News and AnalysIs for

Representatives of Shell (LON: RDSB) and Anadarko (NYSE: APC) were present at the ExpoBarranquilla 2017. They talked about their perspectives and the companies’ plans in the Colombian Coast. Anadarko announced that it had selected the city as its base.

Concerns in the private sector are growing because of recent popular referendums against mining and oil projects in the country. Several municipalities have announced their intention to carry out popular consultations that could affect the development of the mining and oil sector.

Equión and Ecopetrol (NYSE:EC) announced important achievements in CSR projects in the departments of Casanare, Putumayo and Meta; these will drastically improve the quality of lives of several areas. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

While some in the oil industry –and many ‘hard’ miners for that matter – may be offended by our view that there are commonalities, it is becoming hard to deny that the evolving social and political situation for both has common roots and is creating common legal precedents.

We have compiled a list of 18 municipalities that either have had anti-oil/mining referenda, are definitely planning to do so or are known to be working towards a referendum.

Now Part 3 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on the Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting.