Blockades in the departments of Santander, Meta and Casanare present delays in production for Ecopetrol (NYSE:EC.)These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Continuing an unfortunate tradition, June was a bad month for oil prices. Maybe traders must close out their positions at the end of the quarter or end-of-half but the price slide started in June 2014 and since then this period of the year has not been a happy one.
Leon Teicher is Chairman of the Board of Continental Gold, a Canadian mining company operating in Antioquia who has contributed frequently to HCC on social and economic issues.
Some other countries that allocate few resources to generate alternative energies are Venezuela and Argentina.
The attacks on pipelines are not the only headache for oil companies. Illegal groups are using other methods to affect the sector’s performance.
Ecopetrol (NYSE: EC) plans to recover the lost ground during the oil crisis. The company has big plans and investments to achieve it in the medium term.
The union showed its discontent with the situation at Barrancabemerja Refinery, and gave an update on its work with communities in Sabana de Torres and Santurban.
During the Hydrocarbons Forum that took place in Yopal (Casanare,) former President Álvaro Uribe and his five pre-candidates for the presidency made recommendations to achieve a more sustainable and progressive oil activity in Colombia.
The country has huge expectations for the offshore industry and authorities aim to bootstrap this sector. The Ministry of Commerce talked about this issue and gave her perspectives.
The Colombian Chamber of Goods and Services (Campetrol) talked about the potential of unconventional oil deposits in the country and the options to solve the reserves deficit in the short term.
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