Ecopetrol S.A. reports developments tied to its role as a Colombian integrated energy company operating across exploration and production, transport and logistics, refining and petrochemicals, and hydrocarbon marketing. News also covers its electric power transmission exposure through ISA, related real-time systems, road concessions, and international exploration interests in the United States, Brazil, and Mexico.
Recurring updates include earnings releases, Form 20-F reporting, credit-rating actions, debt management, Fuel Price Stabilization Fund (FEPC) payments, governance decisions, and material agreements. Because the Government of Colombia is the controlling shareholder, company announcements often connect operating performance, liquidity, ratings, and public-sector energy policy considerations.
Ecopetrol (NYSE: EC) announced that Fitch Ratings affirmed its global credit rating at BB with a Stable Outlook.
Fitch also maintained the company's standalone credit profile, an assessment of its creditworthiness on its own, at bbb-, within investment grade. National long-term and short-term ratings were affirmed at AAA(col), with a Stable Outlook, and F1+(col), respectively. Fitch highlighted Ecopetrol's cash position, access to capital markets and debt maturity structure as liquidity strengths. The agency estimates that Ecopetrol will not face challenges refinancing debt obligations maturing in 2027.
Ecopetrol (EC) appointed José Eduardo Barreneche Ávila as Corporate Compliance Officer, effective no later than October 20, 2026. The board-approved appointment is part of what the company describes as its strategy to strengthen senior management.
Barreneche is an attorney with more than 20 years of experience in corporate, commercial, labor and business law, as well as regulatory compliance. He previously served as Legal Representative and General Counsel at Daabon Group and has experience designing and implementing corporate transparency and integrity programs.
Former compliance officer Rodolfo Mario García remained employed through October 13, 2026, under a mutually agreed termination. Alternate Compliance Officer Julio Ricardo Corredor Calderón has served in an acting capacity since October 14 and will continue until Barreneche formally assumes the role.
Ecopetrol (EC) named Silvia Restrepo García Reyes acting head of legal affairs and general secretary, effective October 1, 2026.
Restrepo García Reyes, currently Corporate and Shareholder Affairs Manager, succeeds Cristina Toro Restrepo as Corporate Vice President of Legal Affairs and General Secretary. Toro Restrepo’s employment ended on September 30, 2026, by company decision. Ecopetrol will disclose the appointment of a permanent replacement once that appointment has been made.
Ecopetrol (NYSE: EC) approved three senior management appointments, with all three executives joining effective no later than October 6, 2026.
The board approved the appointments at its September 30, 2026 meeting. Mónica Jiménez González will become Corporate Vice President of Legal Affairs and General Secretary. She previously served as Ecopetrol's Corporate Vice President of Corporate Affairs and General Secretary from 2016 to 2022. Mauricio Gutiérrez will become Corporate Vice President of Strategy and New Business. Camilo Rojas will become Corporate Vice President of Administration and Services, leading procurement and supply chain processes.
Ecopetrol said the appointments support its transformation agenda and are intended to strengthen capabilities for its next phase of development.
Ecopetrol (NYSE: EC) received payment of the Fuel Price Stabilization Fund receivable for the third and fourth quarters of 2025.
The Colombian government recognized and ordered payment of COP $683.99 billion to Ecopetrol and Refinería de Cartagena (Reficar). Ecopetrol was allocated COP $573.108 billion, while Reficar was allocated COP $110.882 billion. Payment was made through the issuance of Treasury Bonds, rather than cash, under Ministry of Finance and Public Credit Resolution No. 2225, dated September 30, 2026. The payment followed coordination with Colombia’s finance and mines and energy ministries.
Ecopetrol (EC) appointed Joaquín Gutiérrez Caballero as permanent chief executive officer, effective September 28, 2026. The board voted unanimously on September 24 and also named him the company's principal legal representative. Camilo Barco's interim appointment as chief executive ends September 27.
The appointment followed a selection process conducted by the board's Compensation, Nomination and Culture Committee under Ecopetrol's succession policy. Gutiérrez Caballero has more than 30 years of professional experience. He holds a business administration degree and postgraduate specializations in telecommunications project management, telecommunications law and healthcare services management. The company identified management renewal and engagement with the Colombian state, communities, investors and employees among his priorities.
Ecopetrol (EC) reports resolutions from its Extraordinary General Shareholders' Meeting held on September 15, 2026 in Bogotá.
Shareholders approved an amendment to Article 20 of the bylaws on the composition, renewal, and election of the Board of Directors, with 99.66596634% of votes in favor, as proposed by the Nation of Colombia through the Ministry of Finance and Public Credit. They also instructed the Board to align the Board Succession Policy and other corporate governance instruments with the amended Article 20 and determined that any conflicting internal provisions, including minimum-incumbent requirements, will not apply until such alignment is completed.
Using the electoral quotient system, shareholders elected nine directors (six independent and three non‑independent) for the remainder of the 2025–2029 term and approved the agenda and meeting committees with over 99.99% support. A proposal to allow shareholders to expand the agenda for additional items was rejected, with 95.83990827% voting against.
Ecopetrol (EC) announced senior management changes effective September 15, 2026. Juan Carlos Hurtado Parra, formerly Executive Vice President of Hydrocarbons and more recently Acting Chief Executive Officer, will remain with the company through that date, when a mutually agreed retirement plan approved in July 2026 becomes effective.
The Board of Directors appointed Alfonso Camilo Barco Muñoz as Acting Chief Executive Officer, effective September 15, 2026. He is currently Corporate Vice President of Finance and Sustainable Value and an alternate legal representative, with over 35 years of senior executive experience in public and private sectors, particularly in energy, oil and gas, infrastructure, and financial services.
Ecopetrol (EC) reports that board member Mr. Hildebrando Vélez Galeano has submitted his resignation, effective September 15, 2026.
The company highlights his leadership on environmental matters and efforts to strengthen relations with local communities and regions, and extends best wishes for his future endeavors. Under Ecopetrol's by‑laws, the Board of Directors will continue to deliberate and adopt decisions validly with its remaining members. The release also reiterates Ecopetrol's role as Colombia's largest company and a major integrated energy player in the Americas.
Ecopetrol (NYSE: EC) reported senior management changes approved by its Board on August 31, 2026. Mr. Sergio Andrés Moreno Acevedo will leave the role of Corporate Vice President of Science, Technology and Innovation at the close of business on August 31, 2026, and Ms. Diana Marcela Acero Rojas will become Acting Corporate Vice President effective September 1, 2026. The Board also appointed Mr. Henryk Manuel Porras Villamil as Acting Executive Vice President of Energy Transition effective August 31, 2026, succeeding Mr. Ernesto Alfonso Gómez Cabarcas, who will take statutory leave before pursuing new opportunities. Ecopetrol indicated it will later disclose permanent appointments to these positions in line with applicable requirements.