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Ecopetrol Fracking Return and Offshore Push as Colombia Reserves Fall

Summary by The Rio Times
Ecopetrol's new president says Colombia has 7.4 years of oil reserves and 5.9 years of gas, and is taking the company back into fracking and offshore drilling.

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The President reiterated that his Government would allow new exploration contracts, including fracking, under environmental liability criteria.

The president of Colombia, Abelardo de la Espriella announced this Friday that he opened the door to fracking and that his government will fully reactivate the exploration and subscription of new hydrocarbon contracts, led by Colombian businessman Joaquín Gutierrez in the largest company ...

Joaquín Gutiérrez already presides Ecopetrol and places Colombian energy sovereignty at the center of his road map, with the Caribbean gas as the axis. The entry Ecopetrol turns towards energy sovereignty with Joaquín Gutierrez and changes the rules for Repsol aparece primero en Moncloa.

Joaquín Gutiérrez assumed Ecopetrol and announced responsible fracking, a new headquarters in Barranquilla and greater presence of the company in the regions.

·Bogotá, Colombia
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La FM broke the news in Bogotá, Colombia on Friday, September 25, 2026.
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