The National Planning Department (DNP) says that it will dip into resources from the Regional Development and Stabilization Fund and use past surpluses so that the 2015-16 royalty budget can be implemented despite a CoP$6T gap in funding due to the fall in world oil prices.
The USO takes credit for averting “mass lay offs” in Pacific Rubiales (TSX:PRE) after organizing protests in the Rubiales area.
After nearly two months of blockades in Caquetá over an exploration project by Emerald Energy, tensions have elevated the conflict to a new high after riot police cleared protesters by force last week.
The Farc has already stolen 148,000 barrels of oil this year by using illegal valves, meanwhile Cormacarena has established an environmental preservation plan for part of north Macarena. These and other environmental stories in our periodic summary.
A press conference organized to show the advances of the Energy Oil & Gas Services Cluster of Orinoquia in conjunction with the Casanare Chamber of Commerce (CC) brought out some dire figures which show how hard the oil price crisis has hit Colombia’s regions.
Paz de Ariporo oil and agriculture producers discuss preservation of local roads while SENA raises awareness of road safety in Casanare. These and other stories in our periodic roundup of road-related issues.
Oil operations have been stopped at the international oil firm Occidental (NYSE:OXY) in Arauca. Workers have gone on strike to demand a response from the oil firm after heavy rains have caused a scarcity of potable water in the area and have flooded local homes.
Senator Manuel Enríquez Rosero made a call for congress to address the developing social and economic crisis building in Putumayo in its next ordinary session.
The new regional vice president for the Orinoquia region of Ecopetrol (NYSE:EC) Jose Cotello has already drawn a stir in local media after hosting a press trip in the Cupiagua gas plant, where he outlined changes under his watch and objectives for production.
Ocad approves four projects in Tolima, meanwhile the mayor of Yopal requests additional funding for development projects. These and other stories in our periodic roundup.
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