USO celebrated the Union’s new facilities in Sabana de Torres, reiterated its member strength, and called Ecopetrol’s (NYSE:EC) CEO Juan Carlos Echeverry to answer several questions regarding the ‘Reficar scandal,’ in an assembly that will take place next week.
The Corporate Reputation Business Monitor (Merco) and the Department for Social Prosperity (DPS) ranked the companies most-committed to social investment in Colombia. Pacific (TSX:PEN) was the industry’s leader on the list, at number 15.
Barrancabermeja’s City Hall and economic associations will lead an indefinite strike to demand the refinery’s modernization, stopped back in 2010 as a result of the fall in international oil prices.
USO is not happy with Ecopetrol’s (NYSE:EC) decisions regarding Barrancabermeja’s refinery modernization plan, and the alleged ‘persecution to syndical leaders’ the NOC has exerted on its directives. The Union called for social mobilization acts across the country.
It has been a while since the industry has done this well in CSR news. Ocensa, Equión and Ecopetrol (NYSE:EC) reiterated their commitment to the communities of their area of influence, and social investment projects are being successfully developed in Colombian’s rural areas. These and other Corporate Social Responsibility (CSR) in our periodic summary.
Communities of Putumayo say they disagree with the work of Amerisur (LON: AMER) in their region. Some indigenous and farming communities have taken legal action against the company.
Apparently, “reject” is USO’s favorite word since pretty much every single of its statements or headlines start with it. The Union ‘rejected’ the development of oil activities in La Macarena Park and Sierra Macarena Reserve, as well as Ecopetrol’s (NYSE:EC) decisions regarding workers’ wages and working conditions in Cusiana and Reficar.
Casanare Chamber of Commerce (CCC) created the Oil & Gas Cluster to help the services business in Casanare, presenting proposals to improve processes in the oil industry. The first initiative was announced in recent days.
Communities often complain about low hiring of local labor. Authorities have issued a new regulation on this subject for department of Meta.
GeoPark (NYSE: GPRK), Parex (TSX:PXT) and Equion celebrated positive results regarding social development projects in their areas of influence, but strikes in the Casabe field against Ecopetrol (NYSE:EC), and in the Maní municipality against Tuscany Drilling (TSE:TID) for alleged lack of local labor hiring overshadowed the good news. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.