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Continuation of the customs adjustment process initiated by the Tax Authority

  • On May 29, 2025, the Tax Authority notified Refinería de Cartagena S.A.S. of two resolutions for correction assessments related to gasoline imports.
  • The Tax Authority estimated that the Refinery owed approximately COP 1.0 trillion, plus COP 2.1 trillion in interests, for gasoline imported between 2022 and 2024.
  • On June 26, 2025, the Refinery filed motions for reconsideration concerning the customs correction assessments.
  • Ecopetrol and the Refinery expressed commitment to complying with customs and tax obligations in a communication published on May 6, 2025.
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Continuation of the customs adjustment process initiated by the Tax Authority

BOGOTA, Colombia, June 26, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") informs that on May 29, 2025, the Dirección de Impuestos y Aduanas Nacionales (the "Tax…

Ecopetrol extended agreement on temporary reduction of the cost of conversion in purchase and sale of ADRs in the United States. Image: Yennyfer Sandoval, Valora Analitik Colombian state oil company, Ecopetrol, reported this Friday (27 June 2025) that it has managed to extend the agreement to reduce the cost of conversion for the creation and cancellation of ADRs in the United States, which had been made in January of this year. “As a result of …

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PR Newswire broke the news in United States on Friday, June 27, 2025.
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