Ecopetrol (NYSE:EC) said that an average of 20,300 people worked on its projects in the first half of 2016 through its network of contractors, and up to 87% of these workers were local hires. This and other Corporate Social Responsibility (CSR) stories in our periodic roundup.
The Minister of Mines and Energy Germán Arce warned that there is a potential that groups with interests in illicit activities have taken to industry blockades negotiate specific demands, and these should not be confused with traditional anti-oil protests.
The Colombian Chamber of Oil Goods and Services (Campetrol) performed a survey among its members and found that between January and May of 2016 blockades and strikes led to lost daily production of 9,000bd.
A forum took place at the Bogotá-based Pontificia Universidad Javeriana, jointly organized by Crudo Transparente and the Pensar Institute, with the aim of discussing the difficult relationship in Colombia between the population and the oil industry. We attended the kick off meeting and brought back this report.
Hydrocarbons Colombia was present at a Campetrol-organized conversation on the peace agreements. We brought back a brief overview of the talk.
The board of directors of the USO oil workers union said that problems in creating a dialogue with Ecopetrol (NYSE:EC) have led it to convoke a general strike of the NOC’s direct and contract workers. The union claimed the strike is necessary to avoid the privatization of Ecopetrol.
The USO said that it has filed a criminal complaint against Ecopetrol (NYSE:EC) president Juan Carlos Echeverry with the Attorney General’s office, accusing him of violating workers’ right to association.
After a hearing ordered by the municipal council of Simacota, Santander, Ecopetrol (NYSE:EC) and Parex Resources (TSX:PXT) have clarified that the participation agreement and nearby project does not involve any unconventional techniques like fracking
Concerned by stagnant execution and technical deficiencies in royalty funded projects in Huila, the director of the National Planning Department Simón Gaviria Muñoz said the entity would assist local leaders to correct the situation, but also left a warning. This and other royalty related stories in our periodic summary.
The Barranquilla Chamber of Commerce sees bright opportunities for the region with an increase in the number of companies interested in locating in the region, and from a wide variety of disciplines. But offshore activity could prove to be key source of growth for the region and attracting new firms is an important part of its strategy.
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