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Exhibit 1. Consolidated companies, associates, and joint ventures (Unaudited) | 6 Months Ended
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Jun. 30, 2024
Exhibit 1. Consolidated companies, associates, and joint ventures (Unaudited) |
Exhibit 1. Consolidated companies, associates, and joint ventures (Unaudited) | Exhibit 1. Consolidated companies, associates, and joint ventures (Unaudited) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Ownership | ​ | ​ | ​ | ​ | ​ | Geographic | ​ | ​ | ​ | Profit (loss) | ​ | ​ | ​ | ​ |
​ | ​ | Functional | ​ | Interest | ​ | ​ | ​ | Country/ | ​ | area of | ​ | ​ | ​ | for the | ​ | Total | ​ | Total |
Company |  | Currency | ​ | Ecopetrol | ​ | Activity | ​ | Domicile | ​ | operations | ​ | Net equity | ​ | period | ​ | assets | ​ | liabilities |
Subsidiaries |  | ​ |  | ​ | ​ | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |
Refinería de Cartagena S.A.S. |  | U.S. Dollar |  | 100 | % | Hydrocarbons refining, marketing and distribution |  | Colombia |  | Colombia |  | 23,509,708 |  | (910,551) |  | 35,121,833 |  | 11,612,125 |
Cenit transporte y logística de hidrocarburos S.A.S. | ​ | Colombian peso | ​ | 100 | % | Storage and transportation through hydrocarbon pipelines | ​ | Colombia | ​ | Colombia | ​ | 14,274,042 | ​ | 2,661,860 | ​ | 17,842,988 | ​ | 3,568,946 | ​
Ecopetrol Global Energy S.L.U. | ​ | U.S. Dollar | ​ | 100 | % | Investment vehicle | ​ | Spain | ​ | Spain | ​ | 16,510,216 | ​ | 528,155 | ​ | 16,510,297 | ​ | 81 | ​
Oleoducto Central S.A. - Ocensa | ​ | U.S. Dollar | ​ | 72.65 | % | Transportation through hydrocarbon pipelines | ​ | Colombia | ​ | Colombia | ​ | 3,633,946 | ​ | 1,451,722 | ​ | 6,759,523 | ​ | 3,125,577 | ​
Hocol Petroleum Limited. |  | U.S. Dollar |  | 100 | % | Investment vehicle |  | Bermuda |  | Bermuda |  | 3,866,756 |  | 96,711 |  | 4,112,856 |  | 246,100 |
Ecopetrol América LLC. |  | U.S. Dollar |  | 100 | % | Hydrocarbons exploration and exploitation |  | United States of America |  | United States of America |  | 1,750,271 |  | 47,976 |  | 3,392,774 |  | 1,642,503 |
Hocol S.A. |  | U.S. Dollar |  | 100 | % | Exploration, exploitation, and production of hydrocarbons |  | Cayman Islands |  | Colombia |  | 3,351,032 |  | 125,601 |  | 5,259,866 |  | 1,908,834 |
Esenttia S.A. |  | U.S. Dollar |  | 100 | % | Production and commercialization of polypropylene resin |  | Colombia |  | Colombia |  | 2,558,163 |  | (81,043) |  | 3,116,775 |  | 558,612 |
Ecopetrol Capital AG |  | U.S. Dollar |  | 100 | % | Collection of surpluses from, and providing funds to, companies of the Ecopetrol Business Group |  | Switzerland |  | Switzerland |  | 2,936,964 |  | 44,593 |  | 8,655,529 |  | 5,718,565 |
Oleoducto de Colombia S. A. – ODC |  | Colombian peso |  | 73 | % | Pipeline transportation of crude oil |  | Colombia |  | Colombia |  | 417,523 |  | 172,927 |  | 799,041 |  | 381,518 |
Black Gold Re Ltd. |  | U.S. Dollar |  | 100 | % | Reaseguradora para compañías del Grupo Empresarial Ecopetrol |  | Bermuda |  | Bermuda |  | 1,217,714 |  | 48,479 |  | 1,389,000 |  | 171,286 |
Andean Chemicals Ltd. |  | U.S. Dollar |  | 100 | % | Investment vehicle |  | Bermuda |  | Bermuda |  | 1,915,191 |  | (50,927) |  | 1,931,415 |  | 16,224 |
Oleoducto de los Llanos Orientales S. A. - ODL |  | Colombian peso |  | 65 | % | Pipeline transportation of crude oil |  | Panama |  | Colombia |  | 512,682 |  | 305,740 |  | 1,236,078 |  | 723,396 |
Interconexión Eléctrica S.A. E.S.P. |  | Colombian peso |  | 51.41 | % | -Provision of the public electricity transmission service - Development of infrastructure projects and their commercial exploitation and - Software development, Information technology and telecommunications activities and services |  | Colombia |  | Latin America |  | 26,584,977 |  | 1,341,999 |  | 73,480,911 |  | 46,895,934 |
