Reuters was first to report Colombia’s state-run oil company Ecopetrol has asked the oil regulator to suspend contracts for two fracking pilot projects for 90 days. The two projects — being developed in Santander province by Ecopetrol and U.S. oil major Exxon Mobil Corp — have faced stiff resistance from environmental groups and could be halted outright if a law, backed by the administration of new leftist President Gustavo Petro, passes congress. |
Energy
Reuters reveals Colombia’s Ecopetrol asks to suspend fracking contracts for 90 days
13 September 2022, 6:12 pm. 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Equities
Regions: South America
Countries: Colombia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
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