• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 3 hours China has invested btw $30 - $40 Billon in Canadian Oil Sands. Trump should put 10% tariffs on all Chinese oil exported into or thru U.S. in which Chinese companies have invested .
  • 13 mins Tit For Tat: China Strikes Back In Trade Dispute With U.S. With New Tariffs
  • 13 hours Iran Is Winning Big In The Middle East
  • 1 hour Trump vs. Xi Trade Battle, Running Commentary from Conservative Tree House
  • 3 mins It's Not the Job of the Government to Dictate Where Businesses Should Go
  • 11 hours Strong, the Strongest: Audi To Join Mercedes, BMW Development Alliance
  • 14 hours IS ANOTHER MIDDLE EAST WAR REQUIRED TO BOLSTER THE OIL PRICE
  • 24 hours Trump cancels Denmark visit amid spat over sale of Greenland
  • 15 hours Not The Onion: Vivienne Westwood Says Greta Thunberg Should Run the World
  • 23 hours OPEC will consider all options. What options do they have ?
  • 12 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 7 hours Recession Jitters Are Rising. Is There Reason To Worry?
  • 13 hours Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources
OPEC Turns Bearish On Oil

OPEC Turns Bearish On Oil

In its latest monthly report,…

Global Renewables Investment To Hit $13.3 Trillion By 2050

Global Renewables Investment To Hit $13.3 Trillion By 2050

Global investments in renewable energy…

Colombian Oil Workers Disrupt Production, Army Sent In

Striking Colombian oil workers last week disrupted production at Canadian Pacific Rubiales Energy Oil Company’s Campo Rubiales facility.

The company estimates that production losses have amounted to 177,000 barrels of oil daily.

Canadian Pacific Rubiales Energy Oil Company issued a statement noting, "during the past few years, Pacific Rubiales Energy has invested more than $3 billion in Colombia. It has operations in six departments, employing directly about 1,500 people, and generating more than 12,000 indirect jobs" and blamed the unrest on outside agitators, Bogota’s El Espectador reported.

The company maintains that the workers had their rights violated when they were forced to cease their activities against their will, "And they also received threats of retaliation in case of not supporting the cessation of activities."

The company’s press release said that Colombian government public security officials sent reinforcements to the field under the command of General Jairo Salguero Casas, Commander of the 7th Brigade and that subsequently, "several security personnel and civilians who were not involved in acts of vandalism sustained injuries and were treated by the medical staff of Pacific Rubiales Energy assigned for field operations," adding that subsequently "security forces under the command of General Alejandro Navas, commander of the Colombian Army and of General Jose Roberto Leon Riano, Director of Operations of the National Police, took control of the Rubiales field facilities."

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play