Ecopetrol's 2025 Investment Plan: A Strategic Balance Between Oil and Energy Transition

Ecopetrol, Colombia's state-owned oil company, has announced its investment plan for 2025, with a budget ranging between 24 and 28 trillion pesos. This strategic investment plan aims to strike a balance between maintaining a robust hydrocarbon production segment while committing to energy transition and sustainability initiatives.

Ecopetrol's 2025 investment plan allocates approximately 76% of the budget to hydrocarbons, with a focus on exploration and production. The company aims to produce between 740,000 and 745,000 barrels of oil equivalent per day, with a significant portion of this production coming from Colombia. This strategic focus on hydrocarbons ensures Ecopetrol's financial stability and supports Colombia's energy security.

Simultaneously, Ecopetrol is investing 24% of its 2025 budget in energy transition and transmission projects. This allocation, totaling around 6.5 trillion pesos, is dedicated to initiatives such as renewable energy, self-generation, hydrogen, transmission, and toll roads. Additionally, Ecopetrol is committing approximately 2.3 trillion pesos to SosTECnibilidad® projects and activities, focusing on climate change, sustainable territory, innovation, science and technology, biodiversity, and ecosystem services.


This substantial investment in energy transition demonstrates Ecopetrol's commitment to reducing its carbon footprint and contributing to Colombia's emissions reduction targets. The company aims to reduce CO2 equivalent emissions by approximately 300,000 tons by 2025, aligning with the GE emissions reduction target by 2030.

Ecopetrol's strategic investment plan is expected to have a positive impact on the company's financial performance. At an estimated Brent price of $73/barrel, the financial plan projects a competitive EBITDA margin of 39%, reflecting efficient use of resources. Moreover, the plan includes transfers to the Nation of approximately 35 trillion pesos, supporting Colombia's economic development.


In conclusion, Ecopetrol's 2025 investment plan showcases a strategic balance between maintaining a strong hydrocarbon production segment while committing to energy transition and sustainability initiatives. This approach aligns with Colombia's energy transition roadmap and positions Ecopetrol as a leader in the region's energy sector. By investing in both hydrocarbons and energy transition projects, Ecopetrol is well-equipped to navigate the evolving energy landscape and ensure long-term financial stability.