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State Council sends ECP injunction back to lower court

Thursday, April 21st, 2016 Category: Regulations & Policy

The State Council ruled against Ecopetrol (NYSE:EC) and said that an administrative ruling that stemmed from a public referendum against oil activities in Tauramena was not its business, and rather it should be decided by a different court. Local press have labeled it as a win for the residents opposed to exploration and production activities.

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