Colombia’s state oil company is unable to import natural gas from Venezuela because it lacks a license from the US required to do so, the Andean nation’s energy chief said. https://t.co/nruLp79Eyp ...

Core Insights - Ecopetrol reported proven reserves of 1,944 million barrels of oil equivalent (mmboe) at the end of 2025, achieving a reserves replacement ratio of 121% [1][1][1] - The average reserve life for the Ecopetrol Group is 7.8 years, with a 2.7% increase in proven reserves compared to the end of 2024 [1][1][1] - The company’s effective management and execution of recovery projects contributed significantly to the reserves replacement, marking the highest contribution in the last four years [1][1][1] Reserves Details - Proven reserves as of December 31, 2024, were 1,892.7 mmboe, with revisions adding 140.8 mmboe and enhanced recovery contributing 142.6 mmboe [1][1] - The reserves contributions were primarily from enhanced recovery projects in the Castilla, Chichimene, and Akacias fields, as well as improved operational management in the Rubiales and La Cira-Infantas fields [1][1][1] - The Brent reference price for 2025 was USD 68.64 per barrel, a decrease of 13.9% from USD 79.69 per barrel in 2024 [1][1][1] Company Overview - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [1][1][1] - The company has expanded its operations internationally, with interests in strategic basins in the United States, Brazil, and Mexico, and holds significant positions in power transmission in several South American countries [1][1][1] - Ecopetrol employs more than 19,000 people and has a diverse portfolio that includes energy transmission and road concessions [1][1][1]

Core Viewpoint - Ecopetrol S.A. is convening a General Shareholders' Meeting on March 27, 2026, to discuss key corporate matters including a merger and financial statements [1] Group 1: Meeting Agenda - The agenda includes the review and approval of a merger agreement with Parque Solar Portón del Sol S.A.S. [1] - Shareholders will vote on the planned profit distribution for 2025 [1] - Approval of the audited individual and consolidated financial statements for 2025 is on the agenda [1] - The meeting will also cover the Integrated Management Report and the Corporate Governance Report for 2025 [1] Group 2: Meeting Logistics - The meeting will be held in person and streamed live on Ecopetrol's website [1] - Shareholders are encouraged to attend with smart mobile devices for electronic voting [1] - Proxies can represent shareholders, and specific requirements for proxy representation are outlined [1] Group 3: Shareholder Rights and Information - Shareholders can inspect Ecopetrol's books starting March 5, 2026, with prior appointment [1] - The merger proposal will be available at Ecopetrol's main domicile within the legally required timeframe [1] - Shareholders have the right to object to the merger under certain conditions as per local law [1]

Core Viewpoint - Ecopetrol S.A. is implementing measures to ensure adequate representation of shareholders at the Annual General Meeting scheduled for March 27, 2026, in compliance with Colombian regulations [1]. Group 1: Measures for Shareholder Representation - The Corporate Legal Vice Presidency and General Secretariat will be responsible for reviewing and verifying proxies [1]. - Employees are reminded that they cannot represent shares other than their own during the meeting, except in cases of legal representation [1]. - Powers of attorney cannot be granted to individuals connected to the management or employees of Ecopetrol [1]. - Managers and employees are instructed not to suggest or determine appointees in proxies, recommend specific candidate lists for the board, or coordinate with shareholders on proposals or voting [1]. - Proxies that do not meet legal requirements will not be accepted, and the name of the appointed representative must be clearly stated [1]. - Shareholders will be informed of their right to be represented by proxy and the legal requirements for such proxies [1]. Group 2: Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [1]. - The company is responsible for over 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [1]. - Ecopetrol has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and other sectors [1]. - Internationally, Ecopetrol has operations in strategic basins in the U.S., Brazil, and Mexico, and holds significant positions in power transmission in Brazil, Chile, Peru, and Bolivia [1].

Group 1 - Ecopetrol S.A. plans to release its financial and operating results for Q4 2025 and the full year on March 4, 2026, after market close [1] - A virtual conference will be held on March 5, 2026, at 9:00 a.m. Colombia Time and New York Time, with simultaneous transmission in Spanish and English [1] - The company is the largest in Colombia, responsible for over 60% of the country's hydrocarbon production, and has significant roles in transportation, logistics, and refining [1] Group 2 - Ecopetrol has acquired 51.4% of ISA's shares, expanding its participation in energy transmission and real-time systems management [1] - The company has international operations in strategic basins across the Americas, including drilling and exploration in the U.S., Brazil, and Mexico [1] - Ecopetrol holds leading positions in power transmission in Brazil, Chile, Peru, and Bolivia, as well as in road concessions and telecommunications in Chile [1]

Colombian prosecutors plan to charge Ecopetrol CEO Ricardo Roa over alleged violations of campaign spending limits in President Gustavo Petro’s 2022 presidential bid, El Tiempo reported https://t.co/dcuEr5Yj3D ...

Core Points - Ecopetrol S.A. held an Extraordinary Shareholders' Meeting on February 5, 2026, where shareholders approved the election of the Board of Directors for the 2025–2029 term [1] - The meeting's agenda included the appointment of key positions and committees, all of which were approved with overwhelming support [2][3] Board of Directors Election - The newly elected members of Ecopetrol's Board of Directors include: - Ángela María Robledo Gómez (Independent) - Carolina Arias Hurtado (Independent) - Juan Gonzalo Castaño Valderrama (Not independent) - Hildebrando Vélez Galeano (Independent) - Lilia Tatiana Roa Avendaño (Not independent) - Alberto José Merlano Alcocer (Not independent) - César Eduardo Loza Arenas (Not independent) - Ricardo Rodriguez Yee (Independent) - Luis Felipe Henao Cardona (Independent) [3] - The voting results for the election of the Board of Directors showed 95.18% in favor, with 4.82% against [3] Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [4] - The company is responsible for over 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [4] - Ecopetrol has expanded its operations internationally, with interests 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 [4]

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]

Group 1 - Ecopetrol S.A. has nominated Mr. Luis Felipe Henao Cardona as the candidate for the Board of Directors by minority shareholders [1] - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [2] - The company is responsible for more than 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [2] Group 2 - Ecopetrol has acquired 51.4% of ISA's shares, expanding its participation in energy transmission and real-time systems management [2] - The company has drilling and exploration operations in the United States (Permian basin and Gulf of Mexico), Brazil, and Mexico [2] - Through ISA and its subsidiaries, Ecopetrol holds significant positions in power transmission in Brazil, Chile, Peru, and Bolivia, as well as road concessions in Chile and telecommunications [2]

Group 1 - Ecopetrol S.A. has been nominated by hydrocarbon-producing departments for Mr. Ricardo Rodriguez Yee to join the Board of Directors as the eighth director [1] - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [2] - The company has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and real-time systems management, as well as road concessions and telecommunications in various countries [2] Group 2 - Ecopetrol operates drilling and exploration activities in strategic basins across the Americas, including the Permian basin and the Gulf of Mexico [2]