The latest Edition of the Carta Petrolera magazine includes Ecopetrol's 2008 investment plans, as well as all the details of the IPO process developed last year. See the whole spanish edition of the Ecopetrol's official magazine.

Ecopetrol S.A through its subsidiary in USA, Ecopetrol America Inc, has signed a participation agreement with Shell Offshore Inc, for two blocks in the deep water Gulf of Mexico, one of the largest provinces in the world for oil and gas offshore exploration.

The Colombian President, Alvaro Uribe Vélez, signed the Law 1118 of december 27, 2006 (available only in spanish) that modifies Ecopetrol's juridical nature and allows capitalization of the company up to 20 % of its stock property. The capitalization  is one of the main goals of the company for 2007 to increase the investments, to fulfill its strategic plan in the next five years and to remain competitive in the hydrocarbons' world industry.  

Ecopetrol, together with Petrobras, was assigned an exploratory block out of the eighth bidding round for exploration and production blocks organized by Brazil's National Petroleum Agency. It's the first step in the company's process to become international.

The content in this version of the Ecopetrol´s Web Site is a non-binding english translation. The company shall not be held liable for any inconsistency as contained herein resulting from an inappropiate translation. For all the purposes the spanish version of this site shall prevail.