The Inspector General’s Office has formally requested that the National Electoral Council (CNE) sanction Ricardo Roa Barragán, CEO of Ecopetrol (NYSE: EC), for alleged violations of campaign finance limits and covering up expenses during Gustavo Petro’s 2022-2026 presidential campaign, where Roa served as campaign manager.
NG Energy International Corp. (TSXV: GASX) announced the filing of its financial results for the three months ended March 31, 2025.
Despite positive developments in Colombia’s oil sector, energy analysts continue to raise red flags over the country’s gas reserves.
Ecopetrol (NYSE: EC), is at the center of a storm after revelations surfaced regarding a US$5.8M contract with US law firm Covington & Burling.
For the first time in 25 years, Cristina Mendoza no smells of smoke. Her kitchen in Palmar de Varela, Atlántico, no longer fills with the gray haze of burning firewood. Instead, a clean, blue flame now fuels her stove, a modest change for some, but a life-changing transformation for thousands of families across Colombia.
I wrote reluctantly about Colombia’s apparently scandal-ridden NOC just two weeks ago. Reluctantly because I rarely find scandals to be strategic. I hoped I would not have to do it again this year. But independent board member, Monica de Greiff, resigned this past week and the press assumes that CEO Ricardo Roa will leave shortly.
2025, Hydrocarbons Colombia, All Rights Reserved.
