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Petro’s veto of Ecopetrol-CrownRock deal haunts Ecopetrol

Filed: Jun 30, 2026 at 7:07 AM ET
Summary: Petro blocked Ecopetrol’s 2024 Permian deal, and the lost upside is now estimated at billions.
WHO: President Petro; Ecopetrol; CrownRock
WHAT: President Petro blocked Ecopetrol’s planned purchase of up to 30% of CrownRock’s Permian assets, with foregone upside later estimated in billions.
WHEN: Jun 30, 2026 at 6:19 AM ET
WHERE: Colombia
WHY: Petro objected to fracking, debt, and sending money abroad.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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