
Ecopetrol completes $1.2 billion Brava control deal
Offshore and onshore Brazilian oil production infrastructure representing Ecopetrol’s US$1.2 billion acquisition of a controlling stake in Brava Energia.
Ecopetrol (NYSE:EC), the Colombian energy giant, reported on Thursday that its proven hydrocarbon reserves (1P) climbed to 1,944.2 million barrels of oil equivalent (mmboe) at the close of 2025.
Ecopetrol (NYSE:EC) executed a final six-year collective bargaining agreement with the Oil Workers Union (USO) to establish structured labor frameworks through the end of the decade.