De la Espriella announces the reopening of oil exploration in Colombia, including fracking

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Colombian President Abelardo de la Espriella announced the full reopening of hydrocarbon exploration including fracking and new contract signings. Businessman Joaquín Gutiérrez was sworn in as president of Ecopetrol, Colombia's largest energy company, marking a significant development in the country's energy sector.

Colombian President Abelardo de la Espriella announced on Friday that his government will "fully" reopen hydrocarbon exploration and the signing of new contracts, including hydraulic fracturing, during the swearing-in of businessman Joaquín Gutiérrez as president of Ecopetrol, the country's largest company.