German Espinosa, President of the Colombian Chamber of Petroleum Services (Campetrol) spoke about oil activities in Colombia, the care of the environment and the industry’s contributions to the regions and the economy of Colombia.
The Ministry implements its Territorial Strategy, Geopark (NYSE:GPRK) participates in a workshop on conflict resolution and Ecopetrol (NYSE:EC) reaches out to La Lizama-affected communities. These and other stories in our periodic CSR summary.
Nothing like a disaster to get the political juices working and the USO is not immune to the temptation. It issued a long diatribe against Ocensa’s reaction to the Hidroituango emergency in the lower Cauca River valley.
Locals in Casanare and Santander denounced that they are feeling displaced by the industry, and demand that companies like Ecopetrol (NYSE:EC), Hocol and Perenco answer their calls. The development of these and more stories in our periodic Eco summary.
Ecopetrol (NYSE: ECP) announced a major project to be carried out in the Cupiagua field. The NOC said that this project will help improve operations in this important field, generate social benefits and increase production.
The NOC spoke about its local contracting figures in Meta during 1Q18, but will these quiet complaints about local hiring?
Companies like Cepsa, GeoPark (NYSE: GPRK) and Equion announced successful infrastructure and education projects in Yopal and Casanare. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Although this mechanism is new in Colombia, it already works in countries like Peru with positive results, and could change the course of the Colombian post-conflict process.
The boom in popular referenda against the oil and mining sector has generated many concerns and debate in the country. The Government’s strategy to stop this wave was to say that it lacked the resources to finance them, but this has generated a new controversy with communities.
The Works-for-Taxes program is one of the most interesting ideas by the Colombian Government that we have seen in a long time. It is long-established in Peru and companies that saw it work there have advocated for its adoption in Colombia.