News and AnalysIs for

A new problem begins to emerge for Ecopetrol (NYSE: EC) due to the fact that the USO initiated blockades in different strategic points the departments of Meta and Casanare.

Operations at Ecopetrol’s (NYSE: EC) Cantagallo field (Bolívar) were halted once again, this time, by 70 workers thatstarted a blockade demandingbetter labor conditions. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

A panel discussion at the recent Campetrol Expo Oil & Gas 2017 entitled “Viable environments for sustainable petroleum development” showed more agreement than controversy. The moderator was disappointed.

The union said that it has fought very hard to assure a dignifyed health system for Ecopetrol’s (NYSE:EC) workers, and will continue to defend it despite the alleged bad decisions that the NOC’s management has taken in this regard.

Canada’s Ambassador, Marcel Lebleu, visited Putumayo to check in on the projects that Gran Tierra Energy (TSX: GTE) and the International Development Cooperation Society (Socodevi) are developing in the department. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

The union said that workers at transporting company UT Logis could go on strike, and blamed Ecopetrol (NYSE: EC) for alleged negligence when dealing with workers’ demands.

The oil sector is facing great uncertainty as a result of the boom of anti-oil referendums around the country. The Colombian Association of Petroleum Engineers (Acipet) has taken legal action against these processes to defend the rights of workers in the sector.

The firms spoke about their projects in Huila, Antioquia and Meta. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

A decree currently analyzed by the Colombian President’s office would empower  indigenous communities to approve or deny permits to develop industry projects in their territories.

The oil sector in Colombia faces a lot of uncertainty because of social unrest. Those against the industry argue that it does not contribute to rural development, but a study by the Colombian Petroleum Association (ACP) shows the opposite.