​

​

​

​

Ownership

​

​

​

​

​

Geographic

​

​

​

Profit

​

​

​

​

​

​

Functional

​

interest

​

​

​

Country/

​

area of

​

​

​

(loss) of

​

Total

​

Total

Company

  ​ ​ ​

currency

  ​ ​ ​

Ecopetrol

  ​ ​ ​

Activity

  ​ ​ ​

Domicile

  ​ ​ ​

operations

  ​ ​ ​

Equity

  ​ ​ ​

the year

  ​ ​ ​

assets

  ​ ​ ​

liabilities

Subsidiaries

  ​ ​ ​

​

  ​ ​ ​

​

​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

Refinería de Cartagena S.A.S.

US Dollar

100

%  

Refining of hydrocarbons, commercialization and distribution of products

Colombia

Colombia

21,317

215

32,997

11,680

Cenit transporte y logística de hidrocarburos S.A.S.

​

Colombian Peso

​

100

%  

Storage and transport by pipelines of hydrocarbons

​

Colombia

​

Colombia

​

16,513

​

5,258

​

19,370

​

2,857

Ecopetrol Global Energy S.L.U.

​

US Dollar

​

100

%  

Investment Vehicle

​

Spain

​

Spain

​

17,061

​

605

​

17,061

​

0

Oleoducto Central S.A.S - Ocensa

​

US Dollar

​

72.65

%  

Transportation by crude oil pipelines

​

Colombia

​

Colombia

​

3,334

​

3,256

​

6,745

​

3,411

Hocol Petroleum Limited.

US Dollar

100

%  

Investment Vehicle

Bermuda

Bermuda

3,908

609

3,945

38

Ecopetrol América LLC.

US Dollar

100

%  

Exploration and exploitation of hydrocarbons

United States

United States

1,184

100

2,166

982

Hocol S.A.

US Dollar

100

%  

Exploration and exploitation of hydrocarbons

Cayman Islands

Colombia

3,419

573

5,100

1,682

Esenttia S.A.

US Dollar

100

%  

Production and commercialization of polypropylene resin

Colombia

Colombia

2,502

122

2,791

289

Ecopetrol Capital AG

US Dollar

100

%  

Collection of surpluses from, and providing funds to, companies of the Ecopetrol Group

Switzerland

Switzerland

1,399

60

8,909

7,510

Oleoducto de Colombia S. A. – ODC

Colombian Peso

78.19

%  

Transportation by crude oil pipelines

Colombia

Colombia

428

383

789

360

Black Gold Re Ltd.

US Dollar

100

%  

Reinsurer for companies of the Ecopetrol Group

Bermuda

Bermuda

1,095

86

1,432

337

Andean Chemicals Ltd.

US Dollar

100

%  

Investment Vehicle

Bermuda

Bermuda

1,890

105

1,896

6

Oleoducto de los Llanos Orientales S. A. - ODL

Colombian Peso

65

%  

Transportation by crude oil pipelines

Panama

Colombia

792

685

1,332

540

Interconexión Eléctrica S.A. E.S.P

Colombian Peso

51.41

%  

Public transmission service of electric power, the development of infrastructure projects and their commercial exploitation and the development of information technology systems, activities and services and telecommunications.

Colombia

Latin-America

28,307

2,420

76,130

47,823

​

​

​

​

Ownership

​

​

​

​

​

Geographic

​

​

​

Profit

​

​

​

​

​

​

Functional

​

interest

​

​

​

Country/

​

area of

​

​

​

(loss) of

​

Total

​

Total

Company

  ​ ​ ​

currency

  ​ ​ ​

Ecopetrol

  ​ ​ ​

Activity

  ​ ​ ​

Domicile

  ​ ​ ​

operations

  ​ ​ ​

Equity

  ​ ​ ​

the year

  ​ ​ ​

assets

  ​ ​ ​

liabilities

Inversiones de Gases de Colombia S.A. Invercolsa S.A.

​

Colombian Peso

​

51.88

%  

Holding with investments in natural gas and LPG transportation and distribution companies in Colombia

​

Colombia

​

Colombia

​

648

​

286

​

692

​

44

Alcanos de Colombia S.A. E.S.P.

Colombian Peso

29.61

%  

Residential public fuel gas service, construction and operation of gas pipelines, distribution networks, regulation, measurement, and compression stations.

Colombia

Colombia

342

151

950

608

Metrogas de Colombia S.A E.S.P.

Colombian Peso

33.49

%  

Public service of commercialization and distribution of fuel gas; the exploration, exploitation, storage, use, transportation, refining, purchase, sale and distribution of hydrocarbons and their derivatives.

Colombia

Colombia

60

20

174

113

Gases del Oriente S.A. E.S.P.

Colombian Peso

48.50

%  

Home public service of distribution of fuel gas and the development of all complementary activities to the supplying of said service.

Colombia

Colombia

118

54

360

242

Promotora de Gases del Sur S.A. E.S.P.

​

Colombian Peso

​

31.44

%  

Promote the linking of national or foreign capital, public or private, to achieve the gas massification project.

​

Colombia

​

Colombia

​

56

​

43

​

83

​

28

Combustibles Líquidos de Colombia S.A E.S.P.

​

Colombian Peso

​

41.61

%  

Wholesale marketing of fuel gas, the supplying of the residential public service of LPG distribution and the development of complementary activities to supply the service.

