Juan Carlos Rodríguez, president of the Colombian Federation of Freight Transporters and Logistics (Colfecar), spoke about the challenges of the truckers’ sector in Colombia.
Ocensa, Repsol (MSE: REP) and Equion updated on the development of successful social investment projects in their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Ecopetrol’s (NYSE: EC) reported its exports metrics for the second quarter of 2018. ECP export distribution is changing, but the United States remains as the principal destination of Colombian crude. The company reported a decrease in this metric compared to previous year, but it increased compared to 1Q18.
Much recent political and media activity surrounded a referendum asking Colombians to vote on seven proposals thought to control corruption. The vote was held yesterday and while it failed to achieve the necessary number of votes to be legally binding, participation was significant and so could impact the broader political landscape.
Colombia’s Natural Gas Association (Naturgas) continued its campaign to promote the use of VNG in the country. Industry experts, however, questioned the viability of the Association’s proposal.
The union gave an update on its perception of the negotiations with Mansarovar Energy and threatening to strike.