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inkeinspires.com > Business > Colombia’s president orders national oil company to sell US fracking operation after backing down to Trump
Business

Colombia’s president orders national oil company to sell US fracking operation after backing down to Trump

MTHANNACH
Last updated: February 5, 2025 12:38 pm
MTHANNACH Published February 5, 2025
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The president of Walser-Wealth Management, Rebecca Walser and the CEO and co-founder of the group, Lili Gil Valletta, will discuss the world leaders in the pricing threats of President Trump on the `winner ”.

Colombian President Gustavo Petro ordered the State managed by the State to sell its operations in the United States on Tuesday, saying that they would reinvest Green Energy Funds.

Petro announced This decision at a cabinet’s television meeting this week, arguing that the company, Ecoptrol, cannot be “for death and not for life”. The order concerns a planned joint venture between Ecoptrol and the Western Petroleum, or Oxy, the oil company belonging to the United States. The agreement had to produce some 90,000 barrels of oil per day, but Petro now says that it opposes it because it is based on hydraulic fracturing.

“I want this operation to be sold and money is invested in clean energies,” said Petro at the meeting. “We are against hydraulic fracturing, because hydraulic fracturing is the death of nature and the death of humanity.”

“There is no other way for humanity than to stop the path of fossil fuels,” he added. “This does not happen because the oil companies beat us, because we are afraid of them. I am not afraid of them.”

A victory for Trump’s “ fafo ‘: how the White House both in hand with arms is an ally of Colombia on immigration

Petroleum efforts by Colombia in the United States occur after President Donald Trump has threatened enormous prices against the country. (Chip Somodevilla / Getty Images / Getty Images)

This decision comes a few weeks later Petro fell to President Donald Trump And allowed the United States to move forward by deporting Colombian illegal immigrants outside the United States and returning to their country of origin.

The Colombian leader breaks quickly after Trump threats, offers a presidential plane for expulsion flights

At the end of January, American officials sent two flights of Colombian illegal immigrants as Trump expulsion program. Petro rejected thefts, writing that the United States cannot “treat Colombian migrants as criminals”.

Trump immediately retaliated immediately, promising 25% prices on all of Colombia goods, a ban on traveling to representatives of the Colombian government and other steep financial sanctions. He said the prices would reach up to 50% next week and insisted that the migrants returned were “illegal criminals”.

Aptopix Panama Migrants

Colombian migrants stand in channels while preparing to get on an airplane for expulsion at Marcos A. Gelabert from Albrook in Panama City. (Photo / agustin herrera / ap images)

Petro first retaliated with his own 25% prices on Colombian exports to the United States, insisting that he would not accept the return of migrants who were not treated with “dignity and respect” and who had arrived chained or on military planes.

However, in the midst of an intense political pressure from his own government, the Marxist guerrilla warfare watered for American requests.

President Donald Trump participates in a signature ceremony after its inauguration on January 20, 2025, in the president's room at the American Capitol in Washington, DC also present: the head of the majority of the Senate, Senator John Thune (RS.D .), The leader of the Senate minorities, Senator Chuck Schumer (DN.Y.), Senator Deb Fischer (R-NE), Senator Amy Klobuchar (D-MN), Vice-President JD Vance, Melania Trump , the president of the Mike Johnson room (R-La (R-La (R-La (R-La), the head of the majority of the Steve Scalie (R-La) and the chief of the room Hakeem Jeffries (D-NY).

President Donald Trump signed dozens of decrees on his first day in power, and he continues to sign more. (Melina Mara-Pool / Getty Images / Getty Images)

Get Fox Affairs on the move by clicking here

The White House later confirmed this weekend that the President of Colombia had given in “to all the conditions of President Trump, including the without restriction of all Illegal aliens From Colombia has returned from the United States, including on American military aircraft, without limitation or delay. “”

Michael Dorgan of Fox News, the Associated Press and Reuters contributed to this report

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