# Tag: Ecopetrol

- [Ecopetrol Secures Control of Brava as Oil Producer Earns R$ 871 Million](https://brazilstockguide.com/insights/ecopetrol-secures-control-of-brava-as-oil-producer-earns-r-871-million/) (2026-08-05): Colombia’s state-controlled oil company will own 51% after buying an additional 25% for R$2.67 billion; EBITDA hits a record, but oil hedges trigger an R$864 million cash outflow.
- [Inside the CVM’s Institutional Divide](https://brazilstockguide.com/behind-the-lines/cvm-leak-brava-board-technical-staff/) (2026-07-16): A disagreement between the technical staff and the board is part of the institutional design of Brazil’s securities regulator. Each has a distinct role.
- [Westlawn Puts Atlanta Field at Center of Ecopetrol’s Brava Deal](https://brazilstockguide.com/insights/westlawn-ecopetrol-brava-atlanta-arbitration/) (2026-06-18): Minority partner in Brava’s key offshore asset says the takeover may trigger rights over the company’s remaining 80% stake.
- [CVM Halts Ecopetrol’s Brava Bid as Control Fight Hits Regulator](https://brazilstockguide.com/insights/cvm-halts-ecopetrol-brava-tender-offer/) (2026-06-16): Brazil’s securities watchdog demanded changes to the tender offer notice, forcing an appeal and freezing the timetable for Brava investors.
- [Ecopetrol Gets First Creditor Waiver in Brava Control Deal](https://brazilstockguide.com/insights/ecopetrol-gets-first-creditor-waiver-in-brava-control-deal/) (2026-05-28): The approval removes one debt-related obstacle to the takeover plan, while leaving the broader creditor process unfinished and subject to further bondholder votes.
- [Ecopetrol Gets Closer to Brava Control With June 25 Tender Offer](https://brazilstockguide.com/insights/ecopetrol-brava-energia-tender-offer-june-25/) (2026-05-26): Colombian oil company formalizes previously announced bid to reach 51% stake in Brazilian producer through a R$23-per-share offer.
- [Petrobras Finds New Gas in Colombia, Expanding Sirius Offshore Cluster](https://brazilstockguide.com/insights/petrobras-colombia-gas-discovery-sirius/) (2026-03-18): Copoazu-1 discovery strengthens emerging gas province and boosts prospects for Colombia’s long-term energy supply.
- [Shell Brings KUFPEC Into Brazil’s Orca Project in Pre-Salt Portfolio Reset](https://brazilstockguide.com/insights/shell-brings-kufpec-into-brazils-orca-project-in-pre-salt-portfolio-reset/) (2026-02-03): Deal sells 20% stake to Kuwait arm while keeping Shell as operator and largest foreign producer in Brazil.