The Colombian oil company Ecopetrol announced she will not be renewing mid-May-2016 the contract allowing Pacific Rubiales’ exploitation activities in the most important oil field of the country, handing over to the state-managed Colombian company the last 65 000 barrels per day of its production.
Members of the Indigenous community of Cerro Tijeras in northern Cauca Department, south-western Colombia, have been killed and others possibly forcibly disappeared. Further death threats against Indigenous Peoples in the area have also been reported.
From August 15-30 2015, a new Caravan for the Defense of the Land will take place in Colombia, with the goal of shedding light on the human rights situation and land issues in both urban and rural areas. It will also denounce the prison crisis and the country's extradition policies.
Ecopetrol's decision to take back control of the Rubiales field will imply heavier investment for it to sustain output and now raises the pressure on Canada's Pacific Rubiales to replace the future loss of nearly half its production, analysts say.
Ecopetrol announced on Friday it would not renew a contract in mid-2016 under which Pacific Rubiales operates the field, putting the latter's 65,000 barrel per day share of output back in the Colombian state-run company's hands.
Colombia's main oil workers' union, the USO, will hold an indefinite strike, its president told Reuters on Wednesday, in protest at widespread job cuts in the sector after a plunge in crude oil prices, but no start date has yet been set.