BOGOTÁ, Colombia, July 30, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that after market close on Tuesday, August 12, 2025, it plans to release its financial and operating results for the second quarter of 2025.
On Wednesday, August 13, 2025, Ecopetrol's senior management plans to host a single virtual conference call to review the results, with transmission in Spanish and English.
BOGOTA, Colombia, July 25, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") announces that in its session on July 25, 2025, the board of directors approved the following appointments:
Sergio Andrés Moreno Acevedo has been appointed Corporate Vice President of Science, Technology and Innovation, effective July 28, 2025. Sergio has been serving in this role in an acting capacity since January 27, 2025, replacing Luis Felipe Rivera. He is a Systems Engineer and holds a specialization in Technology Management from the Universidad Industrial de Santander. He brings over 21 years of professional experience in the technology sector, having held strategic and leadership roles. Sergio joined Ecopetrol in 2023 as Manager of Innovation and ST+I Portfolio, and also served as Vice President of Digital at CENIT, a subsidiary of Ecopetrol, from July 2024 to January 2025. We extend our gratitude to Luis Felipe Rivera, who will continue to take on new strategic and high-impact challenges within the Ecopetrol Group.Bayron Triana Arias has been appointed Executive Vice President of Energy for the Transition, effective August 1, 2025. He has been serving in this role in an acting capacity since May 10, 2025, replacing David Riaño. Bayron Triana Arias is an Industrial Engineer from the National University of Colombia, with a Master's degree in Management from the same institution. He has over 18 years of experience in the energy sector, both in the public and private spheres, holding managerial roles focused on public policy development, strategic projects, and renewable energy initiatives. He joined Ecopetrol in 2023 as Manager of Energy Strategy for the Transition. We extend our appreciation to David Alfredo Riaño, who will continue contributing to the Ecopetrol Group by leading new challenges that will strengthen the 2040 strategy and the consolidation of the corporate group.
BOGOTA, Colombia, July 7, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") has completed the acquisition of 100% of the shares of Wind Autogeneración S.A.S., from Enel S.A.S. The transaction was approved by Ecopetrol's Board of Directors in December 2024. Ecopetrol executed the share purchase agreement and recently completed conditions precedent for closing, including regulatory and anti-trust authorizations.
BOGOTA, Colombia, July 2, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol") reports that, on June 3, 2025, the Colombian Tax and Customs Authority ("DIAN") notified Ecopetrol of Special Customs Requirement No. 525, in accordance with its interpretation of the law and pursuant to the applicable customs procedures. In this notice, DIAN announced its intention to issue an official adjustment assessment related to the Value Added Tax (VAT) on the import of diesel fuel (ACPM), and a penalty. The total amount of the proposed adjustment and penalty is COP 1.2 trillion, plus estimated interest of COP 0.5 trillion as of the date of the notice. This adjustment and penalty cover imports from 2022 to 2024.
BOGOTA, Colombia, July 1, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol") announces that the Financial Superintendency of Colombia (SFC), through Resolution 1139 dated June 11, 2025[1], authorized an amendment to the prospectus for the issuance and placement program (the "PEC" or the "Program") of Ecopetrol's local public bonds and commercial paper.
BOGOTA, Colombia, June 27, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company") informs that on June 27, 2025, the credit rating agency S&P Global Ratings downgraded Ecopetrol's global credit rating from BB+ to BB and maintained the negative outlook. This action is aligned with the downgrade of the Republic of Colombia's sovereign rating on June 26, 2025. Additionally, the agency affirmed Ecopetrol's Stand-Alone Credit Profile (SACP) at bb+.
In its report, S&P stated that Ecopetrol's global rating was adjusted in line with Colombia's sovereign rating and remains capped by it, due to the Company's significance in national revenue generation, its status as a government-related entity, and its role in the country's energy transition. The negative outlook on Ecopetrol reflects the sovereign's outlook.
BOGOTA, Colombia, June 27, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") announces that the credit rating agency Moody's has affirmed the Company's global credit rating at Ba1 with a stable outlook. The agency also confirmed Ecopetrol's standalone rating at b1.
Moody's stated that the Ba1 global rating reflects Ecopetrol's position as Colombia's leading oil and gas producer, as well as its significant power transmission business in Colombia and other Latin American countries.
BOGOTA, Colombia, June 27, 2025 /PRNewswire/ -- Ecopetrol announces that, following discussions with its ADR (American Depositary Receipts) program depositary bank, JPMorgan Chase Bank N.A., it has successfully extended the agreement to reduce by 50% the conversion fees for the issuance and cancellation of ADRs in the United States. This measure, originally announced on January 15, 2025, was initially set to remain in effect until July 10, 2025. With the extension, it will now remain valid through December 31, 2025.
