Attempting to offset risk and reduce spending, Colombia’s state-controlled Ecopetrol is considering selling stakes in some production assets this year, National Planning Department head Simon Gaviria told Bloomberg. The company is reportedly getting back to basics and focusing on its core oil operations in the low-priced environment, thus it is open to farming out stakes in other non-core projects as well as selling off its 43% interest in midstream company Invercolsa SA.The price collapse,......
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