哥伦比亚国家石油 2026年年度报告和过渡报告

Table of Contents Securities for which there is a reporting obligation pursuant to Section15(d)of the Act:None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the periodcovered by the annual report. 41,116,694,690Ecopetrol common shares, par value COP609 per share Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. ⌧Yes◻No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant toSection13 or 15(d)of the Securities Exchange Act of 1934. ◻Yes⌧No Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90days. ⌧Yes◻No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period thatthe registrant was required to submit such files). ⌧Yes◻No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerginggrowth company. See definition of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule12b-2 ofthe Exchange Act. If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if theregistrant has elected not to use the extended transition period for complying with any new or revised financial accountingstandards† provided pursuant to Section13(a)of the Exchange Act.◻ † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Boardto its Accounting Standards Codification after April5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: ⌧International Financial Reporting Standards as issued by theInternational Accounting Standards Board If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item theregistrant has elected to follow: ◻Item17◻Item18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of theExchange Act). ☐Yes⌧No Table of Contents 1.Introduction1.1About This Annual Report1.2Forward-looking Statements1.3Selected Operating Data2.Strategy and Market Overview2.1Our Corporate Strategy2.1.12040 Strategy: Energy That Transforms2.1.1.1Grow with the Energy Transition2.1.1.2Generate Value through TESG2.1.1.3Cutting-edge Knowledge2.1.1.4Competitive Returns2.1.22026 Investment Plan3.Business Overview 3.1Our History3.2Our Corporate Structure3.3Recent Developments3.4Our Business3.5Exploration and Production3.5.1Exploration Activities3.5.1.1Exploration Activities in Colombia3.5.1.2Exploration Activities Outside Colombia3.5.2Production Activities3.5.2.1Production Activities in Colombia3.5.2.1.1Ecopetrol S.A.’s Production Activities in Colombia3.5.2.1.2Ecopetrol S.A.’s Affiliates and Subsidiaries’ Production Activities inColombia3.5.2.2Production Activities Outside Colombia3.5.2.3Unconventional Hydrocarbons3.5.2.4Marketing of Crude Oil and Natural Gas3.5.3Reserves3.5.4Joint Venture and Other Contractual Arrangements3.6Transport and Logistics3.6.1Transportation Activities3.6.1.1Pipelines3.6.1.2Export and Import Facilities3.6.2Other Transportation Facilities3.6.3Marketing of Transportation Services3.7Refining and Petrochemicals3.7.1Refining3.7.1.1Barrancabermeja Refinery3.7.1.2Cartagena Refinery3.7.1.3Esenttia S.A.3.7.1.4Invercolsa3.7.1.5Biofuels3.7.2Marketing and Supply of Refined Products3.8Energy Transmission and Toll Roads Concessions3.8.1ISA3.8.2Electricity Transmiss