BOGOTA, Colombia (AP) — Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S.-owned company that was expected to produce around 90,000 barrels of oil per day, citing environmental concerns. In a nationally televised speech, Petro said he opposed the recent extension of a deal between Ecopetrol and Occidental Petroleum, or Oxy, because it involved extracting oil through frac…

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Colombia's president orders national oil company to cancel US venture over environmental concerns

Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.-based Occidental Petroleum that was expected to produce around 90,000 barrels of oil per day

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BOGOTA, Colombia (AP) -- Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S.-owned company that was expected to produce around 90,000 barrels of oil per day, citing environmental concerns.

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Colombian President Gustavo Petro called on state oil producer Ecopetrol SA to sell its operations in the US, citing his government’s position against fracking, which he says is destructive to nature and humanity.

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Colombia’s president orders national oil company to cancel US venture over environmental concerns

Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S.-owned company that was expected to produce around 90,000 barrels of oil per day, citing environmental concerns.In a nationally televised speech, Petro said he opposed the recent extension of a deal between Ecopetrol and Occidental Petroleum, or Oxy, because it involved extracting oil through fracking, a controversial tec…

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Colombia's president orders national oil company to cancel US venture over environmental concerns - The Morning Sun

Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.-based Occidental Petroleum that was expected to produce around 90,000 barrels of oil per day.

Newsday

During the Council of Ministers that took place this Tuesday in the House of Nariño, and that was broadcast live on television, President Gustavo Petro asked Ecopetrol (ECOPETL) to sell his fracking operation in the United States. See more: Ecopetrol and OXY agree to extend the contract in the Permian Basin in the United StatesThe Colombian president told his Minister of Mines and Energy, Andrés Camacho, “if we are against fracking, I want that …

Durante el consejo de ministros que se llevó a cabo este martes en la Casa de Nariño, y que fue transmitido en directo por televisión, el presidente Gustavo Petro pidió a Ecopetrol (ECOPETL) vender su operación de fracking en Estados Unidos. Ver más: Ecopetrol y OXY acuerdan extender el contrato en la cuenca Permian en Estados UnidosEl mandatario colombiano le dijo a su ministro de Minas y Energía, Andrés Camacho, “si nosotros estamos contra el …

Colombia's president orders national oil company to cancel US venture over environmental concerns

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