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Press releases

Nov 8, 2023

2023

November
November 30 Ecopetrol Group will invest between 23 and 27 trillion pesos in 2024 November 22 Ecopetrol announces new Senior Management appointments. Ecopetrol refers to the information published by the media regarding the public statement released by the company on November 21, 2023. November 17 Fitch Ratings maintains Ecopetrol S.A.'s rating at BB+, with a stable outlook November 8 Ecopetrol refers to the information disclosed today, November 8, 2023, by a news website about a General Shareholders' Meeting of Ecopetrol S.A.
October
October 25 Ecopetrol announces the dates for the publication of its third quarter 2023 earnings report and conference call October 19 Drilling of deepwater Glaucus-1 well confirms extension of gas province in the Colombian Caribbean Ecopetrol reports appointments in senior management and legal representation October 13 Ecopetrol reports that Luis Felipe Rivera has been appointed as Vice President of Science, Technology, and Innovation October 9 Ecopetrol Group presents its third specialized report on climate change management following the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD
September
September 22 Moody's Investors Service affirmed Ecopetrol S.A.'s investment grade rating at Baa3 September 11 Ecopetrol announces adjustments to its 2040 Strategy, called “Energy that transforms” Ecopetrol issues statement regarding the restructuring of McDermott International, counterparty to Refinería de Cartagena S.A.S. in arbitration proceeding September 6 Ecopetrol announces the date of the next Investor Day
August
August 28 Ecopetrol S.A. obtains authorization to execute loan with international banks for up to USD 1 billion. August 24 Ecopetrol reports senior management changes August 17 Ecopetrol announces senior management changes August 8 Ecopetrol S.A. prepays its 10-year Notes due September 2023 August 1 Ecopetrol announces the dates for the publication of its second quarter 2023 earnings report and conference call
July
July 28 The Board of Directors of Ecopetrol S.A. announces on the execution of operation to sanction the theft and smuggling of hydrocarbons July 7 Ecopetrol S.A. announces prepayment of its Notes maturing in September 2023.
June
June 30 Ecopetrol appointed Germán González Reyes as Vice President of Corporate Affairs and Secretary General in charge of Ecopetrol S.A. June 28 Ecopetrol successfully issues USD 1.5 billion in bonds in the international market as part of its refinancing strategy and financing of the investment plan 2023 June 16 Ecopetrol informs resignation of Vice-President of Corporate Affairs and General Secretary Ecopetrol requests disbursement of financing line with local bank as part of its 2023 refinancing strategy June 7 Ecopetrol informs about an arbitration decision issued in favor of Reficar S.A.S.

May
May 25 Ecopetrol reached an agreement with Labor Unions for a new Collective Bargaining Agreement May 11 Ecopetrol S.A. obtains approval for a credit loan with international banks for up to US$ 400 million May 3 Ecopetrol announces the dates of the publication of its first
April
April 17 Decisions of Ecopetrol S.A.’s Board of Directors Board of Directors of Ecopetrol S.A. appoints new Chairman of Ecopetrol

March
March 30 Ecopetrol reports on the decisions adopted at the Shareholders' Meeting on March 30, 2023 Ecopetrol comments on information published in the media March 29 Form 20F March 24 Ecopetrol appointed Alberto Consuegra Granger as interim CEO of Ecopetrol Ecopetrol comments on information published in the media Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders' Meeting to be held on March 30, 2023. General Shareholders’ Meeting of Ecopetrol S.A. March 17 Ecopetrol obtains authorization to borrow one trillion pesos from a local bank Ecopetrol announces the creation of a new affiliated company focused on technology and innovation

February
February 28 Ecopetrol’s 2022 Earnings Distribution Proposal February 27 The Ecopetrol Group announces Proved (1P), Probable (P2), Possible (P3) Reserves and Contingent Resources Medidas: Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders' Meeting to be held on March 30, 2023. February 21 Ecopetrol announces the dates of the publication of its fourth quarter and full year 2022 earnings report and conference calls February 17 Ecopetrol dispels local news media reports regarding the resignation of a member of the Board of Directors February 14 Ecopetrol announces final results and final settlement of its previously announced tender offer for its 5.875% notes due 2023 for up to $1,000,000,000 aggregate principal amount
January
January 31 - 2023 Ecopetrol announces early results of tender offer for its 5.875% notes due 2023 for up to $1,000,000,000 aggregate principal amount January 27 - 2023 Felipe Bayón will act as Ecopetrol’s Chief Executive Officer until March 31, 2023 January 17 - 2023 Ecopetrol launches tender offer for its 5.875% notes due 2023 up to $1,000,000,000 aggregate principal amount January 10 - 2023 Ecopetrol successfully issues USD 2 billion in bonds in the international market as part of its refinancing strategy and financing of the investment plan 2023

