Juan Gonzalo Castaño, author of report against fracking, resigned from Ecopetrol’s board of directors Juan Gonzalo Castaño Valderrama has resigned from Ecopetrol’s board of directors after three months, citing personal and professional reasons. His resignation comes amid controversy surrounding his report advocating against fracking and questioning the profitability of Ecopetrol’s Permian assets, a proposal supported by President Gustavo Petro.

• Juan Gonzalo Castaño Valderrama resigned from Ecopetrol’s board of directors on May 12th, after three months in the role.
• His resignation is officially attributed to personal and professional reasons, as stated in a company filing.
• However, sources suggest his departure may be linked to disagreements regarding the potential sale of Ecopetrol’s Permian assets.
• Castaño authored a report in October 2025 that questioned the profitability of the Permian asset and supported the prohibition of unconventional fracking.
• This report has been used by President Gustavo Petro to support the proposal of selling Ecopetrol’s Permian business, facing opposition from unions, experts, and Ecopetrol’s president, Ricardo Roa. https://www.elcolombiano.com/negocios/juan-gonzalo-castano-renuncia-junta-directiva-ecopetrol-EE36454088