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Ecopetrol Comments on Recent News Reports on a Potential Transaction
The union filed a complaint under Colombian labor law to renegotiate Ecopetrol’s agreement covering 19,000 employees before its December 31, 2025 expiration.
- On December 19, 2025, Unión Sindical Obrera started the early collective bargaining process with Ecopetrol S.A., Colombia's largest energy company.
- Invoking Articles 478 and 479, the filing triggers early collective bargaining within the 60-day legal term before the Collective Bargaining Agreement effective January 1, 2023–December 31, 2025 expires.
- USO is expected to submit a list of requests to shape talks, while Ecopetrol will await administrative steps from the Ministry of Labor.
- Renegotiations could affect more than 19,000 employees at Ecopetrol S.A., which supplies more than 60% of national hydrocarbon production across key systems.
- Ecopetrol S.A.'s wider asset base, including a 60% stake in ISA, and international drilling in the Permian basin, Gulf of Mexico, Brazil, and Mexico extend negotiations beyond Colombia.
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Ecopetrol Comments on Recent News Reports on a Potential Transaction
BOGOTA, Colombia, Dec. 29, 2025 /PRNewswire/ -- Given recent news reports about a potential acquisition in Brazil by Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or "we"), we would like to clarify that, Ecopetrol continuously assesses inorganic growth opportunities as…
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Total News Sources18
Leaning Left0Leaning Right4Center10Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
C 71%
R 29%
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