Slowly but surely, Infrastructure for Taxes has been positioning itself as one of the industry’s main opportunities to positively impact Colombia’s rural areas. Politicians highlighted the development of its first project from the oil and gas industry using this program. Our Bottom-Line returns to the theme of local and elite communications as it applies here.
Ecopetrol (NYSE:EC), Equion and GeoPark (NYSE: GPRK) spoke about the successful development of their social investment projects in their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
I was in Canada over the year-end holidays and got to spend a lot of time watching television sports (a favorite pastime). That also meant I watched a lot of commercials which, these days, means watching a lot of ads for the Trans Mountain Pipeline.
The boom of anti-oil referendums in producing regions keeps generating concerns in the industry. The municipalities are still trying to develop these mechanisms (despite the Constitutional Court’s ruling that they have no force) and the Yopal Council ruled on this issue.
Ecopetrol (NYSE:EC) spoke about its successful social investment projects in Arauca, Meta and Putumayo. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The Minister of Mines and Energy (MinMinas), Maria Fernanda Suarez, highlighted the importance of the industry for Colombia’s social and economic development, especially in the department of Santander.
After days of protests in Ecopetrol’s (NYSE:EC) Cupiagua field (Casanare), communities decided to sit down and talk. Here is what both parties agreed on. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The Vice Minister of Mines and Energy (MinMinas), Carolina Rojas, took the stage of the VIII Canada – Colombia Forum to talk about royalties, communities and the mining industry. We attended so our Bottom-Line goes beyond the MinMinas press releases.
The Minister of Environment (MinAmbiente), Ricardo Lozano, visited communities in Cauca to talk about their concerns in regards to a sustainable development. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The Colombian oil sector has faced times of great legal uncertainty in recent years due to the boom in anti-oil referendums. Many communities have spoken out against the development of oil activities in their territories. However, a case in favor of the industry happened in the municipality of Ortega in the department of Tolima.