2022

December
December 22 - 2022 Ecopetrol files a petition on the Collective Bargaining Agreement December 22 - 2022 Superintendence of Colombia to extend the term of its Program for the Issuance and Placement of Domestic Bonds and Commercial Paper December 20 - 2022 Ecopetrol contracts a USD 1 billion loan with International Banks as part of its 2023 refinancing strategy December 9 - 2022 The Ecopetrol Group will invest between COP 25.3 trillion and COP 29.8 trillion in 2023 to accelerate the energy transition path and the energy security
November
November 18 - 2022 Fitch Ratings maintains Ecopetrol S.A.'s rating at BB+, with a stable outlook November 16 - 2022 Ecopetrol announces the creation of Ecopetrol US Trading LLC, a new subsidiary that will join its Business Group November 1 - 2022 Ecopetrol announces the publication date of its third-quarter earnings report and conference calls
October
October 28 - 2022 Decisions of Ecopetrol S.A.’s Board of Directors October 24 - 2022 Ecopetrol's Board of Directors Appointment October 7 - 2022 2022 Second Extraordinary General Shareholders' Meeting Summons Notice Measures to guarantee the adequate representation of its Shareholders at the extraordinary General Shareholders’ Meeting to be held on October 24, 2022 Nomination Record of Candidate for the Board of Directors of Minority Shareholders Nomination of Candidate to the Board of Directors of Hydrocarbon Producing Departments.
September
September 29 - 2022 Disbursement of a USD 1.2 billion credit facility for the early prepayment of the loan entered into for the acquisition of ISA September 23 - 2022 Ecopetrol Group presents its second specialized TCFD report
July
July 27 - 2022 Ecopetrol announces the dates of the publication of its second quarter earnings report and conference calls July 1 - 2022 S&P Global Ratings confirms Ecopetrol S.A.'s BB+ rating, with a stable outlook
June
June 17 - 2022 Partial Distribution of occasional reserve and modification of the dividend payment schedule for the majority shareholder June 10 - 2022 Establishment of the Business Committee of the Board of Directors of Ecopetrol S.A. June 7 - 2022 Resignation of Ecopetrol's Board Member
May
May 4 - 2022 Ecopetrol informs about a sanction imposed by ANLA in connection with the construction phase of Poliducto Andino May 3 -2022 Ecopetrol announces the dates of the publication of its first quarter earnings report and conference calls May 2 - 2022 Ecopetrol initiates divestment process of equity share in Inversiones de Gases de Colombia S.A.
April
April 29 - 2022 Ecopetrol informs sanction imposed by the ANH April 26 - 2022 Ecopetrol files its Form 20-F for the Fiscal Year 2021
March
March 30 - 2022 Profit Distribution for Fiscal Year 2021 General Shareholders' Meeting Approves Amendment to Bylaws March 17 - 2022 Ecopetrol rectifies false information published on a third-party website March 1 - 2022 Ecopetrol´s 2021 Earnings Distribution Proposal
February
February 24 - 2022 Summon to the ordinary Assembly of the General Shareholders’ Meeting Measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders’ Meeting Bylaws ammendment February 22 - 2022 Ecopetrol announces the dates of the publication of its fourth quarter and full year 2021 earnings report and conference calls February 8 - 2022 The Ecopetrol Group launches its 2040 Strategy “Energy that Transforms” and reveals the operational and financial targets of its 2022 - 2024 Business Plan February 7 - 2022 The Ecopetrol Group achieved a Reserve-Replacement Ratio of 200% in 2021, the highest in the last 12 years

