Summary

Colombian President Gustavo Petro ordered state-run oil company Ecopetrol to cancel its joint venture with U.S.-based Occidental Petroleum (Oxy) over environmental concerns.

The $880 million project in the Permian Basin, set to produce 90,000 barrels per day, involved fracking, a practice Petro strongly opposes. He urged reinvesting in clean energy instead.

While Colombia bans domestic fracking, this marks the first time it has blocked an overseas fracking deal.

  • demonsword@lemmy.world
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    18 hours ago

    I disagree. You underestimate the amount of people here at my old Latin America that just simps for north americans, no matter what

    • ByteJunk@lemmy.world
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      18 hours ago

      Did they miss how Trump strong-armed the very same Colombia with the immigration planes? Is the misinformation that strong there already?