Much of Latin America has rebelled against its political leaders in recent weeks. Colombia has not been immune but neither has it been as violent as Chile or Ecuador. When polled, most Colombians identify corruption as the issue that most concerns them. To understand this better, we looked at a recent Transparency International corruption study which compares 18 Latin American and Caribbean countries.
Ecopetrol’s (NYSE:EC) CEO, Felipe Bayón, spoke to El Espectador about fracking and the NOC’s plans abroad. Also, following the path of top global energy firms, Ecopetrol announced that it entered the renewable energy market.
The President of the Colombian Association of Petroleum Engineers (Acipet), Carlos Leal, spoke about what Colombia has achieved in its preparation process to develop fracking, and what is yet to be improved.
The National Environmental Licensing Agency (ANLA) hosted its first territorial dialogue session in the department of Casanare. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The Colombian government presented the National Development Plan (PND) with great expectations about its benefits for the mining and energy sector. However, legal actions against the proposal are generating uncertainty and controversy.