Ecopetrol (EC) Gets Complete Control of Southern Caribbean Offshore Assets

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]