leaving a 30% gap in its contractual coverage.

The recent government announcement about “planned gas rationing” in Colombia sparked concern, yet officials are clarifying the situation.

On October 31, Rubén Darío Lizarralde announced his departure from Bioenergy after four and a half years of transformative leadership.

A Colombian tribunal revived the drilling of Uchuva 2, a critical natural gas well, while mandating consultation with Indigenous communities in Taganga, Magdalena, who may be affected by the project.

In a recent analysis, J.P. Morgan downgraded Ecopetrol’s stock to “Underweight.”