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USO denounces “violations of workers’ rights”

This week, USO reported negligence by Ecopetrol (NYSE:EC), Mansarovar Energy and Duflo regarding workers’ conditions in their facilities, and stressed the need to defend Ecopetrol as a “State owned company.”

Monday, February 6th, 2017
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Equion celebrates its sixth anniversary

Employees of Equion Energy Limited gathered at their Yopal facilities in Casanare, to celebrate the company’s sixth anniversary.

Monday, February 6th, 2017
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Mexico and Colombia

So January is in the books. The groundhogs have pronounced on winter (split decision) and as an old boss of mine used to say with a slight note of panic in his voice “One twelfth of the year has gone by! One third of the first quarter is over! What have we accomplished!”

Monday, February 6th, 2017
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Security and social conflict

Security and social conflict

Last week we separately published graphs of our monthly counts of security incidents and of blockades in all of 2016.

Monday, February 6th, 2017
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Boyacá is not managing royalties well

Boyacá has a royalty budget of CoP$893B to finance 522 projects. However, the fact that there are pending balances for an amount of CoP$86B in 40% of the department’s municipalities is a cause for concern by local authorities.

Thursday, February 2nd, 2017
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“Green growth” Mission

National government presented the “Crecimiento verde” (green growth) strategy. This mission will provide tools to meet pollution targets and implement OECD recommendations. The Ministry of Mines and Energy will join this initiative.

Thursday, February 2nd, 2017
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Now that the Farc are leaving, who will replace them?

It seems like Farc’s mobilization to the concentration rural areas has been successful so far. However, there is concern among public officials over those who are coming to take the Farc’s place in the areas they dominated for decades.

Thursday, February 2nd, 2017
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Things getting better or getting worse?

Things getting better or getting worse?

Our summary statistic went up, but the components acted, well, unexpectedly. As often happens, our qualitative assessment of the month is different from the quantitative.

Thursday, February 2nd, 2017
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Casanare has the most ‘competitive’ oil market

Casanare has the most ‘competitive’ oil market

This week’s “From our Analyst’s Desk” deals with market concentration, an economic concept regulators use to decide if there is or is not sufficient competition in an industry. That was a Colombia-wide view. Here we break down the results by basin.

Wednesday, February 1st, 2017
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Reficar makes headlines again

The Colombian press revealed an investigation with the names of those who, during negotiations with Glencore, approved the entry of CB&I as Reficar’s construction engineering firm.

Wednesday, February 1st, 2017
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