According to Colombia’s Chamber of Petroleum Goods and Services (Campetrol), the lack of government support is negatively affecting the industry.
Ecopetrol (NYSE:EC) and Equion spoke about different social investment projects that were developed in their areas of influence, highlighting positive results. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The minor oil spill from the Lizama well generated a controversy between environmentalists, inhabitants and people against the sector. Ecopetrol (NYSE: EC) announced the actions taken to compensate for the damage.
The Colombian Petroleum Association (ACP) made recommendations to the government of Iván Duque to improve the performance of the industry in Colombia.
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.
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