In a voting session of five against one, the Constitutional Court revoked the popular consultation that took place in the municipality of Cumaral (Meta), in June 2016.
The process of post-conflict and land restitution is advancing, but this has generated some controversy over land ownership and control where oil projects are developed. Amerisur Resources (LON: AMER) talked about a controversy generated with communities in the department of Putumayo.
Important firms like Ecopetrol (NYSE:EC), Ocensa and Frontera Energy (TSE: FEC) spoke about the projects they are currently developing to improve the quality of life in their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The firm provided important news on its Llanos-25 Block, with results from its Acorazado-1 exploration well.
The Board of Directors of Gas Natural S.A. announced a new president for the company, who started working immediately.
The ‘boom’ of the anti-oil referendums put several projects around Colombia in check, and communities continue with the intention of blocking the development of oil projects. A referendum against the Porton is once again on the table
Oil prices were up in 3Q18 but investors in Colombian-focused stocks seemed to shrug that off. Only Ecopetrol (NYSE:EC) and Gran Tierra (TSX:GTE) were up over the quarter.
Surtidora de Gas del Caribe (Surtigas) has managed to grow its operations in the country, especially on the Caribbean coast. The company completed 50 years of operations in Colombia with excellent results.
The Siona de Buenavista Indigenous Community, located on the banks of the Putumayo River, denounced that Amerisur is allegedly polluting its water sources with the development of its Platanillo field.
Amerisur Resources (LON: AMER) announced its exploration plans in the block Platanillo, located in the Putumayo basin. The company is optimistic about the potential results from this important area.
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