Or even in Latin America. The headline might have upset your board members or institutional investors when it appeared a few weeks ago but it was false. Colombia is not exactly a shining example of public service morality but not the most corrupt in the world or even the region.
This is how the department of Huila has changed its social and economic panorama, thanks to Ecopetrol’s (NYSE:EC) presence in the region.
Ecopetrol (NYSE: EC) and the Rural Development Agency (ADR) signed an agreement to boost local economies.
This report shows that it is possible to achieve a ‘corruption free’ royalty system.
The Colombian Association of Petroleum Engineers (Acipet) reported on its Educational Workshops in oil regions.
It’s that time again when we shut down for the year-end holiday period. Governments and the courts are mostly (or entirely) shut down and we run out news to report. This is our last scheduled newsletter until Monday, January 13th, 2020.
Carlos Leal, President of the Colombian Association of Petroleum Engineers (Acipet), spoke about the recent changes to the General Royalty System (SGR).
The National Hydrocarbons Commission (ANH) hosted an event in Bogotá, to discuss key issues like the recent modifications to the General Royalty System (SGR), with local authorities. HCC attended the event.
Inhabitants of El Morro (Casanare) spoke about the impact that Equion’s Community Meeting Point (PEC) have had on their community. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The National Hydrocarbons Agency (ANH), the Territory Renewal Agency (ART) and the Presidential Council for Stabilization, signed a letter of understanding to develop Development Programs with Territorial Approach (PDET) in oil regions.
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