​

Colombia

​

Colombia

​

61

​

1

​

79

​

17

​

​

​

​

Ownership

​

​

​

​

​

Geographic

​

​

​

Profit

​

​

​

​

​

​

Functional

​

interest

​

​

​

Country/

​

area of

​

​

​

(loss) of

​

Total

​

Total

Company

  ​ ​

currency

  ​ ​

Ecopetrol

  ​ ​

Activity

  ​ ​

Domicile

  ​ ​

operations

  ​ ​

Equity

  ​ ​

the year

  ​ ​

assets

  ​ ​

liabilities

Ecopetrol USA Inc.

  ​ ​ ​

US Dollar

  ​ ​ ​

100

%  

Exploration and exploitation of hydrocarbons

  ​ ​ ​

United States

  ​ ​ ​

United States

  ​ ​ ​

14,121

  ​ ​ ​

715

  ​ ​ ​

14,467

  ​ ​ ​

347

Ecopetrol Permian LLC.

​

US Dollar

​

100

%  

Exploration and exploitation of hydrocarbons

​

United States

​

United States

​

10,441

​

215

​

13,451

​

3,010

Ecopetrol Oleo é Gas do Brazil Ltda.

Real

100

%  

Exploration and exploitation of hydrocarbons

Brazil

Brazil

2,844

(109)

3,179

334

Esenttia Masterbatch Ltda.

Colombian Peso

100

%  

Manufacture of polypropylene compounds and masterbatches

Colombia

Colombia

221

65

298

77

Ecopetrol del Perú S. A.

​

US Dollar

​

100

%  

Exploration and exploitation of hydrocarbons

​

Peru

​

Peru

​

59

​

1

​

61

​

1

ECP Hidrocarburos de México S.A. de C.V.

​

US Dollar

​

100

%  

Offshore exploration

​

Mexico

​

Mexico

​

36

​

—

​

38

​

2

Ecopetrol Costa Afuera S.A.S.

​

Colombian Peso

​

100

%  

Offshore exploration

​

Colombia

​

Colombia

​

14

​

—

​

14

​

0

Esenttia Resinas del Peru SAC

​

US Dollar

​

100

%  

Commercialization polypropylene resins and masterbatches

​

Peru

​

Peru

​

14

​

—

​

21

​

7

Esenttia Resinas de México

Mexican Peso

100

%  

Commercialization polypropylene resins and masterbatches

Mexico

Mexico

5

1

18

13

Kalixpan Services Técnicos S de RL De CV.

Mexican Peso

100

%  

Specialized services related to oil and gas industry

Mexico

Mexico

—

—

—

—

Ecopetrol US Trading LLC

US Dollar

100

%  

International trading of crude oil and refined products

United States

United States

586

413

1,871

1,285

Econova Technology & innovation S.L.

​

US Dollar

​

100

%  

Execution of activities related to science, technology, and innovation (ST+i)

​

Spain

​

Spain

​

3

​

(4)

​

4

​

2

Ecopetrol Singapore PTE. LTD

Singapore dollar

100

%  

Holding company with investment in an international trading company for crude oil and refined products

Singapore

Asia

615

380

615

—

Ecopetrol Trading Asia PTE. LTD

Singapore dollar

100

%  

International trading of crude oil and refined products

Singapore

Asia

614

380

2,792

2,178

​

​

​

​

Ownership 

​

​

​

​

​

Geographic 

​

​

​

Profit 

​

​

​

​

​

​

Functional 

​

interest 

​

​

​

Country/ 

​

area of 

​

​

​

(loss) of 

​

Total 

​

Total 

Company

  ​ ​ ​

currency

  ​ ​ ​

Ecopetrol

  ​ ​ ​

Activity

  ​ ​ ​

Domicile

  ​ ​ ​

operations

  ​ ​ ​

Equity

  ​ ​ ​

the year

  ​ ​ ​

assets

  ​ ​ ​

liabilities

Wind Autogeneración S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

64

(1)

93

29

Parque Solar Porton del Sol S.A.S E.S.P.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

272

(4)

583

311

Enerfin Services S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

—

—

3

2

Planta Solar Sahagun S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

6

—

6

—

El Roble Solar S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

3

—

3

—

Girasol I S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

1

—

1

—

La Cayena Solar S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

1

—

2

—

Córdoba Solar 2 S.A.S.

Colombian Peso

100

%  

Wind energy production

Colombia

Colombia

1

—

1

—

​

  ​ ​ ​

​

  ​ ​ ​

Ownership

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

Geographic

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

​

​

Functional

​

interest

​

​

​

Country/

​

area of

​

​

​

Profit (loss) of

​

​

​

Total

Company

​

currency

​

Ecopetrol

​

Activity

​

Domicile

​

operations

​

Equity

​

the year

​

Total assets

​

liabilities

Associates

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Serviport S.A.

Colombian Peso

28

%  

Services for the support of loading and unloading of oil ships, supply of equipment, technical inspections, and load measurements

Colombia

Colombia

17

—

33

16

Sociedad Portuaria Olefinas y Derivados S.A.

Colombian Peso

50

%  

Construction, use, maintenance and administration of port facilities, ports, private docks.

Colombia

Colombia

6

(1)

7

1

Joint Ventures

​

  ​

​

​

  ​

​

​

​

​

Equion Energía Limited

US Dollar

51

%  

Exploration and exploitation of hydrocarbons

United Kingdom

Colombia

1,389

33

1,453

64

Ecodiesel Colombia S.A.

Colombian Peso

50

%  

Production, trading, and distribution of biofuels and oleochemicals

Colombia

Colombia

167

(58)

283

117