2021

December
December 24 - 2021 The Ecopetrol Group expects to invest between USD 4.8 and USD 5.8 billion in 2022 December 9 - 2021 The Ecopetrol Group expects to invest between USD 4.8 and USD 5.8 billion in 2022
November
November 24 - 2021 Fitch Ratings maintained rating of Ecopetrol S.A. at BB+, with a stable outlook
November 03 - 2021 Ecopetrol announces the dates of the publication of its third quarter 2021 earnings report and conference calls
October
October 28 - 2021 Ecopetrol successfully completes its first liability management operation for US$2 billion, through the issuance of bonds in the international capital markets
October 27 - 2021 Ecopetrol reports of the appointment of the new Corporate Vice President of Strategy and New Businesses of Ecopetrol S.A.
October 15 - 2021 The Superintendency of Finance authorizesEcopetrol S.A.’s a public offering within the Program for the Issuance and Placement of Common Stock in Colombia
October 07 - 2021 Ecopetrol informs about sanction imposed by the Superintendence Domiciliary Public Services
September
September 27 - 2021 Ecopetrol signs contracts for the supply of diesel and regular motor gasoline with Primax Colombia S.A. and Organización Terpel S.A.
September 14 - 2021 Ecopetrol informs of the sanction imposed by ANLA
September 01 - 2021 Moody’s maintained the rating of Ecopetrol S.A. and changed its outlook
August
August 30 - 2021 Ecopetrol’s Board of Directors approved framework for the Potential Issuance and Placement of Common Stock
August 20 - 2021 Ecopetrol informs of the closing of the transaction with the Colombian Ministry of Finance and Public Credit through which Ecopetrol acquired a 51.4% stake of ISA
August 18 - 2021 S&P Global Ratings maintains the rating of Ecopetrol S.A. in BB +, with a stable outlook
August 17 - 2021 Ecopetrol obtains authorization to sign an external credit loan with international banks for up to US$4,000 million to finance the acquisition of ISA
August 12 - 2021 Ecopetrol informs that it signed an Inter-administrative share purchase agreement with the Colombian Ministry of Finance and Public Credit through which it acquires a 51.4% stake in ISA
August 04 - 2021 The Ecopetrol Group presents its first Stand-Alone report following the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations
August 02 - 2021 The Administrative Court of Santander revoked the fine imposed by the Ministry of Labor on Ecopetrol August 02 - 2021 Ecopetrol submits a binding offer to acquire the Ministry of Finance and Public Credit´s controlling stake in ISA
July
July 30 - 2021 Ecopetrol S.A. obtains approval for a contingent line of credit for up to US$ 1,200 million
July 29 - 2021 Ecopetrol opposes to the preliminary injunctive relief requested in a public action (“Acción Popular”) filed against the sale of ISA July 29 - 2021 Ecopetrol announces the dates of the publication of its second quarter 2021 earnings report and conference calls July 12 - 2021 Ecopetrol reports on the recovery of its operations after the stabilization of the public order situation in Colombia July 07- 2021 Fitch Ratings downgrades Ecopetrol S.A. following the same rating action on Colombia’s sovereign rating July 01 - 2021 Ecopetrol reports the incorporation of two new subsidiaries that will be part of the Ecopetrol Group
June
June 30 - 2021 Ecopetrol S.A. receives authorization from the Colombian Ministry of Finance and Public Credit to structure the issuance and placement of bonds in the international capital markets June 24 - 2021 Ecopetrol reports the extension of the exclusivity period in connection with the potential acquisition of 51.4% stake in Interconexión Eléctrica S.A. – ISA and gives an update on the financing sources
May
May 26 - 2021 Ecopetrol reports adverse consequences on its operations due to the current public order situation in Colombia May 24 - 2021 Ecopetrol modifies the information it published earlier today regarding S&P Global Ratings’ downgrade of Ecopetrol S.A.’s rating, following the same rating action taken in respect of the Republic of Colombia May 21 - 2021 S&P Global Ratings downgrades Ecopetrol S.A. rating following the same rating action on Colombia’s sovereign rating May 11 - 2021 Ecopetrol announces new Vice-President of Exploration
April
April 28 - 2021 Ecopetrol announces the dates of the publication of its first quarter 2021 earnings report and conference calls April 26 - 2021 Appointment of Ecopetrol’s Board of Directors Committees April 9 - 2021 Ecopetrol publica la Forma 20-F para el año fiscal 2020 ante la Securities and Exchange Commission
March
March 26 - 2021 Decisions of the General Shareholders' Meeting March 25 - 2021 Establishment of a Special Committee. for ISA's valuation March 25 - 2021 Ecopetrol announces commitment and plan to achieve net zero carbon emissions by 2050 March 19 - 2021 Ecopetrol announces nomination of Hernando Ramírez Plazas to its Board of Directors March 3 - 2021 Ecopetrol publishes the text of the amendment to its bylaws that will be submitted for consideration at its General Shareholder’s Meeting
February
February 23 - 2021 Ecopetrol's 2020 Earnings Distribution Proposal February 23 - 2021 Minority shareholders nominate candidate to join the Board of Directors February 23 - 2021 Ecopetrol adopts measures to guarantee the adequate representation of the Shareholders at the 2021 Ordinary General Shareholder’s Meeting Februrary 23 - 2021 The Chief Executive Officer of Ecopetrol S.A. hereby summons all Shareholders to the Annual General Shareholders’ Meeting February 19 - 2021 Ecopetrol's proven reserves balance reaches 1,770 million barrels of oil equivalent at the end of 2020 February 16 - 2021 Ecopetrol announces the dates of the fourth quarter and full-year 2020 earnings report and its 2021-2023 Business Plan February 16 - 2021 Ecopetrol signs an exclusivity agreement with the Ministry of Finance and Public Credit February 9 - 2021 Ecopetrol Reports on the Environmental Agency ANLA’s Decision on Lisama 158 February 8 - 2021 Ecopetrol informs that the Ministry of Finance and Public Credit accepted the non-binding submitted on January 27 to acquire ISA stock
January
January 28 - 2021 Ecopetrol S.A. submitted the Report on the Implementation of Best Corporate Practices – Código País for FY2020 January 27 – 2021 Ecopetrol submits a non-binding offer to acquire 51.4% of ISA's outstanding shares January 19 – 2021 Ecopetrol reports on the sale of its stake in Offshore International Group January 14 – 2021 Changes to Ecopetrol S.A's Board of Directors

