This article studies the reversion of the de Mares Concession managed by the Tropical Oil Company, a subsidiary of Standard Oil of New Jersey, and the creation of the Colombian Petroleum Company, ECOPETROL, in 1951. The role of different social and political actors is analyzed. Special attention is lent to the powerful National Association of Industrialists, ANDI. In contrast to other Latin American cases during the first half of the twentieth century, ECOPETROL was the result of the expiry of a contract with a multinational enterprise, not the consequence of nationalist pressures and/or expropriations. Besides this, the evidence shows that the Colombian petroleum workers did not play a major role in the creation of ECOPETROL; this refutes the existing literature on the topic. ECOPETROL was the result of negotiations that took place exclusively among sectors of the Colombian elite, North American capital, and the U.S. government.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Volume (Year): 5 (2002) Issue (Month): 1 (January-June) Pages: 117-46 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:abp:hehehe:v:5:y:2002:i:1:p:117-46
Contact details of provider: Postal: Secretaria da ABPHE Rua Curitiba, 832, 9° andar Belo Horizonte, MG 30170-120 Brazil Phone: 55-21-2629-2948 Fax: 55-21-2629-2948 Email: Web page: http://www.abphe.org.br/ More information through EDIRC
Order Information: Postal: Secretaria da ABPHE Rua Curitiba, 832, 9° andar Belo Horizonte, MG 30170-120 Brazil Email: Web: http://www.abphe.org.br/revista/
For technical questions regarding this item, or to correct its listing, contact: (Hugo Cerqueira).
Related research
Keywords:
Find related papers by JEL classification: N86 - Economic History - - Micro-Business History - - - Latin America; Caribbean F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business N76 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Latin America; Caribbean O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels