A draft decree from the Ministry of Environment (MinAmbiente) turned on the alarms for the oil, electricity and infrastructure sectors.
The union said that protests have been taking place in the departments of Sucre and Cesar to reject the alleged breach of agreements by companies like Canacol, Ecopetrol (NYSE: EC) and Cenit.
Corruption cases in Colombia are unfortunately common and there is a new one emerging. The Colombian Attorney General’s office conducted an investigation against Cúcuta former judges, whose decisions affected Ecopetrol (NYSE: EC).
Local authorities spoke about the city’s progress towards becoming an important offshore operation center in the Caribbean region.
The National Hydrocarbons Association (ANH) hosted the “Dialogue for Building a Vision for Territorial Development” roundtable in Yopal (Casanare), where industry and community members were able to discuss social and industry related issues.
Experts in the energy industry said that with such a drastic cut in the industry’s budget; about 10 million users could lose their access to energy service.