Industries lose $4.3 mn per quarantine day but support the measure

After departmental authorities determined a rigid quarantine on weekends, the Chamber of Industry and Commerce of Cochabamba (ICAM) indicated that, for each day of suspension of activities, the sector stops generating 30 million bolivianos ($4.3 mn); however, it assured that the industries would comply with the determinations.


Petrobras rejects $61.1 million lawsuits and announces defence

Petróleo Brasileiro S.A. (Petrobras) informs that its integral subsidiary Petrobras Bolivia S.A. (PEB) was ordered in the first instance to pay compensation for using the property where the San Alberto field facilities located in the amount of $61.1 million, plus interest and costs. The judgment also imposes precautionary measures against the oil company. PEB informs that it appealed to a higher instance, such as the Agro-environmental Court of Sucre, where the case evaluates currently.