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Reuters

Reuters

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Business & Economics

Colombia's Ecopetrol renews joint venture with Occidental Petroleum in Permian basin

Reuters
Summary
Nutrition label

81% Informative

Colombian energy company Ecopetrol says it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin.

There had been uncertainty over the future of the joint venture.

The two companies agreed a separate contract to develop the Delaware sub-basin until 2027 .

VR Score

90

Informative language

96

Neutral language

63

Article tone

formal

Language

English

Language complexity

71

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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