Colombian President Directs National Oil Company to Halt US Venture Due to Environmental Concerns

Colombian President Gustavo Petro instructed Ecopetrol to terminate a joint venture with a U.S.-based company citing environmental apprehensions. The venture aimed to yield approximately 90,000 barrels of oil daily, as per the announcement. Petro expressed, "We oppose fracking as it signifies the demise of nature and humanity." Environmental advocates contend that fracking poses risks to water contamination and seismic activity.