Ecopetrol S.A. operates as an integrated oil and gas company. The company operates through Exploration and Production; Transportation and Logistics; refining, petrochemical and biofuel segments. It is engaged in the exploration, production and sale of oil and gas. It also transports and distributes hydrocarbons and by-products.
An oil giant in Colombia that despite a decline in its income and profits during 2020, is estimated to increase its profits from 228% by 2021 as the global economy is re-opened.
EC has just announced its plan to achieve zero carbon emissions by 2050, reducing direct and indirect emissions from energy purchases by 25%, and reducing total emissions associated with the value chain by 50%.
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