Colombia’s president orders national oil company to cancel US $880M venture

https://financialpost.com/pmn/colombias-president-orders-national-oil-company-to-cancel-us-venture-over-environmental-concerns

30 comments

  1. Trump made them cave they said…. Trump keeps winning they said. Unfortunately for him he has the vision of an old badger and no concept of further consequences of his actions.

    Well done Colombia 🇨🇴

  2. No one should do new contracts with the US … or Russia.

  3. An unpredictable investor is the worse kind. No matter the terms. They may offer the best terms but if you can’t trust them to keep it, it is the worst investment

  4. Since the U.S. doesn’t keep its word, why enter into a contract or treaty? Just make them buy transactionally on the open market at premium rates.

  5. I wouldn’t be surprised if a few oil barons from Alberta, Canada swoop in.

  6. I feel like Trump is a very annoying boss that spawns randomly, now every nation is trying to kite him.

  7. 1. Repatriate immigrants to Colombia, handcuffed, on military planes
    2. Threaten sanctions when Colombia refuses to accept repatriations in that matter
    3. Agree to better repatriation terms
    4. Claim complete victory
    5. Colombia starts cutting ties with US, including private ventures

    # ಠ_ಠ

  8. You get a tariff and you get a tariff!! Everyone gets a tariff!

  10. Guys the article has nothing to do with Trump.

    Quote

    In a nationally televised speech, Petro said he opposed the recent extension of a deal between Ecopetrol and Occidental Petroleum, or Oxy, because it involved extracting oil through fracking, a controversial technique used to extract oil and gas from shale rock that has been criticized by environmental groups.

    Unquote

  11. Nice to see someone taking action on behalf of the environment.

  13. And this is why trump didn’t ‘win’ on tariffs despite what MAGA said

  14. He renegotiated NAFTA first term and now calls it one of the worst and most unfair deals in the world.

    agreements with the USA might as well be written on toilet paper because they are worthless.

  16. I am starting to wonder if I can rent out my house here and move to Columbia and use that money.

  17. This will be the new norm. Countries will do bare minimum to not get tariffed. No new deals and let all the old ones end without renewal.

    Countries going to make trade pacts with each other. Avoid the US, seeing how easy deals can be broken and canceled by Trump.

    I can see US employees and companies moving abroad or at least opening new offices to avoid the Feds.

  18. Americans will have to learn the hard way with what they voted for. 
    Not all of us voted for Trump. Punishment is deserved but I can promise anyone country reading this, I am so sorry. 

    Ps.  Is there a mail order American bride system? Asking for a friend. 

  19. Thank you, Donald Trump for making America really great again.And thank you for hating on with the rest of the world for no reason

  20. inb4 a US puppet is installed after a coup in Colombia. You don’t fuck with the Oil Mafia and Big Daddy Oil (US).

  21. And china will fill the void. We are now France digging the canal in Panama. Failing and another country comes in and finishes it. A country with alot of money and ability to build. Hmmm…

  23. winning!! lol then this oil goes to China. good job trumpies

  24. So due to the deportations there will be less remittance payments and then this guy cancels the other thing making money?

  25. So much winning MAGA. I hope each and every one of you suffer greatly by 2028. I’m talking serious financial losses, poor health, unfortunate events happening to your loved ones, everything. Seriously. Fuck you!

  27. Investment in Canada will also be affected. I think that our relationship with the US is tenuous and anyone thinking of in investing in Canada may have to think twice given Trump’s behaviour towards us and his 51st state BS.

  28. That’ll lower the price of fuel, right? RIGHT?

    And it’s not like cheap fuel is important for transporting things like eggs.

    Yup, that’s what my wife is getting for Valentine’s Day. One fraction of a newly minted Egg-coin.

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