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Communities & CSR

CSR Summary: El Morro, Equion form coexistence manual

Equion has reached an agreement with the presidents of 18 Community Action Committees of the El Morro settlement and created a “manual of coexistence” in order to form a set of rules and guidelines to build a more constructive relationship. This and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Tuesday, November 1st, 2016
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USO starts review of ECP labor agreement

The USO said that it has started a review of its collective bargaining agreement with Ecopetrol (NYSE:EC), two years after signing the latest labor accord with the NOC, but made no mention of its plans to hold a company-wide strike.

Monday, October 31st, 2016
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Penalize royalties of communities blockading oil industry, proposes ACP

Among the proposals sent to the National Planning Department (DNP) as part of the royalty budget discussion by the Colombian Petroleum Association (ACP) is a mechanism to penalize communities whose frequent protests paralyze the oil industry.

Monday, October 31st, 2016
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Questions on the local effects of Ecopetrol’s asset sale

Ecopetrol’s (NYSE:EC) 2016 competitive round will sell off around 20 smaller fields to outsider bidders, and a report from Huila unveils some of the local concerns that this plan is causing.

Wednesday, October 26th, 2016
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Royalty Summary: CoP$90.6B in production incentives in 2016

The Ministry of Mines and Energy (MinMinas) gave an update of the funds awarded as part of its “production incentive program” which awards municipalities for meeting production goals. In 2016 the ministry has awarded CoP$90.6B (US$27.4M) to projects. This and other royalty related stories in our periodic summary.

Tuesday, October 25th, 2016
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USO to participate in tax reform protest on October 27

The USO will be one of several unions and political parties that are planning a nationwide action on October 27th to protest the government’s pending tax reform and its alleged consequences.

Monday, October 24th, 2016
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MinAmbiente forms Putumayo committee

The Ministry of Environment (MinAmbiente) said that it has formed a special committee in Putumayo which will mitigate the effect of “inadequate practices of hydrocarbons production”. The committee includes 13 mayors and local authorities and institutions.

Tuesday, October 18th, 2016
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Conflicting court decision on extractive vote

Further clouding who has authority to allow or restrict extractive activities, the Constitutional Court has ruled municipalities have the right to decide whether extractive activities, mining in this specific case, can take place. National authorities and industry associations have expressed concern.

Monday, October 17th, 2016
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USO barrels toward Ecopetrol strike

The USO continues with its preparation in different regions ahead of a planned general strike of its large base of affiliates employed by Ecopetrol (NYSE:EC).

Monday, October 17th, 2016
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State Council halts citizen referendum

The State Council ordered the halt of a citizen referendum on mining activity planned for Ibagué on October 30th, following an injunction filed by a representative of the Mining and Hydrocarbons Association of Tolima.

Thursday, October 13th, 2016
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