• CERAWEEK 2025 | March 10-14, 2025
  • CERAWEEK
  • March 10 - 14, 2025

Felipe Bayón

Ecopetrol S.A.

Chief Executive Officer

CEO of Ecopetrol Group, Colombia's leading energy company and one of the most important in the Americas. Over 30 years of experience in the energy industry. Felipe has led Ecopetrol’s transformation and energy transition processes, with a robust plan to diversify the business and decarbonize the operations through, amongst other, renewables, electrification, natural climate solutions, and hydrogen. All these underpinned by innovation and technology as catalyzers of sustainability, what Ecopetrol calls T-ESG (Technology, Environmental, Social and Governance). This strategy has allowed the company to successfully address and overcome the complex global context resulting from the pandemic and the drop in oil prices, achieving solid operational and financial performance, key to strengthening Ecopetrol as the company faces the challenges and opportunities of the energy transition. Before being appointed as CEO in 2017, Felipe was COO of Ecopetrol and worked at BP plc for 20 years.

Sessions With Felipe Bayón

Tuesday, 10 March

  • 02:10pm - 02:55pm (CST) / -

    Plenary - Future of Global Upstream
    Upstream Oil & Gas Climate & Sustainability

    There has been significant drop in oil/gas upstream investments since 2014. Although cost have continued to fall, yet there is concern about future supply gaps emerging. At the same time, numerous forecasts are predicting plateauing of oil demand although there is a wide range in terms of the time when this will happen. Many investors are pushing for faster move out of fossil fuels—resulting in some financial companies slowing/stopping oil/gas investments even though there are no economic substitutes for oil in many sectors such as heavy-duty transportation and petrochemicals. What is the case to continue to invest in oil/gas? Is there still need to explore for more oil and gas? What will be the future costs and emission footprint to ensure profitability and reduce risks of stranded assets?