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Ownership | ​ | ​ | ​ | ​ | ​ | Geographic | ​ | ​ | ​ | Profit | ​ | ​ | ​ | ​
​ | ​ | Functional | ​ | Interest | ​ | ​ | ​ | Country/ | ​ | area of | ​ | ​ | ​ | (loss) for | ​ | Total | ​ | Total
Company |  | Currency |  | Ecopetrol |  | Activity |  | Domicile |  | operations |  | Net equity |  | the period |  | assets |  | liabilities
Inversiones de Gases de Colombia S.A. Invercolsa S.A. | ​ | Colombian peso | ​ | 51.88 | % | Holding with investments in transportation and distribution companies of natural gas and LPG in Colombia | ​ | Colombia | ​ | Colombia | ​ | 580,247 | ​ | 266,589 | ​ | 746,271 | ​ | 166,024
Alcanos de Colombia S.A. E.S.P. (1) |  | Colombian peso |  | 29.61 | % | Provision of the home public service of fuel gas, the construction and operation of gas pipelines, distribution networks, regulation, measurement, and compression stations. |  | Colombia |  | Colombia |  | 297,244 |  | 107,430 |  | 837,451 |  | 540,207
Metrogas de Colombia S.A E.S.P. (1) |  | Colombian peso |  | 33.49 | % | Provision of the public service of commercialization and distribution of fuel gas; the exploration, exploitation, storage, use, transportation, refining, purchase, sale and distribution of hydrocarbons and their derivatives. |  | Colombia |  | Colombia |  | 52,944 |  | 16,411 |  | 142,043 |  | 89,099
Gases del Oriente S.A. E.S.P. (1) |  | Colombian peso |  | 48.50 | % | Provision of the home public service of fuel gas distribution and the development of all complementary activities to the provision of said service. |  | Colombia |  | Colombia |  | 77,161 |  | 47,069 |  | 215,458 |  | 138,297
Promotora de Gases del Sur S.A. E.S.P. (1) | ​ | Colombian peso | ​ | 31.44 | % | Promote the linking of national or foreign capital, public or private, to achieve the gas massification project. | ​ | Colombia | ​ | Colombia | ​ | 44,835 | ​ | 30,035 | ​ | 91,343 | ​ | 46,508
Combustibles Líquidos de Colombia S.A E.S.P. (1) | ​ | Colombian peso | ​ | 41.61 | % | Wholesale commercialization of fuel gas, the provision of the home public LPG distribution service and the development of complementary activities to the provision of said service. | ​ | Colombia | ​ | Colombia | ​ | 61,606 | ​ | 1,198 | ​ | 82,341 | ​ | 20,735
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Ownership | ​ | ​ | ​ | ​ | ​ | Geographic | ​ | ​ | ​ | Profit (loss) | ​ | ​ | ​ | ​
​ | ​ | Functional | ​ | Interest | ​ | ​ | ​ | Country/ | ​ | area of | ​ | ​ | ​ | for the | ​ | Total | ​ | Total
Company | ​ | Currency | ​ | Ecopetrol | ​ | Activity | ​ | Domicile | ​ | operations | ​ | Net equity | ​ | period | ​ | assets | ​ | liabilities
Ecopetrol USA Inc. |  | U.S. Dollar |  | 100 | % | Hydrocarbons exploration and exploitation |  | United States of America |  | United States of America |  | 14,511,454 |  | 608,693 |  | 14,525,985 |  | 14,531
Ecopetrol Permian LLC. |  | U.S. Dollar |  | 100 | % | Hydrocarbons exploration and exploitation |  | United States of America |  | United States of America |  | 10,491,472 |  | 382,472 |  | 13,295,872 |  | 2,804,400
Ecopetrol Oleo e Gas do Brasil Ltda. |  | Real |  | 100 | % | Hydrocarbons exploration and exploitation |  | Brazil |  | Brazil |  | 1,890,521 |  | (77,760) |  | 1,984,852 |  | 94,331
Esenttia Masterbatch Ltda. | ​ | Colombian peso | ​ | 100 | % | Manufacture of polypropylene compounds and masterbatches | ​ | Colombia | ​ | Colombia | ​ | 318,698 | ​ | 164,590 | ​ | 532,034 | ​ | 213,336
