The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE1, 2.2 times compared to 2023Proven reserves amounted to 1,893 MBOE. The 2024 total production was replaced with an additional 4%.89% of the reserves were originated from fields in Colombia and the remaining 11% in the United States.BOGOTA, Colombia, Feb. 20, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announced today its proven reserves of oil, condensates, and natural gas (1P reserves), which includes the results of Ecopetrol S.A., its subsidiaries and affiliates, as of December 31, 2024.

BOGOTA, Colombia, Feb. 18, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that after market close on Tuesday, March 4, 2025, it plans to release its financial and operating results for the fourth quarter and full year of 2024. On Wednesday, March 5, 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: Conference Call 09:00 a.m. Col Time 09:00 a.m. NY Time To access the webcast, participants can u

BOGOTA, Colombia, Feb. 5, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that on February 5, 2025, it successfully completed the transaction with Repsol Colombia Oil & Gas Limited ("Repsol")  to acquire the remaining 45% of its participation in the CPO-09 Block, for an amount of 452 million USD, making it the holder of 100% of the participation interest in the block, a strategic asset in the Piedemonte Llanero This transaction is the result of the exercise of the right of first refusal by Ecopetrol, within the framework of the Joint Operation Agreement (JOA).

BOGOTA, Colombia, Feb. 3, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that Ecopetrol Permian LLC ("Ecopetrol Permian") and Occidental Petroleum Corp ("OXY"), have reached an agreement to extend the development plan of Rodeo Midland Basin LLC, located in the Permian Basin (Texas, USA), under the joint-venture established in July 2019. This agreement, reached by the companies, includes a drilling plan for 34 wells between April 2025 and June 2026, in addition to those being executed under the current development plan for the first months of 2025. The agreement maintains the possibility of signing a new extension of the Development Plan in the future, subject to th

BOGOTA, Colombia, Feb. 1, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that, in line with the 2040 strategy named "Energy that Transforms," which seeks the Company's positioning as a leader in energy diversification in the region and as part of its transformation process to have a more agile and efficient organization, the Board of Directors approved adjustments to its organizational structure on January 31, 2025. The changes were made to strengthen the management of its business lines, maintain competitive returns and segregate activities related to management from those related to execution. The changes are as follows:

BOGOTÁ, Colombia , Jan. 30, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC), submitted today the Report on the Implementation of Best Corporate Practices – "Código País" - to the Financial Superintendency of Colombia. The report describes the corporate governance practices adopted and implemented by the company between January 1, 2024 and December 31, 2024. The Código Pais Survey was digitally signed by the Legal Representative. For more information, please consult the report at the following link: https://www.ecopetrol.com.co/wps/portal/Home/es/ResponsabilidadE

BOGOTA, Colombia, Jan. 16, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that, Refinería de Cartagena S.A.S. ("Reficar") was notified of the decision issued by the Court of the Southern District of New York, by which: It denies the request presented by Chicago Bridge & Iron Company N.V., CB&I UK Limited to vacate the arbitration award dated June 2, 2023, reported herein on June 7, 2023, in relation to the EPC Contract (Engineering, Procurement, and Construction Contract) executed between Reficar and CB&I for the expansion and modernization of the refin

BOGOTA, Colombia, Jan. 16, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company", and Ecopetrol and its subsidiaries, the "Ecopetrol Group") informs that the following changes will be made in its senior management: Walter Fabián Canova, who has been serving as Vice President of Refining and Industrial Processes, will perform his duties until January 15, 2025 and will terminate his employment contract by mutual agreement, after working at the Company for more than seven years.   Felipe Trujillo López, current Vice President of Commercial a

BOGOTA, Colombia, Jan. 15, 2025 /PRNewswire/ -- Ecopetrol informs that it reached an agreement with JPMorgan Chase Bank N.A., the depositary bank of its American Depositary Receipts (ADR) program, to reduce 50% of the conversion cost for the purchase and sale of ADRs in the United States. The measure is temporary and is expected to be effective until July 10, 2025. Ecopetrol trusts that this measure will benefit its investors. For more information, please go to the following link  ----------------------------------------- Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is

BOGOTA, Colombia, Dec. 31, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) (the "Company") confirms that on December 29th, an agreement was reached with Repsol regarding the purchase of the interest held by Repsol in the Exploration and Production Contract (E&P Contract) for Block CPO-09. The final closing of the acquisition has not yet occurred, as some of the conditions for closing are pending to be fulfilled, including the approval by the Superintendence of Industry and Commerce and the authorization by the National Hydrocarbons Agency (ANH) within their respective competencies. Ecopetrol plans to provide additional information regarding the closing of the transaction in d

BOGOTA, Colombia , Dec. 16, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) (the "Company") announces that Germán González Reyes, who has been serving as Secretary General since September 29, 2023 (as announced on that date) and Acting Director of Institutional Relations and Communications since June 28, 2024 (as announced on that date), will perform his duties until January 17, 2025. Ecopetrol thanks Germán González for his seven years of service, his valuable management, and the contributions made to Ecopetrol, and wishes him much success in his new professional endeavors.

