Ecopetrol Shoulders the Load as Petro’s Oil Policies Squeeze the Patch

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Ecopetrol is maintaining its 2026 spending plan despite a hostile political climate in Colombia, focusing on drilling development wells while balancing energy transition goals.

Market Impact

Market impact analysis based on neutral sentiment with 68% confidence.

Sentiment
Neutral
AI Confidence
68%

Article Context

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Colombia’s Ecopetrol is pressing ahead with a 2026 spending plan of 22–27 trillion pesos ($5.9–$7.2 billion), essentially holding the line from this year despite a political climate that couldn’t be more hostile to hydrocarbons. The company says the money will be deployed “with discipline,” which in Ecopetrol-speak means: drill aggressively enough to keep the lights on, but not so aggressively that Bogotá accuses you of sabotaging the energy transition. The plan calls for 380–430 development wells…

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Original article published by OilPrice.com on November 28, 2025.
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