BOGOTA, Colombia, June 26, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") informs that on May 29, 2025, the Dirección de Impuestos y Aduanas Nacionales (the "Tax Authority") notified Refinería de Cartagena S.A.S. (the "Refinery") of two resolutions mandating the Refinery to conduct correction assessments in relation to customs import declarations for gasoline. In accordance with the Tax Authority's interpretation of the law, the Refinery owed approximately COP 1.0 trillion, plus estimated interests to date of COP 2.1 trillion, for the import of gasoline between 2022 and 2024. On June 26, 2025, the Refinery filed the corresponding motions for reconsideration against the aforementioned customs correction assessments.
BOGOTA, Colombia, June 5, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company") informs that S&P Global Ratings maintained the Company's global credit rating at BB+ as well as its negative outlook, as reported today, June 4, 2025. Additionally, the agency lowered the Company's Stand Alone Credit Profile (SACP) rating from bbb- to bb+.
S&P mentioned that lower oil prices and exchange rate volatility have impacted the Company's financial performance during the last year, and it estimated that Ecopetrol's debt/EBITDA ratio would remain at a level above 2.0.
BOGOTA D.C., Colombia, June 4, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors appointed Rodolfo Mario García Paredes as Acting Corporate Compliance Director and Interim Anti-Money Laundering Compliance Officer at its June 3, 2025 meeting, effective as of June 4, 2025. Mr. García Paredes, who has most recently served as Legal Manager of Hydrocarbons, is an attorney specializing in public management and institutions. For more than 25 years he has belonged to Ecopetrol's Corporate Legal Vice Presidency, where he has held senior positions, including Legal Advisory Manager for Exploration, Legal Manager for New Business, Corporate Affairs, and Hydrocarbons. Moreover, he has served as Acting Corporate Legal Vice President and General Secretary for Ecopetrol on several occasions.
BOGOTA, Columbia, May 21, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it executed an asset purchase purchase agreement with Statkraft European Wind and Solar Holding, AS ("Statkraft") on May 20, 2025, for the potential acquisition of its portfolio in Colombia. This portfolio includes one company dedicated to the development and operation of solar and wind assets, six special purpose entities owning solar projects (614 MW), and three special purpose entities owning wind projects (750 MW) (the "Portfolio"). The agreement is subject to the fulfillment of conditions precedent and other legal requirements, which, once met, is intended to allow Ecopetrol S.A. to acquire the Portfolio of up to 1.3 GW.
BOGOTA, Colombia, April 28, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Ministry of Finance and Public Credit ("MHCP") authorized the company to execute a loan agreement of up to USD 500 million with [Banco Santander, S.A.], by means of Resolution 0910 dated April 25, 2025. The term of the loan will be five years, payable at maturity, and the interest rate will be indexed to the SOFR rate.
The funds from this operation are intended to be allocated to non-investment expenses, in accordance with the Resolution issued by the MHCP and the company's 2025 financing plan and help reach the Gross Debt/EBITDA target for the year.
BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that a joint plan has been initiated to determine the best alternative to ensure the continuity of the projects in the Southern Caribbean following Shell's decision to withdraw from its offshore assets in said region.
In the Col 5, Purple Angel, and Fuerte Sur blocks, there are gas discoveries Kronos-1, Purple Angel 1, Gorgon 1 and 2, and Glaucus 1, which were operated by Shell. Shell's decision is related to its global portfolio strategy and management. These technically and economically viable projects are a priority for Ecopetrol and the country. Therefore, actions are being evaluated to maintain their continuity over time and develop resources to ensure the medium-term gas supply.
BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that in its session on April 23, 2025, the following appointments were approved:
Julián Fernando Lemos as Corporate Vice President of Strategy and New Business, effective May 1, 2025. Julián has been serving as Acting Vice President since September 16, 2024. He holds a degree in Mechanical Engineering from the National University of Colombia and a specialization in Social and Economic Project Evaluation from the University of Los Andes. He has 19 years of experience in leadership, strategy, investment management, and business development roles, with 10 years in the oil, gas, and electric power industries. He has been with Ecopetrol since 2017 and has served as Manager of Mergers and Acquisitions since December 2023. Previously, he was Strategy Manager and Business Development Manager at the Colombia office of the Japanese multinational Mitsubishi Corporation.Diana Marcela Jiménez as Director of Institutional Relations and Communications, who has been acting as Director since January 18, 2025, and will assume the position permanently on May 1, 2025. She holds degrees in Business Administration and Electrical Engineering from the University of Los Andes, a specialization in Economics from the Javeriana University, a specialization in Business Distribution and Generation from UCUF, an MBA from EADA, and an Executive Master in Strategic Management from EADA. She has 20 years of experience in the sector, focusing on stakeholder engagement aligned with Ecopetrol's interests, strategic corporate communication management, regulatory affairs, and leadership in ESG (Environmental, Social, and Governance).Julio César Herrera as Vice President of Commercial and Marketing, effective May 1, 2025. Julio has been acting as Vice President since January 15. He has over 15 years of experience in the sector, with deep technical knowledge and a comprehensive understanding of the regional and global energy market. He has distinguished himself as President of Energy Group and Global Production Company and Chief Financial Officer of Lewis Energy Group. He holds a degree in Public Accounting from Javeriana University, a specialization in Marketing from Northwestern University, and a specialization in Finance from the University of Pennsylvania.BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs the filing of its annual report under Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC").
