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The board of directors' decision has spurred fears of a leadership crisis and controversy about the future of Colombia's most important company.

Despite the arbitration ruling, Reficar's recovery of the $1 billion USD is now in question due to CB&I's bankruptcy.

Children found alive, witness found dead, JetSmart connects with American Airlines, Ecopetrol wins a billion, EmpleoBilingue is here!

The parties also agreed to allocate resources for social investment projects and energy transition forums.

"We have not said that we will not sign new search and exploration contracts," said Ecopetrol President Ricardo Roa.

Ecopetrol announced a record increase in revenue for 2022, and shared the progress of some of their programs looking into the future.

President Gustavo Petro, a petroleum industry opponent, is making move to align the board of directors to his ideology.

On the markets the Peso had a bumpy week before recovering somewhat by Friday.

The nationwide taxi protests did not have the effect the cabbies expected.

Marquez wants the Cuban system. Petro promises more limited reforms...for now.