More than 10,000 Oil Workers Protest in Colombia
Part of Eastern Colombia’s oil sector shut down this week as workers went on strike amidst protests over the laying off of hundreds of contractors. Canadian oil firm Pacific Rubiales Energy operates the region’s large Rubiales oil field, but has left workers dissatisfied with the conditions of the industry.
The labor dispute was initially triggered by the firing of 1,100 oil contractors by Cepcolsa—Colombian subsidiary of Spanish multinational CEPSA and regional partner with state-controlled Ecoptetrol.
The work stoppage resulted in violent riots, which left six people injured and seven vehicles set on fire. Riot police were deployed to subdue the protests, which involved both employees of regionally operating multinational oil firms and area residents aiming to take back control of Rubiales. Spokespersons for the labor groups say police used excessive force in trying to put down the protests.
According to the president of the CUT labor federation, Tarsicio Mora, contract workers were fired after unionizing to demand better working conditions, pay and social benefits.
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Pacific Rubiales Energy claims that other armed groups joined the protests and briefly occupied the company’s production facilities on Tuesday. The company was forced to halt production, leading to an output shortfall of 177,000 barrels per day, 67 percent of which belongs to Ecopetrol and the Colombian government in the form of royalties.
Colombian Vice President and former labor leader, Angelino Garzon, is mediating the dispute and has been meeting with local and regional authorities, as well as oil industry and labor representatives. Initial attempts at conflict resolution failed, with labor Unions citing increased social ills such as prostitution, environmental and water quality degradation as a result of oil exploration and production in the region. Garzon is urging an immediate end to the protests while encouraging oil companies not to take reprisals against workers and labor leaders.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.