Colombia's president orders national oil company to cancel US venture over environmental concerns
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.
https://apnews.com/article/colombia-ecopetrol-oxy-fracking-petro-254a102d26b3c17dc8bfadc1ba37659eOpen linkView original on lemmy.world
13 replies
I find it deliciously ironic that a man named Petro has so much animosity for the petrochem industry.
Nominative un-determinism?
This is the first petrostate I feel like I can get behind.
Perhaps motivated a bit by Trump's recent bullying by threatening tariffs.
I know he's not too popular at home but the more I hear about this guy the more I like him
It sounds like all this could give him a boost?
Standing up to trump will.
I disagree. You underestimate the amount of people here at my old Latin America that just simps for north americans, no matter what
Did they miss how Trump strong-armed the very same Colombia with the immigration planes? Is the misinformation that strong there already?
decades of indoctrination wouldn't change simply because of that
Yeah but "strong man" machismo standing up to "strong man" trump does have benefits.
He recently visited Mexico and stayed at Palacio Nacional (the Mexican president current residence). There was no negotiation, talk, conference or any kind of diplomatic visit scheduled. He just came and stayed at our president's home. Petro, you dawg.
And Mexico's president supports fracking. Even has a project of her own
She definitely got fracked.