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Recent board changes consolidate the Petro administration's control of the Ecopetrol board of directors.

The confirmation of a permanent Chief Compliance Officer occurs during a period of heightened legal and political scrutiny for the company.

The conference features over 120 speakers on AI, smart cities, and cybersecurity, with keynote Dr. Michio Kaku and other global leaders.

The action followed the recent revision of Colombia's sovereign outlook to negative.

ISA operates in Colombia, Brazil, Chile, and Peru. Taesa and Alupar focus on Brazil, impacted by the country's 'BB+' ceiling.

EPM expressed unease after learning that Carrillo had received one of the lowest scores in the selection process for the role.

Ecopetrol is suffering from deteriorating corporate governance while the petroleum giant is led by Colombian President Gustavo Petro's political campaign manager.

The ratings agency noted ISA's low business risk profile, manageable regulatory risk, and indebtedness that matches expectations, among other factors.

Inflation seeks to be the highest in Colombia since 1999 based on DANE statistics.

Besides Colombia. Ecopetrol has assets in the US, Brazil, México, Chile, Peru, Bolivia and Chile.