Last week the Constitutional Court approved the government’s proposed referendum on the peace agreements with the Farc. The Colombian people still have their say, but the last legal hurdle has been surmounted.
The government and striking truckers signed an agreement last Friday to end a violent and costly 45 day strike, which affected various other economic sectors. Now the first details of the agreement have started to reach press
The government has rejected the takeover of the Ecopetrol (NYSE:EC) Gibraltar gas plant by the U´wa indigenous people in Norte de Santander, but ruled out taking it back by force until it has exhausted all other options.
The USO has offered up its services as a mediator between the government and U’wa indigenous people to end the occupation of Ecopetrol’s (NYSE:EC) Gibraltar plant.
Crude production fell below the 900,000bd mark, presenting a 1.79% slide compared to May 2016 to reach 888,000bd, as the government blamed low oil prices for the fallen produ
We might have called this ‘Small is Beautiful’. Comparing the national public oil companies (NOCs) using published financial results for 2015, the larger ones are ‘profitability challenged’ and the smaller ones do better.
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