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The debate over fracking and its impact on Ecopetrol's finances has intensified, with the government suggesting that decisions on this technology could directly affect the company's viability. This political controversy adds uncertainty to the energy sector.
Impact: Political uncertainty may deter investment in the energy sector and complicate long-term planning for Ecopetrol.
— from Colombia's Electoral Fragmentation and Ecopetrol Financial Risk · La Estrategia del Día Colombia· Feb 12, 2026