Debt, Politics and Gas: Ecopetrol Explains Rejecting $3.6B Oxy Deal / Latest / By mark Ecopetrol said its decision to not move forward with a $3.6 billion deal to acquire Oxy’s CrownRock LP assets was mainly due to the impact on its leverage, but also political shifts under Colombian President Gustavo Petro. Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Related