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 governance measures for the Extraordinary Shareholders' Meeting scheduled for September 15, 2026, in line with Colombian financial regulation (Legal Basic Circular C.E. 006 of 2025). The company will inform shareholders of their right to be represented by proxy and clarify the legal requirements for powers of attorney.
Ecopetrol will require that all proxies clearly name the representative and meet minimum legal standards, and will instruct staff not to suggest proxies, voting options, or proposals. Powers of attorney may not be granted to individuals directly or indirectly linked to Ecopetrol’s management or employees, and employees may only represent their own shares when acting in an official capacity, unless legally representing others. The Corporate Legal Vice Presidency and General Secretariat are designated to review and verify proxies.
Ecopetrol (NYSE:EC) has called an extraordinary General Shareholders' Meeting for September 15, 2026, at 11:00 a.m., at its main building in Bogotá, Colombia. The agenda includes amendment of Article 20 of the bylaws on the Board of Directors’ composition, renewal and election, potential alignment of internal governance and succession policies with that amendment, and possible waiver of certain information and review requirements related to nominees. The meeting will also address the comprehensive election of nine Board members for the remainder of the 2025–2029 term. The meeting is in person, with live streaming and electronic voting, and detailed proxy and participation rules are provided for shareholders.
Ecopetrol (NYSE: EC) reported that its Board of Directors approved several senior management changes effective at the end of August 2026. The current holders of five corporate vice president or director roles will perform their duties through August 30, 2026, after which internal executives will assume these positions in an acting capacity from August 31, 2026.
According to Ecopetrol, acting appointments include new leaders for Territorial Transformation and HSE, Administration and Services, Institutional Relations and Communications, Strategy and New Business, and Refining and Industrial Processes. The company plans to announce permanent appointments in due course and expressed gratitude to the outgoing executives for their service.
Ecopetrol (NYSE: EC) announced that first-call meetings of holders of ordinary domestic public debt bonds from its 2010 and 2013 issuances failed to reach the required quorum, prompting a second convening by the bondholders' legal representatives Alianza Valores Fiduciaria and Itaú Fiduciaria Colombia.
The second meetings will be held on September 4, 2026, in Bogotá, with both in-person and virtual attendance via Deceval’s platform, to consider the proposed merger by absorption between Ecopetrol (surviving company) and Parque Solar Portón del Sol (absorbed company), previously approved by Ecopetrol’s General Shareholders’ Meeting on March 27, 2026.
The outstanding 2010 CPI-linked bonds (Series A, COC04CBVP023) total COP 284,300 million, maturing in 2040 with a coupon of CPI + 4.90%. The 2013 CPI-linked bonds (COC04CBVP007) include tranches maturing in 2028 and 2043, with coupons of CPI + 4.90% and CPI + 5.15% and outstanding amounts of COP 347,500 million and COP 262,950 million, respectively.
Ecopetrol (NYSE: EC) reported the results of first-call meetings held on August 18, 2026, for holders of its domestic public debt bonds issued in 2010 and 2013. The meetings were convened by the bondholders' representatives Alianza Valores Fiduciaria and Itaú Fiduciaria Colombia.
According to Ecopetrol, no quorum was verified for the 2010 issuance, while the 2013 issuance reached a quorum representing 15.33% of its outstanding principal. As Colombian regulations require at least 80% of outstanding principal plus a numerical majority to approve a merger proposal at first call, second-call meetings will be convened and announced in a national newspaper.
Ecopetrol (NYSE: EC), through its subsidiary Ecopetrol Investimentos do Brasil, has completed the acquisition of a controlling interest of approximately 51% of Brava Energia’s voting share capital in Brazil after all regulatory approvals and conditions were satisfied.
The stake was built via a voluntary tender offer on B3 for 116,110,717 shares (≈25%) and a share purchase agreement dated April 23, 2026 for 120,813,490 shares (≈26%). According to Ecopetrol, aggregate consideration was about US$1.2 billion, funded through an intercompany loan from Ecopetrol Capital AG.
