According to Colombia’s Chamber of Petroleum Goods and Services (Campetrol), the lack of government support is negatively affecting the industry.
The oil sector faces many challenges to operate in Colombia, but attacks on infrastructure and insecurity are two of the main ones. The Ministry of Mines and Energy (MinMinas) spoke on this issue and the communities’ role in this issue.
The union announced that it submitted the list of requests to Ecopetrol´s (NYSE:EC) management, to start negotiations of a new Collective Labor Agreement.
Activities at Coveñas Caño Limón (CCL) were suspended for 180 days due to ELN attacks and oil theft.
The union reacted to Fasecolda’s Jorge Humberto Botero’s proposal to sell the government’s shares in Ecopetrol (NYSE:EC).
Social unrest and insecurity continue to affect operations of oil companies and their facilities. This time, the Trasandino oil pipeline is affected.
Members of the Police and the Army confirmed that the ELN participated in the massacre where seven Farc dissidents were killed. The development of these and other stories in our periodic Security summary.
Through a statement, the union protested arguing that Ecopetrol (NYSE: EC) still pays wages and provides benefits to officials involved in the ‘Reficar scandal’.
The National Hydrocarbons Agency (ANH) planned to carry out seismic research in Boyacá, but the public became convinced that the project would lead to fracking, generating a great discussion and social unrest. The ANH is said to have decided to suspend the project.
The National Army and the Police spoke about successful operations against FARC dissidents and ELN members in Arauca, Casanare and Nariño. The development of these and other stories in our periodic Security summary.