Ecopetrol S.a. EC

What this company does

Ecopetrol S.A. is responsible for over 60% of the hydrocarbon production and for most of the transportation, logistics and hydrocarbon refining systems in Colombia. As of December 31, 2025, the Ecopetrol Group had 19,581 employees. The company is organized into three corporate business lines: hydrocarbons, which includes three operating segments — exploration and production, transport and logistics, and refining and petrochemicals — energies for the transition, and energy transmission and toll roads concessions. The exploration and production segment covers exploration, development and production activities in Colombia and abroad, conducted directly by Ecopetrol S.A. and through subsidiaries and joint ventures with third parties. By December 31, 2025, its network of crude oil and multi-purpose pipelines was approximately 9,064 kilometers in length. Its main refineries are the Barrancabermeja refinery, directly owned and operated by Ecopetrol S.A., and a refinery in the Free Trade Zone in Cartagena owned by Refinería de Cartagena S.A.S., and they produce gasoline, diesel, jet fuel, LPG and heavy fuel oils, among other refined products. Through ISA, the Company participates in energy transmission, the management of real-time systems and the Barranquilla-Cartagena coastal highway concession. Ecopetrol was established in 1951 by the Colombian Government as Empresa Colombiana de Petróleos and began operating the crude oil fields at La Cira-Infantas.

Written from the business description in ECOPETROL S.A.'s annual report to the U.S. Securities and Exchange Commission, filed 30 April 2026. Every sentence was checked against that document before publication.