Finance Colombia

72% Of All SIC Platform Complaints Against Airlines In Colombia Filed Against Avianca

Colombian air travel passengers have battled with airlines over fare refunds more than any other complaint during the Coronavirus COVID-19 Pandemic, according to the Superintendence of Commerce.

Posted On June 20, 2020

, By Loren Moss

Colombian Government Approves Sale Of Gas Field Interest From Chevron To Ecopetrol’s Hocol

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.

Posted On April 8, 2020

, By Loren Moss

Über Restarts Operations In Colombia With Altered Legal Operating Model

Thursday, ride-hailing platform Über restarted its Colombian operations with a modified legal operating model, after adverse rulings and harassment from the taxi sector were able to cause the company to cease operations in the country a month ago.

Posted On February 26, 2020

, By Loren Moss

Guest Opinion: A Signal of Caution For Direct Investment in Colombia—Über VP of Global Public Policy

Über's Vice President Justin Kintz shares thoughts on the disappointing environment in Colombia for ride-sharing & alternative transportation methods.

Posted On January 16, 2020

, By Justin Kintz

Photo credit Felipe Balduino from Pexels

off

Rappi Sued In US Federal Court For Misappropriation of Trade Secrets

Case number 4:2019cv07415 filed in the Northern District of California names Jorge Uribe, Jose David Mendoza, Mauricio Paba Serje and Jose David Mendoza Macanaz as plaintiffs against Rappi, Inc., RAPPI S.A.S. and Simon Borrero Posada.

Posted On January 14, 2020

, By Loren Moss

off

Uber To Cease Operations In Colombia At Month’s End

Uber will cease services in Colombia on midnight, January 31. This comes after Colombia’s commercial regulatory authority, the Superintendencia de Industria y Comercio (SIC) ordered Uber to cease operations in Colombia.

Posted On January 10, 2020

, By Loren Moss

Video footage where SIC head Andrés Barreto rules Uber illegal in Colombia

off

Colombian Government Issues Cease & Desist Order to Uber, But Uber Continues to Operate

Colombia’s commercial regulatory authority, the Superintendencia de Industria y Comercio (SIC), has ordered popular ride hailing platform Uber to cease operations in Colombia. So far Uber has rejected the order, indicates it is appealing, and continues to operate. Uber is very...

Posted On December 28, 2019

, By Loren Moss

off

Chevron Sells Colombia Upstream Operations To Ecopetrol Subsidiary Hocol

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,...

Posted On November 29, 2019

, By Loren Moss

Photo credit: John Dickinson, Chorley UK

off

Chevron Texaco Gets Regulatory Go-Ahead To Complete Purchase Of Primax Interest In Fuel Terminals In Colombia

Chevron Petroleum has received a green light from Colombia’s Superintendency of Industry and Commerce (Superintendencia de Industria y Comercio) to purchase Peru-based Primax’s interest in their jointly owned petroleum terminals in the Cali suburb of Yumbo, and the Pacific port...

Posted On May 15, 2019

, By Loren Moss