Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), informs that the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. PS-GJ.126.96.36.199.2094 of 2021, imposed a fine of twenty monthly minimum wages to the Company due to the contamination of Caño Cacayal, caused by the discharge of wastewater from Station I of Campo Castilla. In the opinion of the authority, the discharge parameters allowed by environmental regulations might have been breached.
Ecopetrol (EC) says that roughly 63% of the capital budget will be allocated for exploration and production activities.
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its Board of Directors approved the 2022 organic investment plan for the GE, for an estimated amount between USD 4.8 to USD 5.8 billion.