Petrobras, Ecopetrol Permitted to Drill Following Court Ruling
ECEcopetrol(EC) ZACKS·2024-11-05 21:10

The Colombian division of Petrobras S.A. (PBR) , Petrobras International Braspetro BV,and the country’s state-owned energy giant, Ecopetrol S.A. (EC) , have finally received a favorable ruling from the Santa Marta Tribunal to continue with drilling and operational activities in the Tayrona drilling area after a previous setback from the Fourth Labor Court of the Santa Marta Circuit. Previously, the labor court had ruled to halt operations at the Sirius-2 well due to issues raised by the Indigenous Community ...