As usual, the union expressed its non-conformity with Ecopetrol’s (NYSE:EC) management decisions, and said that the implementation of Decree 1668 of 2016 unleashed a social crisis in Sabana de Torres and Huila.
The relationship between communities and the oil industry is complicated in Colombia. Casanare is one of the main producing departments and several communal leaders met to analyze the current situation.
Even though the Collegiate Bodies of Administration and Decision (OCAD) approved important social development projects in the departments of Neiva and Casanare, corruption scandals led to the National Department of Planning (DNP) to closely monitor, and even suspend projects in Casanare and La Guajira. These and other stories in our periodic Royalties summary.
Ecopetrol (NYSE:EC) announced that 98% of its skilled and unskilled labor in Huila are locals, and that social investment programs in 53 municipalities of Colombia are developing in a successful way.These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
This week, USO denounced that social leaders in Magdalena Medio and Puerto Boyacá have been allegedly threatened, and their rights violated by Mansarovar and Ecopetrol (NYSE: EC.)
The people of Cumaral said no to any oil activity in their territory. This decision has generated several opinions throughout Colombia.
Inhabitants of Cumaral (Meta) voted against the development of oil and gas projects in their territories and the results are quite similar to those of Camajarca. The community organized a popular referendum to stop Mansarovar’s projects in Cumaral.
The National Government plans to regulate popular referendums and prior consultations in Colombia. These actions have grown exponentially recently and have affected oil and mining projects.
In a press release, the NOC explained why environment and oil activities are compatible.
Popular referendums have grown exponentially in recent years in Colombia. Several municipalities plan to hold consultations to ban mining or oil activities in their territories.
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