Ecopetrol S.A., formerly Empresa Colombiana de Petróleo S.A., is Colombia's largest integrated oil and gas company, majority-owned by the Republic of Colombia. Headquartered in Bogotá, it operates across the hydrocarbon value chain, including exploration, production, transportation, refining, and petrochemicals.
The company manages key refineries such as Barrancabermeja and Cartagena, producing fuels like gasoline and diesel, as well as petrochemical products including paraffin waxes, lube base oils, and aromatics. It holds leading positions in Colombia's hydrocarbon production (over 60%), transportation, and gas distribution.
Ecopetrol has international operations in South America, the US (including the Gulf of Mexico and Permian Basin), and beyond, and is listed on the NYSE (EC) and Colombia's BVC (ECOPETROL). Founded in 1948, it ranks among the Fortune Global 500.
Also known as Empresa Colombiana de Petróleo S.A..
New gas accumulation found at Copoazu‑1 (Block GUA‑OFF‑0), 964 m water depth, 36 km offshore; additional gas intervals identified beyond main target; samples taken for lab analysis.