Search for your article of interest

Pacific Rubiales will pay Ecopetrol after all

Wednesday, April 17th, 2013 Category: Eye on Ecopetrol
Usefulness:

Pacific and Ecopetrol have been fighting over an escalation clause in the Quifa contract for over a year now. In late March, the day before Pacific was to publish its 2012 annual results, an arbitration board ruled in favor of Ecopetrol. After weeks of saying that there were legal avenues to be explored and pointing out that the arbitration board specifically stepped away from ordering the company to pay, Pacific now says they will honor the decision.

To read the full article, or