Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.-based Occidental Petroleum that was expected to produce around 90,000 barrels of oil per day.
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In a nationally televised speech, Petro said he opposed the recent extension of a deal between Ecopetrol and Occidental Petroleum, or Oxy, because it involved extracting oil through“I want that operation to be sold, and for the money to be invested in clean energies,” Petro said in a meeting with his Cabinet that was livestreamed on social media. “We are against fracking, because fracking is the death of nature, and the death of humanity.
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