Colombia scored high marks for the competitiveness of its energy sector according to two international studies which also took into account access to energy and how compatible energy policies are with environmental challenges.
Raven Pipeline Colombia, which operates small diameter pipelines, says it has advanced in socialization of its environmental plan, part of the process to obtain a license for its first Project in Colombia in the Paz de Ariporo municipality.
Corporate Social Responsibility (CSR) initiatives that received attention late August and early September include programs from Ecopetrol (NYSE: EC), The Bicentennial Pipeline and Parex Resources(TSX:PXT).
Opponents of the General Royalty System (SGR) got a legal victory after Colombia’s constitutional court accepted the arguments of Senator Juan Lozano that the new system is part of a centralist vision, which is prohibited by the current constitution.
Brazilian NOC Petrobras (NYSE:PBR) has finally confirmed the sale its Colombian subsidiary for US$380M to France’s Perenco as it continues to focus on investment in Brazil.
After almost a month and a half of negotiations, the USO has announced a new general strike among its members working for CB&I (CBI: NYSE), the construction contractor involved in the expansion of the Cartagena Refinery (Reficar).
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