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.
Community leaders in the municipalities of Tame, Arauca and Hato Corozal, Casanare have formally requested a public hearing to voice questions on the environmental impact of oil production in the Llanos 10 block.
Oil producer Equion says it expects net oil production in 2014 to increase slightly to 27,900bd in 2014, compared to 27,000bd in 2013, and addressed accusations that seismic exploration is affecting the environment in Casanare.
The Casanare Department has issued a resolution that will repeal the legality of internal community action committee (JAC) regulations and increase oversight over the entities after detecting a series of irregularities in how they operate.
Community leaders from 22 municipalities in four departments will participate in a march on February 20th, 2014 in Meta capital of Villavicencio that will reject any oil production or exploration activities near the local water sources as the anti-oil sentiment in the region’s communities grows.
The USO launched a series of accusations against Pacific Rubiales Energy (TSX:PRE), one of its favorite targets in the oil industry, taking aim at its STAR secondary recovery technology which the union says has failed.
The accumulated losses from multiples strikes and protests in 2013 cost the Colombian economy a total of CoP$1.8T (US$893.9M), with the largest loss coming from the August 2013 general strike. The oil industry has felt the effect due to reduced transportation options, and frozen fuel prices have eaten into Ecopetrol (NYSE:EC) revenue.
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