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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.

Retail gas stations and wholesale distributors in La Guajira, Colombia’s Atlantic coastal department bordering Venezuela, have closed in protest of the national government’s subsidized gasoline quotas established by MinMinas, Colombia’s ministry of Mines & Energy. La Guajira,...

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 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...

PentaNova Energy has an 80% “beneficial working interest” in the Maria Conchita block.

Ecopetrol (BVC:ECOPETROL; NYSE:EC; TSX:ECP) has announced that effective February 15, chemical engineer Adolfo Tomás Hernández Núñez has been appointed the new vice president of refining and industrial processes for the Colombian-government controlled petroleum company. Hernandez...