Leadership of the USO met with the Labor Minister Clara López and urged the official to step in as a mediator between the national government, the union and Ecopetrol (NYSE:EC) management, ahead of a possible union strike in October.
Ecopetrol (NYSE:EC)’s plans to auction off non-strategic assets in a special bidding round has received interest from a total of 138 suitors, as the NOC looks to sell off around 20 of its smaller and mature fields and blocks.
Ecopetrol’s (NYSE:EC) president Juan Carlos Echeverry rejected the motives for a planned strike by the USO oil workers in October and said it is a reckless move considering the state of the oil industry.
During the first half of 2016, crude exports from Colombia to the United states increased by 82,000bd, to reach a total of 520,000bd. This amounts to a 18.72% increase compared to the same period last year.
The formal date for the signing of the peace agreement has been set for September 26th, days ahead of the scheduled October 2 plebiscite. The signing ceremony will take place in Cartagena. Meanwhile the Farc have suspended a conference to discuss the agreement within their ranks.
Ecopetrol (NYSE:EC) said that an average of 20,300 people worked on its projects in the first half of 2016 through its network of contractors, and up to 87% of these workers were local hires. This and other Corporate Social Responsibility (CSR) stories in our periodic roundup.
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