The Unión Sindical Obrera (USO) announced in the early hours of June 13 that it had reached a collective agreement with Ecopetrol, closing a labor conflict that had been running since May 2025 and which included a 24-hour strike the union called to press its demands. Negotiations concluded at approximately 4:50 a.m., according to the union.
Or the dominance of Ecopetrol in Colombian statistics means what it does pulls the national conclusions. In any event, 2025 was another weak year for exploration and discoveries. Sharp pencils and improved recovery saved ECP’s reserves from falling.
Colombia’s oil and gas industry association, the ACP, has issued a public alert over a work stoppage that began June 5 at production fields in Puerto Gaitán, Meta, organized by members of the metalworking trades.
The Colombian stock market became briefly the best-performing bourse in the world on June 1, with the MSCI Colcap index surging around 6% in early trading after Abelardo de la Espriella topped the presidential first round with 43.7% of the vote, a margin well above what Wall Street consensus had expected.
Ecopetrol closed 2025 with a reserve replacement index of 1.21 – meaning it added 1.21 equivalent barrels to its proven reserves for every equivalent barrel it produced during the year. Against annual production of 248 million equivalent barrels, the company incorporated 300 million equivalent barrels of new proven reserves, a result the Asociación Colombiana de Ingenieros de Petróleos (Acipet) characterized as positive for the state oil company.
Colombia’s Superintendencia de Industria y Comercio (Superindustria) has announced it is analyzing a request related to a business integration between Ecopetrol and Parex Resources Colombia, citing the need to assess the impact on free market competition.
The Unión Sindical Obrera issued a communiqué on May 30 calling on Colombians — and oil and gas workers in particular — to vote in the presidential election with the country’s energy future as their primary consideration.
President Gustavo Petro summoned three Ecopetrol board members — Hildebrando Vélez, Alberto José Merlano, and board chair Ángela María Robledo — to the Casa de Nariño on June 1, according to sources speaking to Valora Analitik.
Colombia’s main oil sector union, the Unión Sindical Obrera (USO), launched a 24-hour work stoppage at Ecopetrol on June 2, citing what it described as a complete breakdown in negotiations over a new collective labor agreement.
Ecopetrol announced on May 28 that it has reached 150 active patents registered in 13 countries and now holds more than 800 intellectual property assets in total — the largest such portfolio of any Colombian company.
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