2020

December
December 24 – 2020 Ecopetrol informs of the consummation of the previously reported transaction with Shell to develop the gas province of the Colombian Caribbean December 21 – 2020 Ecopetrol reports on the liquidation of one of its foreign subsidiaries December 14 – 2020 Ecopetrol expects to invest between US$3.5 and US$4 billion in 2021 December 4 – 2020 Moody's affirms Ecopetrol S.A.’s investment grade rating and stable outlook December 1 – 2020 Fitch Ratings affirms Ecopetrol S.A.’s investment grade
November
November 17 – 2020 Ecopetrol S.A. announces agreement between its subsidiaries Cenit and Bicentenario and Frontera
October
October 19 – 2020 Ecopetrol Business Group Announces Third Quarter 2020 Results
September
September 23 – 2020 Ecopetrol launches its Ronda Campos 2020 September 14 – 2020 Ecopetrol S.A. announces the prepayment of its local and international short-term financing contracts
August
August 4 – 2020 Ecopetrol Business Group Announces Second Quarter 2020 Results and the update of its Business Plan 2020-2022 August 3 – 2020 Moody’s confirms Ecopetrol S.A.’s investment grade rating
July
July 29 – 2020 Ecopetrol announces the dates of the second quarter 2020 earnings report and its 2020 - 2022 Business Plan Update July 17 – 2020 Ecopetrol S.A. further adjusts its 2020 investment plan to a range of between USD$3.0 billion to USD$3.4 billion
May
May 11 – 2020 2020 First Quarter Report of Results May 5 – 2020 Ecopetrol announces the dates of the First Quarter 2020 Earnings Report
April
April 15 – 2020 Ecopetrol made a disbursement under a contingent line of credit in the amount of USD 665 million and subscribed short-term financing contracts in the amount of USD 410 million April 3 – 2020 Fitch Ratings revises Ecopetrol S.A.’s rating on same action on the Republic of Colombia April 1 – 2020 Ecopetrol files its Form 20-F for the Fiscal Year 2019
March
March 27 – 2020 2019 Earnings Distribution March 27 – 2020 General Shareholders’ Assembly Approves Amendment to Bylaws March 27 – 2020 General Shareholders’ Meeting Approves Amendment of Internal Regulations March 27 - 2020 Standard & Poor´s revises Ecopetrol S.A.´s outlook on same action on the Republic of Colombia’s rating outlook March 24 - 2020 General Shareholders’ Meeting of Ecopetrol S.A. March 19 - 2020 Ecopetrol S.A. adopts preventive measures to protect its shareholders at the General Shareholders’ Meeting March 18 - 2020 Resignation of Vice-President of Refining and Industrial Processes March 17 - 2020 Ecopetrol S.A. announces measures to address current market conditions March 12 - 2020 Ecopetrol S.A. informs the Superintendence of Companies’ decision regarding one of its subordinates March 2 - 2020 2019 Earnings Distribution Proposal
February
February 24 - 2020 Ecopetrol publishes the text of the amendment to its bylaws that will be submitted for consideration at its general shareholder’s meeting February 24 - 2020 Ecopetrol Adopts Measures to Guarantee the Adequate Representation of Shareholders at the 2020 Ordinary General Shareholders’ Meeting February 24 - 2020 Annual General Shareholders’ Meeting of Ecopetrol S.A February 21 - 2020 Ecopetrol S.A. receives authorization from the Colombian Ministry of Finance and Public Credit to structure the issuance and placement of bonds in the international capital markets February 20 - 2020 Ecopetrol Group increased its proven hydrocarbon reserves to 1,893 million barrels of oil equivalent at 2019 close February 18 - 2020 Ecopetrol announces the dates of the fourth quarter and full-year 2019 earnings report and its 2020-2022 Business Plan February 07 - 2020 Ecopetrol and Shell join efforts to develop the gas province of the Colombian Caribbean February 03 - 2020 Ecopetrol S.A. reports on the changes to the accounting classification of one of its investments

