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Resolutions Adopted by the Extraordinary Shareholders' Meeting of February 5th 2026
Prnewswire· 2026-02-05 22:52
The agenda proposed for the meeting was approved. iii. Appointment of the Elections and Vote Counting Committee of the General Shareholders' Assembly The Elections and Vote Counting Committee proposed by shareholder Carolina MarÃa Zarama was appointed. iv. Appointment of the Minutes Review and Approval Committee of the General Shareholders' Assembly The Minutes Review and Approval Committee proposed by shareholder Amparo del Pilar González was appointed. BOGOTA, Colombia, Feb. 5, 2026 /PRNewswire/ -- Ecopet ...
Ecopetrol S.A. submitted the Corporate Governance Best Practices Implementation Report - Código País for 2025
Prnewswire· 2026-01-30 23:11
Core Insights - Ecopetrol S.A. submitted its Corporate Governance Best Practices Implementation Report for 2025 to the Financial Superintendence of Colombia, highlighting the governance practices adopted during the year [1][2] Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [3] - The company is responsible for more than 60% of Colombia's hydrocarbon production and holds leading positions in transportation, logistics, refining, petrochemicals, and gas distribution [3] - Ecopetrol acquired 51.4% of ISA's shares, expanding its involvement in energy transmission, real-time systems management, and road concessions [3] - Internationally, Ecopetrol has operations in strategic basins in the U.S. (Permian basin and Gulf of Mexico), Brazil, and Mexico, and holds significant positions in power transmission in Brazil, Chile, Peru, and Bolivia [3]
Ecopetrol Announces Minority Shareholders' Nominee to the Board of Directors on Slate Proposed by Government of Colombia
Prnewswire· 2026-01-30 16:45
BOGOTA, Colombia, Jan. 30, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that the minority shareholders have once again nominated Mr. Luis Felipe Henao Cardona as their candidate to the Board of Directors. The minority shareholders' nominee will be submitted for election by the shareholders as the ninth director on the slate of nominees proposed by the Government of Colombia. Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the America ...
Update on the VAT proceedings related to fuel imports
Prnewswire· 2026-01-24 00:41
Group 1 - Ecopetrol S.A. has been notified by the Colombian National Tax and Customs Authority (DIAN) regarding a resolution mandating the payment of COP 5.3 trillion in Value Added Tax (VAT) on gasoline imports, along with penalties and interest for late payment accrued between 2022 and 2024 [1][2] - The company disagrees with DIAN's interpretation of the laws and plans to pursue legal actions to resolve the regulatory differences [2][3] - Ecopetrol emphasizes its commitment to comply with customs and tax obligations while working collaboratively with the tax authority to address the dispute [3] Group 2 - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production, and has significant roles in transportation, logistics, and refining [3] - The company has expanded its operations through the acquisition of 51.4% of ISA's shares, engaging in energy transmission and other infrastructure projects [3] - Ecopetrol holds interests in strategic basins across the Americas, including drilling and exploration activities in the United States, Brazil, and Mexico, and has a strong presence in power transmission and telecommunications in several South American countries [3]
Ecopetrol Announces Hydrocarbon-Producing Departments' Nominee to the Board of Directors on Slate Proposed by Government of Colombia
Prnewswire· 2026-01-20 13:54
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time sys ...
Ecopetrol Announces Employee Elected to the Board of Directors on Slate Proposed by Government of Colombia as a Result of Voting Process
Prnewswire· 2026-01-16 14:17
BOGOTA, Colombia, Jan. 16, 2026 /PRNewswire/ -- ECOPETROL S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") reports that, in accordance with its Articles of Association, Ecopetrol's employees have elected Mr. Cesar Eduardo Loza Arenas as their candidate to the Board of Directors. He is the seventh director on the slate of nominees proposed by the Government of Colombia. The formalization of the complete slate of nominees proposed by the Government of Colombia remains subject to the completion of certain corpor ...
Renegotiations of Collective Bargaining Agreement
Prnewswire· 2026-01-07 22:53
Core Viewpoint - Ecopetrol S.A. is currently engaged in the renegotiation of its Collective Bargaining Agreement with various labor organizations, indicating a proactive approach to labor relations and commitment to dialogue [1][2]. Group 1: Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 individuals [3]. - The company is responsible for more than 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [3]. - Ecopetrol has expanded its operations through the acquisition of 51.4% of ISA's shares, which enhances its involvement in energy transmission and other sectors [3]. Group 2: Labor Relations - Several labor organizations, including Adeco, Sindispetrol, and others, have initiated the renegotiation of their respective chapters of the Collective Bargaining Agreement by filing complaints with the Ministry of Labor [1]. - The Colombian Labor Code allows parties to request amendments to collective bargaining agreements through such complaints, emphasizing the legal framework governing these negotiations [2]. - Ecopetrol has reaffirmed its commitment to maintaining open and constructive dialogue as a foundation for reaching agreements that benefit workers and the country [2].
Ecopetrol (EC) Gets Complete Control of Southern Caribbean Offshore Assets
Yahoo Finance· 2025-12-31 10:18
Group 1 - Ecopetrol S.A. (NYSE:EC) experienced a share price increase of 5.81% from December 22 to December 29, 2025, ranking it among the top-performing energy stocks for that week [1] - The company has over 18,000 employees and is recognized as one of the largest firms in Colombia and a leading integrated energy group in the Americas [2] - On December 24, 2025, Ecopetrol announced that Colombia's National Hydrocarbons Agency formalized the transfer of a 50% stake from Shell EP Offshore Venture, granting Ecopetrol full ownership and operatorship of several offshore exploration and production contracts [3] Group 2 - Shell's withdrawal from its offshore assets in the region was part of a global portfolio strategy, allowing Ecopetrol to take full control and continue developing existing gas discoveries in the Caribbean [4] - Ecopetrol is evaluating whether to retain 100% ownership of the newly acquired assets or to seek a new partner for technical and financial support [4]
Indian Oil buys first Colombian oil under Ecopetrol contract, sources say
Reuters· 2025-12-31 03:45
Group 1 - Indian Oil Corp has purchased its first Colombian oil under an optional supply deal with Ecopetrol, indicating a strategic move to diversify its oil sources [1] - This deal marks a significant step for India's top refiner as it seeks to reduce reliance on traditional suppliers and explore new markets [1] - The collaboration with Ecopetrol reflects the growing importance of Latin American oil in the global market, particularly for Asian refiners [1]
Ecopetrol negotiates Grenergy’s solar PV portfolio in Colombia
Yahoo Finance· 2025-12-01 10:46
Core Insights - Ecopetrol has finalized negotiations to potentially acquire seven companies from Grenergy Renovables, which hold a total of 88.2 megawatt-peak (MWp) of solar projects in Colombia [1] - The acquisition is contingent upon fulfilling specific conditions and legal requirements, aiming to enhance Ecopetrol's renewable energy capacity towards its goal of 900MW of self-generated renewable energy [2][3] Group 1: Acquisition Details - The companies in Grenergy's portfolio are located in the Córdoba, Cesar, Magdalena, and Sucre departments, each with permits and assets for solar photovoltaic (PV) projects, estimated at 12.6MWp per project [1] - The acquisition aligns with Ecopetrol's strategy to diversify its energy mix and support its decarbonization objectives [2][3] Group 2: Strategic Goals - Ecopetrol aims to generate low-emission energy for its own use, reducing reliance on bilateral energy contracts and exposure to spot market prices [3] - The company currently accounts for over 60% of hydrocarbon production in Colombia and is involved in power transmission across several South American countries [4]