The USO says that a strike of contracted workers last week has “changed the dynamics” of negotiations to reach a new collective bargaining agreement with Ecopetrol (NYSE:EC), but warned that much work is still pending to reach the final accord.
In his inaugural speech of his second term, President Juan Manuel Santos told the Farc that Colombians had their limits. However, incidents went up to 48, well above recent and long-term averages.
Ecopetrol (NYSE:EC) was responsible for more than half of the research and development projects certified by state innovation and research agency Colciencias to obtain tax benefits in 2013.
Strikes, blockades and demonstrations flared up this week in different parts of the country and sectors, all supporting a wide variety of causes, but with one central target: the oil industry.
Parallel to the process to receive victims of Colombia’s long standing armed conflict, Farc and government peace delegates have agreed to form a sub-commission that will approach the idea of a definitive bilateral cease fire.
Gran Tierra Energy (TSX:GTE) say its overall production fall by 8% sequentially and 9% yearly to reach 20,121boed in the second quarter of 2014, after a protracted sales cycle for a new customer and pipeline disruptions in Colombia accounted for a drop of 1,293boed.
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