Recently Ecopetrol (NYSE:EC) gave its annual purchasing strategy presentation to its accredited providers. The chart shows a pie chart of all purchases as well as a breakdown of the Oil Services category.
The new royalty system is taking shape and receiving royalties is no longer “like winning the lottery”, resulting in car purchases and other extravagance, says the director of the National Planning Department (DNP) Tatyana Orozco.
The upcoming Colombia Round 2014 will likely have two phases in order to separate conventional and unconventional resources according to the Minister of Mines and Energy Amylkar Acosta.
In the Putumayo Department, 2014 has kicked off with a wave of violence that has cost 30 lives to date, among them three community leaders and an oil engineer, and the region’s representative to the lower congressional house has called for help from the national government and military.
The office of Alejandro Ordoñez, Colombia’s Inspector General, has met with leaders of three departments bearing the brunt of oil tanker traffic on their roads to form a work committee that will analyze this growing point of contention in oil producing regions.
Corporate Social Responsibility (CSR) Projects for 2014 are already under way, here is a selection of different items that reached press during January of this year, among them projects including technical training, donated trees, infrastructure and more.
The upcoming march on February 20th to protest extractive industry activities near water sources will “derail the Santos’ destructive engine” says the president of Meta’s energy, mining and environmental committee, Timoteo Romero Morales.
Community protests accusing Ecopetrol (NYSE:EC) of not holding up to social investment promises took a violent turn over the weekend, with more than 26 arrests and violent clashes between riot police and protesters.
The USO celebrated its 91st birthday this past week and honored the hallmark date with a long statement that centered on its radical agenda.
During 2013 Pacific Rubiales Energy (TSX:PRE) invested a total of US$67.7M into corporate responsibility projects (CSR) involving indigenous populations in six departments, its CSR manager, Alejandro Jiménez was quoted as saying.
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