Ingecoleos is sanctioned for poor oil waste treatment practices in Aguazul while a mysterious yellow gas at the Barrancabermeja refinery raises concerns. These and other environmental stories in our periodic summary.
MinMinas asked for comments on its 2015 action plan but gave the public only two business days to do so. We were surprised by the distribution of importance but maybe we should not have been.
Ecopetrol invests in Putumayo, Norte de Santander while the Cartagena Refinery (Reficar) was accepted into the Global Compact. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
Incident counts were down to 22 as were non-Armed Forces reported incidents but we do not like the qualitative feel of what is happening.
At the end of November 2014, reports surfaced that the Cartagena Refinery would be functional in January 2015 and see its commercial launch in August 2015. But in Ecopetrol’s (NYSE:EC) latest earning results, management said that once again, that timeframe will be pushed back.
With figures on the development of 6,770 royalty projects from 2012-14, the fact that 77.14% of projects have advanced to the hiring of services is being heralded by the National Federation of Departments (FND) while the Controller General is worried about those that have not advanced.
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