Ecopetrol Spills 15,000 barrels of Crude Oil in Last 3 Years, Colombia

•The Colombian oil company, Ecopetrol, due either to the poor condition of piping and equipment or other operational difficulties, has spilled 15,000 barrels of crude oil thus endangering the environment per portafolio.co.
•The Comptroller of Colombia points out Ecopetrol’s lack of attention to the environment in the areas in which it operates.
•The company recognizes that piping systems have been in poor repair and is planning to replace and repair 9,000 kilometers of pipelines in areas such as Caldas, Valle and Magdalena Medio, an investment of $600 million USD.
•In the last two years, the company has received fines of 775 million pesos for contaminating areas in Meta, Tolima and Nariño.
•Ecopetrol emphasizes that it is committed to the environment pointing to its 988 billion pesos invested in the environment in 2010. Read Article