Friction between USO’s directives and Ecopetrol (NYSE:EC) continues to dominate the Union’s press statements. USO’s president said Ecopetrol keeps on harassing its members, and disagreements between Independence Drilling, the NOC and workers in Putumayo can escalate into a social conflict if a solution regarding better working conditions is not reached by the end of the week.
Inhabitants of five villages in Guamal held a peaceful strike to protest against the construction of the Trogon platform, to be developed by Ecopetrol (NYSE:EC) and Repsol (MSE:REP).
Not hiring local labor remains a cause for discontent in Magdalena Medio and Meta, but the industry is showing its commitment to the country by developing several infrastructure and social projects in rural Yondó, Puerto Gaitán, several municipalities in Casanare and the Caribbean and Pacific regions. These and other Corporate Social Responsibility (CSR) projects in our periodic summary.
This week, USO reported negligence by Ecopetrol (NYSE:EC), Mansarovar Energy and Duflo regarding workers’ conditions in their facilities, and stressed the need to defend Ecopetrol as a “State owned company.”
Employees of Equion Energy Limited gathered at their Yopal facilities in Casanare, to celebrate the company’s sixth anniversary.
Boyacá has a royalty budget of CoP$893B to finance 522 projects. However, the fact that there are pending balances for an amount of CoP$86B in 40% of the department’s municipalities is a cause for concern by local authorities.
Improve investment and productivity levels, start the production phase in the Lorito and Troglón wells in Guamal, Meta, consolidate 10,000 jobs and educate the locals about the myths around the industry’s impact on the environment are the industry’s five challenges in Orinoquia.
Protests have affected the oil industry significantly over the past several years. However, blockades against the industry decreased last year, compared to data from 2015. The Colombian Petroleum Association (ACP) provided the data.
Frictions between Ecopetrol (NYSE:EC) and the USO in Cartagena, as well as USO Barrancabermeja’s negotiations with Gasoriente were two of the biggest news items of the week. The union is not happy about the NOC’s latest decisions. Shocking!
The situation at Bioenergy is turning unsustainable. A group of locals hindered operations in the ethanol plant once again.
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