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Frontera executes $750 million USD divestment of Colombian E&P assets, pivoting to infrastructure focus and LNG regasification venture with Ecopetrol.

Ricardo Roa's appointment to head the state-controlled petroleum giant came after he managed Gustavo Petro's presidential campaign.

The charges come as Ecopetrol faces scrutiny over corporate governance and reporting of petroleum reserves.

Recent board changes consolidate the Petro administration's control of the Ecopetrol board of directors.

The confirmation of a permanent Chief Compliance Officer occurs during a period of heightened legal and political scrutiny for the company.

The loan from by the state controlled petroleum company from a Colombian private bank is roughly $180.3 million USD.

Roa and Jaramillo face court demands for over $2.25 billion COP in unpaid debts to Sociedad Aérea de Ibagué.

One problem, of course, is money; Colombia doesn't have enough of it.

Some intrepid VC firms are betting on Colombian talent and the country’s technology infrastructure to produce results.

CARF warns the government’s fiscal plan may be overly optimistic and insufficient to fully address fiscal challenges.