The companies spoke about successful projects that have benefited communities in the departments of Huila, Arauca and Casanare, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Colombia’s Central Bank (Banrep) released 1Q18 Foreign Direct Investment (FDI) figures for the country. This increased in the sector compared to same period last year, but dropped compared to 4Q17. Total FDI decreased in Colombia.
The Colombian oil and gas sector is no stranger to ‘fake news’, especially when it comes to fracking. The ANH decided to reply to one of the most persistent stories.
Colombia wants to take advantage of the Magdalena River’s potential, especially in the transport sector. Authorities have started to promote the development of this important river, but some associations are showing their concerns about the slow progress.
Ecopetrol (NYSE:EC) CEO Felipe Bayón did an interview on local television recently, addressing Reficar, La Lizama and Presidential candidate Gustavo Petro’s alternative view of the oil industry.
About a month ago, one of the country’s leading business newspapers, published an article on Ecopetrol’s (NYSE:EC) results with the brilliant title “Ecopetrol does not give up its position as the leader in hydrocarbons”. Considering that the NOC produces ten times what the next company does this does not show a lot of insightful analysis on the part of the headline writer.
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