Tag: Colombias
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Colombia’s oil and gas sector plans to award new exploration licenses
The oil and gas sector in Colombia plans to increase the number of new licenses granted in the field of exploration, in an effort by the country’s government to enhance its reserves of the two vital commodities. The Latin country, which is currently experiencing a dire economic situation, represented by skyrocketing inflation rates and a…
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Colombia’s Ecopetrol raises workers’ wages for 4 years
Colombia’s Ecopetrol has struck an agreement with trade unions to raise workers’ salaries in the face of inflation, as well as to support communities near the company’s facilities. And the company stated – in a press release issued on Monday (May 22, 2023) – that it had reached a 4-year contract with 7 unions, which…