Brava adds an estimated 459 mmboe of proved reserves (1P), 605 mmboe of 2P reserves, and average output of 78.8 kboed for the six months ended June 30, 2026 (June: 84.4 kboed). For the twelve months ended June 30, 2026, Brava reported unaudited revenue of US$2.341 billion, EBITDA of US$1.050 billion, and net income of US$122.2 million. Ecopetrol plans a conference call on August 25, 2026 to discuss the Transaction.
Ecopetrol (NYSE: EC) announced the convening of General Bondholders' Meetings for its outstanding domestic public debt bonds related to the merger by absorption of Parque Solar Portón del Sol into Ecopetrol, approved on March 27, 2026. The meetings are called by the bondholders' legal representatives in accordance with Colombian securities regulations.
For the 2010 CPI-linked issuance (Series A, code COC04CBVP023), with a 30‑year term maturing December 1, 2040, coupon CPI + 4.90% and an outstanding amount of COP 284,300 million, Alianza Valores Fiduciaria set the meeting for August 18, 2026 at 2:00 p.m. (Bogotá time), in person in Bogotá or virtually via Deceval's platform. For the 2013 CPI-linked issuance (code COC04CBVP007), with tranches maturing August 27, 2028 (15 years, CPI + 4.90%, COP 347,500 million) and August 27, 2043 (30 years, CPI + 5.15%, COP 262,950 million), Itaú Fiduciaria set a meeting on August 18, 2026 at 3:30 p.m., also in hybrid format. Agendas include Ecopetrol's report on the merger, opinions from the bondholders' representatives and Fitch Ratings Colombia, and a vote by bondholders on the proposed merger.
Ecopetrol (NYSE: EC) announced that its Brazilian subsidiary, Ecopetrol Investimentos do Brasil, successfully completed on August 5, 2026 the auction for a voluntary tender offer on the B3 exchange to acquire 116,110,717 Brava Energia (BRAV3) common shares, about 25% of Brava’s capital, at R$23.00 per share.
According to Ecopetrol, all regulatory requirements and conditions precedent for the offer were satisfied, and strong demand aligned with the initial terms. The company expects on August 17, 2026 to settle and pay for these shares and to consummate a separate April 23, 2026 share purchase agreement covering around 26% of Brava. Following these steps, Ecopetrol Brasil is expected to hold a controlling interest of approximately 51% of Brava’s voting share capital. The transaction will initially be financed via a short-term New York law-governed bridge facility, arranged by Ecopetrol Capital AG, with plans to later refinance through long-term debt and equity contributions.
Ecopetrol (NYSE: EC) reported that its Brazilian subsidiary, Ecopetrol Investimentos do Brasil LTDA, has resumed on the B3 exchange the voluntary tender offer (OPAV) for shares of Brava Energia S.A. (B3: BRAV3), after filing a revised offer document that incorporates recommendations from the Brazilian securities regulator CVM (Official Letter No. 160/2026/CVM/SRE/GER-1).
According to Ecopetrol, the OPAV covers 116,110,717 common shares of Brava Energia, representing about 25% of its share capital, and is expected to remain open until August 5, 2026, the anticipated auction date. The transaction remains subject to applicable regulatory requirements and specific conditions precedent, all detailed in the offer document on B3. Ecopetrol expects to disclose OPAV results and any other material developments related to the planned acquisition of a controlling equity stake in Brava Energia.
Ecopetrol (NYSE: EC) reported on July 20, 2026 that updated analyses of its recently disclosed cybersecurity incident indicate the impact was limited to the downloading of files. According to Ecopetrol, no compromise to information integrity has been identified, despite attempts by an external threat actor to destroy, delete, or encrypt data.
The company stated that identities and access credentials of users linked to the 3,300 unlawfully infiltrated accounts were not compromised, and no compromise has been detected in transactional technology solutions of Ecopetrol, its subsidiaries, or its commercial and financial partners, suppliers, and customers. Containment efforts are in an advanced phase, focused on classifying downloaded information, managing extortion demands and threats reported to authorities, and collaborating with national cybersecurity and law enforcement agencies. Ecopetrol affirmed that operational activities of the company and its business group continue without interruption while monitoring and response actions remain ongoing.