Ecopetrol President Ricardo Roa confirmed the company’s Permian Basin field in Texas could be among assets under evaluation for divestment, responding to government opposition to fracking technology. The field, acquired under 2020 contracts, requires operational agreement updates and strategic decisions on future extraction.
Ecopetrol and Frontera Energy marked World Clean Energy Day with the inauguration of the new Quifa Solar Farm, incorporating 18MWp in the first quarter of 2026 and advancing Colombia’s energy transition.
Geopark announced a transformational acquisition of Frontera Energy’s entire Colombian exploration and production portfolio for US$375M cash at closing plus US$25M contingent upon achieving development milestones.
Colombia’s Constitutional Court suspended President Gustavo Petro’s economic emergency decree, halting multiple tax measures that would have significantly impacted the petroleum and mining sectors.
Mónica de Greiff, former president of Ecopetrol’s Board of Directors, explained in an extensive Revista Semana interview the circumstances surrounding her October 2025 resignation after initially attempting to resign in May 2025.
The US Department of Treasury’s Office of Foreign Assets Control (OFAC) issued General License 46 on January 29, authorizing established US entities to engage in Venezuelan oil sector activities including “lifting, exportation, reexportation, sale, resale, supply, storage, marketing, purchase, delivery, or transportation of Venezuelan-origin oil, including the refining of such oil,” subject to strict conditions.
2026, Hydrocarbons Colombia, All Rights Reserved.
