While acknowledging that there are long delays in the implementation of royalty projects, which do not always go to the greatest needs, the new system has ended the “super scandals” associated with royalty abuse and corruption.
Ecopetrol (NYSE:EC) and four unions that fill its ranks have started the process to reach a new collective bargaining agreement. The last one was in place from 2009-2014 and Ecopetrol is optimistic that an agreement can be reached during direct talks.
In Meta a tribunal laments the lack of action or interest on road issues from the national government while logistics firm Impala has taken a new, more aggressive strategy to ensuring that transportation contractors comply with routes and regulations. These and other stories involving Colombia’s contested roadways.
The National Hydrocarbons Agency (ANH) held a workshop that covered a number of topics related to security, social conflicts, environment and infrastructure gains for the hydrocarbons industry.
After reaching an agreement that establishes the general terms of the negotiation for a new collective bargaining agreement, representatives from the USO and Ecopetrol (NYSE:EC) started talks in Bogotá on Monday, July 14.
President Juan Manuel Santos, in the heat of his contested re-election promised to restrict the flow tanker trucks on the roads of Huila, promising to ship oil via Ecuador, banning the tankers presence on Sundays and holidays after residents expressed their complaints.
The Minister of Mines and Energy (MinMinas) Amylkar Acosta paid a visit to the Casanare Department to outline an agreement and to dialogue, while the local authorities had plenty of questions and requests for the official to improve the situation in this oil producing region.
The USO never shies from voicing a good conspiracy theory, but this week they ventured past Colombia’s border to denounce what they say is a plan by US, French and Saudi interests to bolster the international price of crude through support of the radical Islamist group ISIS (Islamic State in Iraq and the Levant), and divide the region into separate colonies with the interests of the oil industry in mind.
Ecopetrol (NYSE:EC) goes to school, calls for young talent and names a queen, while Parex (TSX:PXT) shows up with an ambulance and Amerisur helps medical checkups. These and other stories related to Corporate Social Responsibility.
Ecopetrol (NYSE:EC) published a summary of advances made following an agreement with the U’WA community that allowed it to access the damaged Coveñas/Caño Limón pipeline in May. The NOC says it has kept up its part of the bargain but indigenous leaders still oppose exploration activities in the area.
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