Colombia’s Caribbean region has been identified as the territory where royalty investments have been the most mismanaged, while local departments reflect on royalty investments over the three year span of the General Royalty System (SGR). These and other royalty-related stories in our periodic summary.
During a hearing to release the results of a joint sustainable project between the industry and community in Aguazul, Casanare the Vice Minister of the Interior Carlos Ferro Solanilla praised the efforts and results of both the community and hydrocarbons sector.
The oil industry offered its support for road work in Casanare, meanwhile the community in Puerto Gaitán calls for more social contributions and hiring from a local operator. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
The National Planning Department highlighted the importance of royalty resources for the post-conflict era, and has outlined changes being made to make their use more efficient.
The USO is planning a general strike in Ecopetrol’s (NYSE:EC) fields and facilities on November 17th, which it claims is necessary to protect against mass layoffs being planned by multinationals.
Written deep in the Southern Llanos, a local paper goes into an anti-oil rant that essentially says even those that had seen production activities in a positive light are left without any arguments because the benefits of having the resource nearby do not materialize.
Ecopetrol has unveiled a number of projects being carried out jointly with the state training agency Sena, while Hocol detailed its social investments and local goods and services spending in Meta and surrounding areas. These and other stories in our periodic roundup of Corporate Social Responsibility (CSR) projects.
Led by the Casanare Chamber of Commerce (CCC), 12 business leaders from the local Oil & Gas Services Cluster participated in a trade mission to the United States to explore new markets and make business ties in hopes of stimulating their business.
Emboldened by the recent decision for Ecopetrol (NYSE:EC) to directly operate the Rubiales field, the USO has now taken direct issue with the NOC president Juan Carlos Echeverry, who the union claims is dismantling the company to be privatized and targeting workers in favor of multinationals.
Nearly three thousand Colombians have benefited from Ecopetrol’s (NYSE:EC) professional training initiative over the last year, while Hocol invests in sponsoring local festivals. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.