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Colombia’s Ecopetrol to explore in Caribbean

Thursday, December 1, 2016

Colombia’s state-run oil company Ecopetrol will begin off-shore oil exploration in the Caribbean for the first time in its history, the government announced.

The announcement of the National Hydrocarbon Agency came with a range of expansion plans for 2017 for the company that is seeking to improve its competitiveness in times of low oil prices.

Source: Colombia Reports