The Colombian Association of Oil Engineers (ACIPET) held the XVI version of its Oil & Gas Congress last week, leading to a flurry of comments about the current state of the oil industry and its professionals from authorities and observers.
The fall in oil prices has caused a rethinking of budgets and projects, cutting into the potential for unconventional resources but not stopping any programs completely.
Equion supports sustainable poultry production in Casanare, while community members in Trinidad criticize Pacific Exploration & Production (TSX:PRE) for its alleged lack of support in road improvements. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
After nearly two years and the intervention of the Labor Ministry, the USO say that they have forced Petrosantander to the negotiating table, despite the fact the company’s workers are already unionized under a different organization.
The sharp and precarious fall of oil prices has been felt from the Toronto Stock exchange, where most of Colombia’s operators are listed, all the way down to villages in the Colombian Llanos.
Pacific Exploration & Production (TSX:PRE) says that its Puerto Bahía port facilities in Cartagena have officially started operations.