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Yesterday, the Colombian Superintendence of Industry & Commerce (SIC) issued resolution 12785 of 2020 authorizing the sale of Chevron’s(NYSE: CVX) interest in the Chuchupa and Ballena petroleum fields in La Guajira, Colombia to Ecopetrol  (NYSE: EC) subsidiary Hocol.

Quibdó is the capital of Chocó, Colombia’s largest Pacific-Coast department that is too often neglected by Colombia’s central government when it comes to investment, security and development. Though poverty-stricken and lacking development, Chocó is known for its natural beauty,...

US based petroleum supergiant Chevron-Texaco (NYSE: CVX) and Colombia’s state controlled Ecopetrol (NYSE: EC, BVC: ECO) Subsidiary Hocol have announced the inking of a deal for Hocol to acquire Chevron’s 43% stake and operational responsibility in the Asociación Guajira project,...

Colombian state-controlled petroleum producer Ecopetrol’s (NYSE: EC, BVC: ECO) US subsidiary Ecopetrol America has reached an agreement with US petroleum supergiant Chevron Texaco (NYSE:CVX) to buy into the Mississippi Canyon Block 726 oil field located in US waters in the Gulf...

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land

Chevron Corporation (NYSE:CVX) last week in Bogotá launched a major initiative to support residents of Colombia’s La Guajira department on the country’s Atlantic Coast. The global petroleum giant collaborated with the local Catholic Diocese of Riohacha and many Colombian delivery...