The Colombian Chamber of Oil Goods and Services (Campetrol) executive president Rubén Dario Lizarralde has called for royalty funds which are not assigned to projects be returned to producing regions for development projects.
Ecopetrol (NYSE: EC), is under fire for not following through on CSR commitments in Pompeya while Gran Tierra Energy (TSX:GTE) donates a pediatric wing to the Mocoa hospital. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
In Meta a meeting between USO and Ecopetrol (NYSE: EC) executives brought a 15 day protest to a halt, while the union gears up for talks with Mansarovar Energy and supports a strike in Tibú.
The National Hydrocarbons Agency (ANH) has put out a call for successful cases of social development and Corporate Social Responsibility (CSR) projects in regions with hydrocarbons production.
Over 1,000 royalty projects are at risk of having their approval revoked while Santander’s royalty income takes a bigger hit than expected. These and other stories in our periodic roundup.
Ecopetrol installs new water infrastructure in Meta and plans to build educational infrastructure in Cupiagua. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
The National Planning Department (DNP) published a statement in which it highlighted the arrival of royalty projects to all of Colombia’s departments, and said that things are going well.
The Santander Governor Richard Aguilar Villa said that he was able to confirm an official visit from Ecopetrol (NYSE:EC) president Juan Carlos Echeverry to discuss the future of the Barrancabermeja Refinery and address employment alternatives.
Ecopetrol (NYSE: EC) president Juan Carlos Echeverry and the USO president Edwin Castaño coincided at a private event in Bogota, where the USO says that Castaño addressed his concerns about the statement the executive made April 7th on smaller oil fields and a supposed inconsistency in the figures presented on the number of Ecopetrol wells.
Colombia’s State Council suspended the legal effects of a norm issued by the National Mining Angecy and Ministry of Mines and Energy that created 516 mining zones, rules which had loosened prior consultation requirements. Industry representatives say this is a blow to the production potential and creates unclear rules.
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