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Category: Ecuador

Ecuador energy

EP PetroEcuador Completes Merger With PetroAmazonas
Ecuador Latin America and Caribbean

EP PetroEcuador Completes Merger With PetroAmazonas

ENERGY ANALYTICS INSTITUTE (EAI)04/01/202114/01/2021
(Energy Analytics Institute, 4.Jan.2021) — The long awaited merger of Ecuador’s two state oil and gas entities EP PetroEcuador and PetroAmazonas EP was approved by the South American country’s President...
Trafigura Wins Bid To Import Premium Diesel
Ecuador Latin America and Caribbean

Trafigura Wins Bid To Import Premium Diesel

ENERGY ANALYTICS INSTITUTE (EAI)08/12/202015/12/2020
(Energy Analytics Institute, 8.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Trafigura Pte. Ltd. a deal to import 2,800,000 barrels of premium diesel. Trafigura won the deal with a differential...
EP PetroEcuador Excludes Vitol From List Of Providers
Ecuador Latin America and Caribbean

EP PetroEcuador Excludes Vitol From List Of Providers

ENERGY ANALYTICS INSTITUTE (EAI)06/12/202016/12/2020
(Energy Analytics Institute, 6.Dec.2020) — EP PetroEcuador will exclude Vitol Inc. from its list of suppliers due to the recent corruption case under investigation in the United States with respect...
Insurance Companies Offer Coverage To PetroEcuador
Ecuador Latin America and Caribbean

Insurance Companies Offer Coverage To PetroEcuador

ENERGY ANALYTICS INSTITUTE (EAI)05/12/202015/12/2020
(Energy Analytics Institute, 5.Dec.2020) — Representatives of insurance companies Latina and Hispana resolved to join forces and present a single offer to safeguard the integrity and safety of the people,...
Novum Energy Wins Bid To Import Cutter Stock
Ecuador Latin America and Caribbean

Novum Energy Wins Bid To Import Cutter Stock

ENERGY ANALYTICS INSTITUTE (EAI)02/12/202015/12/2020
(Energy Analytics Institute, 2.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Novum Energy Trading Corp. a deal to import 1,260,000 barrels of cutter stock. Novum won the deal with a...
B.B Energy Wins Bid To Import Naphtha Ron 80
Ecuador Latin America and Caribbean

B.B Energy Wins Bid To Import Naphtha Ron 80

ENERGY ANALYTICS INSTITUTE (EAI)27/11/202016/12/2020
(Energy Analytics Institute, 27.Nov.2020) — Ecuador’s state entity EP PetroEcuador awarded B.B Energy (Asia) PTE. LTD. a deal for the importation of 1,180,000 barrels of naphtha ron 80. B.B Energy...
PetroEcuador’s Merino Is The New ARPEL Chairman
Ecuador Latin America and Caribbean

PetroEcuador’s Merino Is The New ARPEL Chairman

ENERGY ANALYTICS INSTITUTE (EAI)26/11/202015/12/2020
(Energy Analytics Institute, 26.Nov.2020) — EP PetroEcuador General Manager Ricardo Merino was appointed Chairman of the Board of the Association of Oil, Gas and Biofuel Companies in Latin America and...
The Esmeraldas Refinery To Produce High Quality Diesel
Ecuador Latin America and Caribbean

The Esmeraldas Refinery To Produce High Quality Diesel

ENERGY ANALYTICS INSTITUTE (EAI)24/11/202015/12/2020
(Energy Analytics Institute, 24.Nov.2020) — Maintenance work at the non-catalytic units #2 and #3 of the Las Esmeraldas Refinery included repair work on the static, rotating, and electrical equipment as...
Esmeraldas Refinery To Undergo Maintenance Work
Ecuador Latin America and Caribbean

Esmeraldas Refinery To Undergo Maintenance Work

ENERGY ANALYTICS INSTITUTE (EAI)24/11/202025/11/2020
(Energy Analytics Institute, 24.Nov.2020) — EP PetroEcuador general manager Ricardo Merino supervised scheduled maintenance work at the non-catalytic units 2 and 3 of the Esmeraldas Refinery. Work on the units...
Work Starts On Vuelta Larga, Tabiazo, Crnel Highways
Ecuador Latin America and Caribbean

