The USO has finalized the collective bargaining schedule for this year after deciding to file a new list of terms and withdraw from its current collective bargaining agreement with Ecopetrol (NYSE:EC).
The mining and energy boom has brought economic benefits says Senator Jose Name, who also charges that the industry has destabilized the Colombian peso, wrecked local agriculture and carries grave social and environmental risks.
Local communities are not only active players in the extraction process they are also important for the process to be successful, and to do so agreements must be made and the government should play a strong role as observer and ensure that in detail that promises are met on both sides, according to an executive with Pacific Rubiales Energy (TSX:PRE).
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 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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