With the filing of its annual report under Form 20-F, the Company complies with its reporting obligations with the SEC, the New York Stock Exchange (NYSE), bondholders, and investors.
The annual report includes, among others, the financial statements of Ecopetrol in accordance with International Financial Reporting Standards (IFRS) as adopted by the International Accounting Standards Board that were audited and certified in compliance with internal control over financial reporting by the Independent Registered Public Accounting Firm Ernst & Young Audit S.A.S. for the years 2022, 2023 and 2024.
BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Board of Directors, in its session on April 22 and 23, 2025, decided that Guillermo García Realpe and Mónica de Greiff Lindo will continue in their roles as Chairperson and Vice-Chairperson of the Board of Directors, respectively.
The Board of Directors also approved the formation of its support committees as follows:
AUDIT AND RISK COMMITTEE
Álvaro Torres Macías (Chairperson)Angela María Robledo GómezMónica de Greiff LindoGuillermo García RealpeRicardo Rodríguez YeeBOGOTA, Colombia, April 22, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) has published the periodic year-end report for 2024, which contains sections related to company practices, policies, processes and indicators in connection with social and environmental matters, including climate issues. This report was published pursuant to External Circulars 012 of 2022 and 031 of 2021, both issued by the Financial Superintendence of Colombia (Superintendencia Financiera de Colombia).
BOGOTA, Colombia, April 22, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that after market close on Tuesday, May 6, 2025, it plans to release its financial and operating results for the first quarter of 2025.
On Wednesday, May 7, 2025, Ecopetrol's senior management plans to host a single virtual conference call to review the results, with transmission in Spanish and English. Please find below the time and links to access the conference:
BOGOTA, Colombia, April 14, 2025 /PRNewswire/ -- Ecopetrol signed an Investment Framework Agreement with AES Colombia & CIA SCA E.S.P. (AES Colombia) to build 49% of the Jemeiwaa Ka'I wind cluster located in La Guajira, subject to the fulfillment of condition precedents and other legal requirements.
Jemeiwaa Ka'I comprises a portfolio of wind projects located in the upper and middle Guajira, in the municipality of Uribia, with an approximate capacity of 1,087 MW, along with a 35 km transmission line.
Die hier zur Verfügung gestellten Informationen unterliegen keiner redaktionellen Bearbeitung. Die Aufbereitung erfolgt vollautomatisch und wird durch Zusatzinformationen und weiterführende Recherchemöglichkeiten angereichert. Ziel der Inhalte ist die schnelle und unkomplizierte Versorgung der Informationssuchenden mit den für sie relevanten Informationen. Durch eine Rückverlinkung auf den Informationsanbieter und -eigentümer ist sichergestellt, dass die hier aufbereiteten Daten bei Bedarf mit den Quellinformationen abgeglichen werden können. Das Newsboard zeigt keine Informationen in Echtzeit. Diese bitten wir bei Bedarf beim Börsenbetreiber abzurufen. Es besteht kein Anspruch auf Vollständigkeit. Hochverfügbarkeit kann nicht gewährleistet werden. Sollten Sie Fehler in der Funktionsweise bemerken, teilen Sie uns diese über das weiter unten befindliche Formular "Report a Bug" mit.
RAW DATA PROCESSING bedeutet, dass Rohdaten verarbeitet werden, ohne den Inhalt zu verändern. Um die Interpretation der Information im Sinne der Nutzbarkeit zu verbessern, werden die Daten ergänzt.
Hinweis: Über das Newswire-Crosslink-Panel im oberen Bereich gelangen Sie schnell und bequem zu weiteren Informationsquellen. Im Terminalview sind die Nachrichten auf Unternehmensebene gefiltert und ermöglich darüber gezielte Recherchen.
Wir bedanken uns im Namen der Trading-Community bei den Betreibern der Handelsplätze für die Bereitstellung von Informationsdiensten.