Ecopetrol’s Barranquilla and Cartagena refineries strengthened their fuel and petrochemical output in the first half of 2026, with total refining throughput averaging 428,000 bd, up 5.9% (24,000 bd) year-on-year.
The De la Espriella government is expected to call an Extraordinary Shareholders’ Assembly for Ecopetrol in late September, aimed at advancing changes to the company’s board of directors.
President Abelardo De la Espriella ordered the Armed Forces and National Police to launch a joint operation against hydrocarbons theft, coordinated with Ecopetrol, the Fiscalía, and other authorities “to comprehensively attack this criminal economy.”
Ecopetrol’s board, chaired by Luis Felipe Henao and backed by the De la Espriella government, approved a forensic audit into five major corruption scandals involving contracts and appointments, including the previously reported Termomorichal I/II and Gaxi cases and alleged interference by former first lady Verónica Alcocer and a contractor known as “el bachiller.”
Ecopetrol confirmed it has completed acquisition of a majority stake in Brazil’s Brava Energia, executed through subsidiary Ecopetrol Investimentos do Brasil Ltda after satisfying all closing conditions and regulatory requirements.
Ecopetrol deployed education and infrastructure initiatives reaching more than 447,000 students and teachers across 47 municipalities in 17 departments between 2023 and 2025.
Ecopetrol’s own board has assumed for months that Sirius, the Caribbean gas megaproject, will likely slip a year past its publicly stated 2030 start date to 2031. When did they plan to tell us?
Fitch Ratings will be watching whether Colombia’s new government succeeds in reviving hydrocarbons exploration and lifting production, according to Richard Francis, co-director of Fitch’s Latin America Sovereign Ratings group.
Ecopetrol’s gas sales volume fell 22.1% in the second quarter of 2026, with gas now representing just 6.9% of the group’s total sales — down sharply from 10.6% in 2Q22, when Gustavo Petro took office.
Camilo Barco, Ecopetrol’s corporate vice president of finance, addressed the company’s lifting costs, debt levels, and the drivers behind its stronger Q2 results.
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