A new controversy has erupted in Colombia’s energy sector as more than 70 former ministers, Ecopetrol presidents, executives, and academics signed an open letter urging authorities to halt President Gustavo Petro’s plan to sell the company’s unconventional operations in the Permian Basin, Texas.
Colombia’s government is moving to reshape the governance of Ecopetrol (NYSE: EC) through a reform that would, for the first time, grant a full voting seat on the board of directors to an active employee.
GeoPark Limited (NYSE: GPRK) reported steady operational results for the third quarter of 2025, with production and development activity showing strong resilience across its Colombian and Brazilian assets and the company finalizing its long-awaited entry into Argentina’s Vaca Muerta basin.
President Gustavo Petro is once again urging Ecopetrol (NYSE: EC) to sell its stake in the Permian Basin, the highly productive oil region in the United States.
As Colombia faces growing concerns over energy supply, Orlando Velandia, President of the National Hydrocarbons Agency (ANH), insisted the country has not lost its gas self-sufficiency.
Colombia, standing on vast natural gas reserves, risks missing a historic opportunity to secure its energy future. That is the warning from Luz Stella Murgas, President of Naturgas, who argues that the country cannot afford to leave its gas buried while paying more for imports.
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