Financial Performance - Ecopetrol Group's EBITDA reached 244 trillion COP in 1H-2025, with an EBITDA margin of 40%[87] - Net income was affected by external factors, including price, inflation, and FX rate[16] - The company achieved 80% progress in additional cost and expense reduction measures, targeting 1 trillion COP[87] - CapEx for 1H-2025 was 2582 million USD, with investments in Colombia accounting for 62%, Brazil 17%, USA 15%, and others 6%[17, 100] - The company paid dividends equivalent to a 10% return[17] Operational Highlights - Production for 2Q-2025 reached 755 mboed[13, 31] - The company achieved its highest first-half production since 2015[28] - Transported volume decreased by 4% to 1088 mbd in 1H-2025[33] - Refinery throughput decreased by 3% to 413 mbd in 2Q-2025[43] - Operational availability in refining reached 958%[42] Energies for the Transition - The company is expected to exceed its 2025 target for the renewable energy portfolio, projecting over 900 MW[20, 106] - Accumulated GHG emissions reduction exceeded the semiannual target by 132%, totaling 183 thousand tCO2e[20] - The company commercialized long-term imported natural gas (60 GBTUD block for 5 years) for the first time in Colombia[12] Exploration and Production - Commerciality was declared for the Lorito discovery, estimated to have 250 million barrels of oil equivalent (MMBOE) in recoverable resources[12, 26] - Investments of 156 million USD were executed in exploration during 1H-2025[23] - Lifting cost was 1159 USD/Bl in 1H-2025, a 4% decrease[54]