BOGOTA, Colombia, Sept. 3, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") announces that the Board of Directors made the following appointments on August 30, 2024: David Alfredo Riaño Alarcón, Executive Vice President of Energy Transition, as legal and alternate commercial representative.Camilo Barco Muñoz, Corporate Vice President of Finance and Sustainable Value, as alternate legal and commercial representative.Cristina Toro Restrepo, Corporate Legal Vice President, as alternate legal and commercial representative.Ecopetrol also

BOGOTA, Colombia, June 28, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") informs that the Board of Directors, in its meeting held on June 28, 2024 adopted the following decisions: As part of the implementation of the new organizational structure, approved and reported on June 6, 2024, the following appointments were made: Sandra Lucía Rodríguez, who currently serves as Vice President of Sustainable Territorial Development, will be in charge of the Corporate Vice Presidency of Territorial Transformation and Health Safety and the Environment.Jaime Pineda, who currently serves as Vice President of Procurement and Services, will be in charge of th

BOGOTA, Colombia, June 5, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) reports that on May 29, 2024, the second-call ordinary meetings for the bondholders of local bond issuances made in 2010 and 2013 were held. These meetings were previously convened by the representatives of the bondholders, Alianza Valores Fiduciaria S.A. and Itaú Fiduciaria Colombia S.A. (the "Representatives"), through a widely circulated newspaper on May 21, 2024. The Representatives conducted the second call for bondholders' meetings with the purpose of submitting for consideration the statutory amendment approved by Ecopetrol's Ordinary General Shareholders' Meeting on March 22, 2024, in accordance

BOGOTÁ, Colombia, May 21, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that, as reported yesterday, May 20, 2024, the quorum required to hold the ordinary meeting of holders of Ecopetrol's bonds issued in 2010 and 2013 were not met. Such meetings had previously been called by Alianza Valores Fiduciaria S.A. and Itaú Fiduciaria Colombia S.A., as representatives of holders of the 2010 and 2013 bonds, respectively (the "Representatives"). For the above reason, the Representatives have made a second call to the aforementioned bondholder assemblies, to submit for their consideration the statutory reform approved by the Ordinary General Assembly of Ecopetrol Shareholders

BOGOTA, Colombia, May 10, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that, in light of the statutory reform approved by its Shareholders' during their ordinary meeting held on March 22, 2024, its local bondholders are summoned to consider said reform, in compliance with Colombian regulations applicable to securities issuers, particularly Article 6.4.1.1.42 of Decree 2555 of 2010. For this purpose, Itaú Fiduciaria Colombia S.A. and Alianza Valores Fiduciaria S.A., entities acting as representatives of the holders of the local bonds issued by Ecopetro

BOGOTA, Colombia, April 26, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that the Board of Directors, at its meeting held on April 26, 2024, made the following appointments in property: 1. Felipe Trujillo López as Vice President Commercial and Marketing, effective as of this date. Dr. Trujillo has been in charge of this Vice-Presidency since January 20, 2024. He is an Industrial Engineer from Universidad Javeriana, specialist in Strategic Marketing from CESA and Master in Business Administration from Universidad de los Andes. He has 25 years of expe

BOGOTA, Colombia, March 25, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that during the ordinary General Shareholders' Meeting held on March 22, 2024, after giving notice to its shareholders and complying with the legal requirements to carry out the session, the shareholders cast their votes on each of the items on the agenda as follows:   Matter Submitted for Consideration of the Shareholders' Meeting Voting for the first proposal to approve the agenda included in the call Voting for the second proposal to remove item 16 (Election of members of the Board of Directors for the remainder of the 2021-2025 period) and item 17 (Presentation and approval of statutory re

BOGOTA, Colombia, Feb. 15, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial Superintendence of Colombia (E.C. 029 of 2014), the Board of Directors of Ecopetrol approved the implementation of the measures described below which are aimed at guaranteeing the adequate representation of shareholders at the Ordinary General Shareholder's Meeting to be held on March 22, 2024. The Board instructed the Company's management to: Inform shareholders of their right to be represented through the appointment of a proxy and indicate the l

BOGOTA, Colombia, Feb. 15, 2024 /PRNewswire/ -- The Chief Executive Officer of Ecopetrol S.A. hereby summons all Shareholders to the ordinary Assembly of the General Shareholders Meeting to be held on Friday, March 22, 2024, starting at 2:00 p.m., at the Centro Internacional de Negocios y Exposiciones (Corferias), located on Carrera 37 No. 24 - 67 in Bogota, D.C. The agenda for the meeting will be the following: 1. Safety guidelines 10. Presentation and consideration of the individual and consolidated audited financial statements as of December 31, 2023 2. Quorum  verification