2019

December
December 16 -2019 Distribution of Occasional Reserve as an Extraordinary Dividend December 3-2019 Fitch Ratings confirms Ecopetrol S.A.’s investment grade rating
November
November 28 -2019 Distribution of ocassional reserve to be submitted for consideration of the General Shareholders' Meeting of Ecopetrol S.A. November 28 -2019 Ecopetrol adopts measures to guarantee the adequate representation of Shareholders at the 2019 Extraordinary General Shareholders' Meeting November 28 -2019 Extraordinary General Shareholders' Meeting of Ecopetrol S.A. November 25 - 2019 Ecopetrol announces greater levels of investment for 2020: US$4.5 to US$5.5 billion November 13 - 2019 Ecopetrol and Occidental complete investment agreement in the US Permian Basin November 06 -2019 Ecopetrol S.A. responds to information published in the media on the ruling ordering 145 million Invercolsa shares to be returned to Ecopetrol
October
October 23 -2019 Ecopetrol Announces Timing of the Third Quarter of 2019 Earnings Report and Conference Call October 22 -2019 Ecopetrol and OXY receive US approval for investment agreement in Permian Basin
August
August 6 -2019 Ecopetrol Announces Timing of the Second Quarter of 2019 Earnings Report and Conference Call
July
July 31 -2019 Ecopetrol Announces Conference Call about Strategic Partnership with Occidental to Develop Acreage in Midland Basin July 31 -2019 Ecopetrol and Occidental Form Strategic Partnership to Develop Acreage in Midland Basin July 30 -2019 Moody’s confirms Ecopetrol S.A.’s investment grade rating July 18 -2019 Ministry of Mines and Energy of Brazil authorizes the transfer of 10% stake in Saturno block to Ecopetrol July 11 -2019 Ecopetrol reports discovery of crude in Boranda-2 ST well at Rionegro, Santander
June
June 28 -2019 S&P upgrades Ecopetrol S.A. stand-alone credit rating to investment grade June 19 -2019 Ecopetrol S.A.’s New committee in the Board of Directors
May
May 27 -2019 Fitch Ratings Revises Ecopetrol S.A.´s Outlook in Line with the Action Taken on the Colombia´s Sovereign Rating Outlook
April
April 30 -2019 Ecopetrol S.A.’s Board of Directors Approves Membership of its Committees April 29 -2019 Ecopetrol Announces Timing of the First Quarter of 2019 Earnings Report and Conference Call April 12 -2019 Ecopetrol announces dates for the Colombian ex-dividend period April 5 -2019 Ecopetrol files its Form 20-F for the Fiscal Year 2018
March
March 29 -2019 Decisions of the General Shareholders' Meeting
February
February 27 -2019 2018 Earnings Distribution Proposal February 26 -2019 Ecopetrol Business Group presents fourth quarter and full-year 2018 Results February 25 -2019 Annual General Shareholders’ Meeting of Ecopetrol S.A. February 22 -2019 Ecopetrol adopts measures to guarantee the adequate representation of Shareholders at the 2019 General Shareholders’ Meeting February 22 -2019 Ecopetrol publishes the text of the amendment to its bylaws that will be submitted for consideration at its general shareholder’s meeting February 22 -2019 Ecopetrol Announces Timing of the Fourth Quarter and Full Year 2018 Earnings Report and Conference Call February 21 -2019 Ecopetrol Group increases its hydrocarbon reserves, proven reserves mount to 1,727 million barrels of oil equivalent at 2018 close February 6 -2019 Ecopetrol announces the appointment of the Executive Vice President, Cenit’s President and the Vice President of Development and Production February 5 -2019 Ecopetrol announces nomination of Hernando Ramírez Plazas to its Board of Directors
January
January 28 -2019 Minority Shareholders nominate Carlos Gustavo Cano Sanz to be part of Ecopetrol’s Board of Directors January 23 -2019 Appointment of Vice President of Exploration

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