Ecopetrol del Perú S. A. | ​ | U.S. Dollar | ​ | 100 | % | Hydrocarbons exploration and exploitation | ​ | Peru | ​ | Peru | ​ | 63,522 | ​ | 972 | ​ | 66,219 | ​ | 2,697
ECP Hidrocarburos de México S.A. de C.V. | ​ | U.S. Dollar | ​ | 100 | % | Offshore exploration | ​ | Mexico | ​ | Mexico | ​ | 44,056 | ​ | (3,081) | ​ | 46,447 | ​ | 2,391
Ecopetrol Costa Afuera S.A.S. | ​ | Colombian peso | ​ | 100 | % | Offshore exploration | ​ | Colombia | ​ | Colombia | ​ | 13,619 | ​ | 224 | ​ | 13,757 | ​ | 138
Esenttia Resinas del Perú SAC |  | U.S. Dollar |  | 100 | % | Commercialization polypropylene resins and masterbatches |  | Peru |  | Peru |  | 14,969 |  | (809) |  | 30,152 |  | 15,183
Topili Servicios Administrativos S de RL De CV. |  | Mexican pesos |  | 100 | % | Specialized management services |  | Mexico |  | Mexico |  | (454) |  | (138) |  | 625 |  | 1,079
Kalixpan Servicios Técnicos S de RL De CV. |  | Mexican pesos |  | 100 | % | Specialized services related to oil and gas industry |  | Mexico |  | Mexico |  | 73 |  | (18) |  | 75 |  | 2
Ecopetrol US Trading LLC |  | U.S. Dollar |  | 100 | % | International marketing of crude oil and refined products |  | United States of America |  | United States of America |  | 262,345 |  | 187,894 |  | 2,409,138 |  | 2,146,793
Econova Technology & Innovation S.L. |  | U.S. Dollar |  | 100 | % | Execution of activities related to science, technology, and innovation (ST&I) activities. |  | Spain |  | Spain |  | 219 |  | (62) |  | 391 |  | 172
Ecopetrol Singapore PTE. LTD | ​ | Singapore dollar | ​ | 100 | % | Holding company with investment in an international trading company for crude oil and refined products | ​ | Singapore | ​ | Asia | ​ | 425,806 | ​ | 194,409 | ​ | 425,901 | ​ | 95
Ecopetrol Trading Asia PTE. LTD | ​ | Singapore dollar | ​ | 100 | % | International marketing of crude oil and refined products | ​ | Singapore | ​ | Asia | ​ | 425,201 | ​ | 194,394 | ​ | 3,909,793 | ​ | 3,484,592
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Ownership |  | ​ |  | ​ |  | Geographic |  | ​ |  | Profit (loss) |  | ​ |  | ​
​ | ​ | Functional | ​ | Interest | ​ | ​ | ​ | Country/ | ​ | area of | ​ | ​ | ​ | for the | ​ | Total | ​ | Total
Company | ​ | Currency | ​ | Ecopetrol | ​ | Activity | ​ | Domicile | ​ | operations | ​ | Net equity | ​ | period | ​ | assets | ​ | liabilities
Associates | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Serviport S.A. (2) |  | Colombian peso |  | 49 | % | Services to support the loading and unloading of oil trucks, supply of equipment for the same purpose, technical inspections, and load measurements |  | Colombia |  | Colombia |  | 17,230 |  | (6,773) |  | 38,707 |  | 21,477
Sociedad Portuaria Olefinas y Derivados S.A. (3) |  | Colombian peso |  | 50 | % | Construction, use, maintenance, adaptation and administration of port facilities, ports, private docks, or service to the general public |  | Colombia |  | Colombia |  | 7,065 |  | (920) |  | 9,084 |  | 2,019
Joint ventures |  |  |  |  |  |  |  |  |  |  |  | ​ |  | ​ |  |  |  |
Equion Energía Limited |  | U.S. Dollar |  | 51 | % | Hydrocarbons exploration and exploitation |  | United Kingdom |  | Colombia |  | 1,456,602 |  | 28,149 |  | 1,534,068 |  | 77,466
Ecodiesel Colombia S.A. (3) |  | Colombian peso |  | 50 | % | Production, commercialization and distribution of biofuels and oleochemicals |  | Colombia |  | Colombia |  | 155,957 |  | 18,744 |  | 247,720 |  | 91,763
​
(1) | Indirect participation through Inversiones de Gases de Colombia S.A. - Invercolsa S.A.
(2) | Information available as of December 31, 2023, the investment is totally impaired.
(3) | Information available as of June 30, 2024.

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