Monday, March 16th, 2026
President Gustavo Petro’s administration is defending the continued tenure of Ricardo Roa and Jorge Carrillo at two of Colombia’s most strategically important state enterprises despite escalating legal controversies surrounding both officials.
Ecopetrol is exploring two additional strategic business opportunities in Venezuela beyond natural gas imports following the changed political landscape after Nicolás Maduro’s capture by the United States.
The Ministry of Mines and Energy initiated an administrative sanction procedure against Ecopetrol for alleged non-compliance with the diesel supply plan for Nariño department, warning the situation could jeopardize fuel supply and result in sanctions against the company.
SierraCol Energy Limited notes today global investment firm Carlyle and Prime Infrastructure Capital, Inc (“Prime Infra”) announced that they have entered into an agreement by which Carlyle will sell to Prime Infra the totality of its shares in SierraCol. The transaction is subject to customary regulatory approvals and is expected to close within the following month.
Ecopetrol’s Permian Basin operations in the United States contributed 13.8% of total company production in 2025, emerging as one of the best-performing assets despite the Petro administration’s continued push to divest the fracking-based asset.
Ecopetrol initiated export operations with the Atlantic Majesty, the first vessel contracted for exclusive company use under a Time Charter arrangement, which will transport 1 million barrels of heavy crude monthly to United States customers.
Ecopetrol maintains a sufficiently robust oil and gas exploration portfolio to sustain activity for at least ten more years, extending to 2036, according to Elsa Jaimes, general manager of offshore projects and exploration, speaking at the second Colombian Geological Association Energy Exploration Convention.
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