Through the National Federation of Departments, Colombia’s governors have held an extraordinary meeting to align themselves and call on the government to release royalty funds assigned in the 2013-14 budget in their entirety.
Community buildings and common grounds were inaugurated in Pore with an investment from Parex Resources (TSE:PXT) and Geopark (NYSE:GPRK), while Ecopetrol invests in a production project and computer equipment in Castilla la Nueva. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
USO affiliated workers with oil services firm Weatherford (NYSE:WFT) came to an agreement ending a nearly month long strike.
The Colombian Chamber of Oil Goods and Services (Campetrol) and the Casanare Chamber of Commerce (CCC) signed an agreement as part of the new Oil & Gas Orinoquia services cluster to improve communication and cooperation.
Corrales locals speak out against deteriorating roads and authorities call on Coviandes to react to the high amount of deaths occurring on the Villavicencio-Bogotá highway. These and other stories in our periodic roundup of road-related issues.
The Minister of Mines and Energy (MinMinas) Tomás González made a visit to a mayors meeting in Yopal to announce the distribution of financial assistance to oil producing municipalities affected by the drop in oil prices. Over 50 municipal mayors attended the meeting in Yopal.
The Interior Ministry’s Vice Minister has called for hydrocarbons sector participation in regional development, meanwhile Pacific Rubiales (TSX:PRE) develops an agribusiness collective. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
The USO has added another conflict point to its menu, as some 25 oil transportation workers protested in the Coveñas port against the port services firm Serviport, blocking the boarding of an oil ship.
The National Mining Congress included a presentation of the ‘Mining Compass’, a commissioned study that found growing pessimism for the future of the industry, but an improvement in the general public opinion facing this industry.
The General Comptroller has released comments on the royalties budget for 2015-2016, criticized the slow pace at which royalties projects are being executed and highlighted an unrealistic reference price per barrel of oil. These and other stories in our periodic roundup.
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