Occidental Petroleum to Leave U'wa Land (tags)
Los Angeles-At its annual shareholder meeting Friday, Occidental Petroleum (NYSE:OXY) announced its plans to return to the Colombian government its controversial Siriri oil block (formally Samore), located on the traditional territory of the U'wa people. This follows a nearly decade-long peaceful campaign by the U'wa to halt the oil project.
Los Angeles—At its annual shareholder meeting today, Occidental Petroleum (NYSE:OXY) announced its plans to return to the Colombian government its controversial Siriri oil block (formerly Samoré), located on the traditional territory of the U’wa people. This follows a nearly decade-long peaceful campaign by the U’wa to halt the oil project.