Reuters reveals Colombia’s Ecopetrol asks to suspend fracking contracts for 90 days

by DailyBriefers
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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.

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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