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Colombia's May 31 election pits three candidates with opposite records on oil, investment, security, and foreign policy.

Ecopetrol's Q1 EBITDA rose despite an 8.7% revenue drop — governance crisis and a $3.3B tax dispute loom over Colombia's state oil giant.

Roa is facing a 2nd criminal charge after prosecutors accused him of alleged influence peddling involving a public official.

Ecopetrol’s board has approved a temporary leave for Ricardo Roa, keeping him out of office until Colombia’s presidential elections wrap up at the end of June.

Ecopetrol faces a $30 billion USD debt and a looming national strike as the labor union demands the removal of President Ricardo Roa.

The oil and gas workers union called for the removal of Ecopetrol’s president following formal influence-peddling charges filed by Colombia’s Attorney.

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

Until now, Colombia's current president has not been seriously tied to narcotics, however he once belonged to a homicidal guerilla group.

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

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