Petro’s veto of Ecopetrol-CrownRock deal haunts Ecopetrol
By The BriefBrief
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.
Reporting from 1 identified publisher for this event.
