The Minister of Mines and Energy German Arce told his home department of Valle de Cauca that the government is clearing the path for a Pacific regasification plant in Buenaventura, but also could be creating a future conflict by insisting it would “be like having a Cusiana field” in the area.
The University of Los Andes and the Law-Firm Palacios Abogados organized a seminar about legal security and community conflict in the mining industry. Some topics discussed at the event are like those in the hydrocarbons sector; we bring a brief summary of the meeting.
Ecopetrol (NYSE:EC) has reported a considerable rise in robberies from its installations and oil infrastructure in Casanare, including the theft of cables, batteries, piping and metallic items, with the incident count up by 200% in 2016.
A public hearing in the Pesca Municipality of Boyacá for a seismic campaign by Maurel & Prom has again received strong community resistance after local leaders and environmentalists allege it would lead to a drought.
The USO accused Ecopetrol (NYSE:EC) of relying on the police to repress union members and force it to accept management’s agenda to leave the current collective bargaining agreement without changes.
The 2017-18 budget for the General Royalty System has passed through its first debate in the joint Senate and Lower House economic commissions, but the debate did uncover many of the complaints against the system and its results.
Ecopetrol (NYSE:EC) has handed out scholarships for rural residents to take on university studies, and distinguished 16 national initiatives with its innovation awards for 2016. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The two largest hydrocarbons-producing departments, Meta and Casanare, get special attention from national and regional media regarding their share and use of royalty funds. Both have a number of what DNP calls ‘critical’ projects.
The Colombian Oil Engineer Association (ACIPET) said that focusing on the established resources and potential exploration projects must also include an effort to better inform communities and counter misinformation being given about oil activities.
The ongoing debate on the General Royalty System (SGR) and its upcoming budget has consolidated the primary criticism of the system: it fails to create any meaningful, large scale projects for Colombia’s region.