Work Starts On Vuelta Larga, Tabiazo, Crnel Highways

ENERGY ANALYTICS INSTITUTE (EAI)19/11/202025/11/2020
(Energy Analytics Institute, 19.Nov.2020) — EP PetroEcuador general manager Ricardo Merino and Esmeraldas prefect Roberta Zambrano participated in the start of road rehabilitation work along the Vuelta Larga, Tabiazo and...
Ecuador Inaugurates $34.3mn La Concordia Line
Ecuador Latin America and Caribbean

Ecuador Inaugurates $34.3mn La Concordia Line

ENERGY ANALYTICS INSTITUTE (EAI)13/11/202022/11/2020
(Energy Analytics Institute, 13.Nov.2020) — The new $34.3mn La Concordia-Pedernales transmission line in Ecuador will enhance productive, tourist and residential development in the Manabí province. Of the amount, the Inter-American...
EP PetroEcuador Awards $54.8mn Insurance Policy
Ecuador Latin America and Caribbean

EP PetroEcuador Awards $54.8mn Insurance Policy

ENERGY ANALYTICS INSTITUTE (EAI)12/11/202015/11/2020
(Energy Analytics Institute, 12.Nov.2020) — Ecuador’s state oil and gas company EP PetroEcuador awarded an $54.8mn insurance to Hispana de Seguros to cover all oil risks as well as maritime...
PetroAmazonas EP Producing 408,163 B/D
Ecuador Latin America and Caribbean

PetroAmazonas EP Producing 408,163 B/D

ENERGY ANALYTICS INSTITUTE (EAI)12/11/202015/11/2020
(Energy Analytics Institute, 12.Nov.2020) — Production from Ecuador’s state entity in charge of oil and gas exploration and exploitation, PetroAmazonas EP, reached 408,163 barrels per day (b/d) on 12 November...
Petroamazonas EP Gets New Manager Franklin Paredes
Ecuador Latin America and Caribbean

Petroamazonas EP Gets New Manager Franklin Paredes

ENERGY ANALYTICS INSTITUTE (EAI)08/11/202022/11/2020
(Energy Analytics Institute, 8.Nov.2020) — The Board of Directors of PetroAmazonas EP, led by the Ecuador's Minister of Energy and Non-Renewable Natural Resources René Ortiz and the Chairman of the...
CEOs At PetroEcuador And PetroAmazonas Resign
Ecuador Latin America and Caribbean

CEOs At PetroEcuador And PetroAmazonas Resign

ENERGY ANALYTICS INSTITUTE (EAI)03/11/202007/11/2020
(Energy Analytics Institute, 3.Nov.2020) — The CEOs of Ecuador state oil entities EP PetroEcuador, Ricardo Merino, and PetroAmazonas EP, Juan Carlos Bermeo, resigned within a 24-hour period over the weekend,...
Executives At Ecuador’s State Oil Entities Resign
Ecuador Latin America and Caribbean

Executives At Ecuador’s State Oil Entities Resign

ENERGY ANALYTICS INSTITUTE (EAI)02/11/202003/11/2020
(Reuters, 2.Nov.2020) — The chief executives of Ecuador’s two state-owned oil companies resigned over the weekend ahead of a planned merger of the two firms, the country’s energy ministry said...
Ecuador Spot Oil Sales Between 2017-2020
Ecuador Latin America and Caribbean

Ecuador Spot Oil Sales Between 2017-2020

ENERGY ANALYTICS INSTITUTE (EAI)29/10/202007/11/2020
(Energy Analytics Institute, 29.Oct.2020) — EP PetroEcuador conducted 14 crude oil spot sales between 2017 and 2020, daily newspaper El Universo reported 29 October 2020. Details from Ecuador’s Energy Ministry...
Ecuador Eyes Suspending Spot Oil Sales In 2021-22
Ecuador Latin America and Caribbean

Ecuador Eyes Suspending Spot Oil Sales In 2021-22

ENERGY ANALYTICS INSTITUTE (EAI)29/10/202007/11/2020
(Energy Analytics Institute, 29.Oct.2020) — Ecuador eyes suspending spot sales of crude oil during 2021 and 2022 with the aim of resuming them in 2023, daily newspaper El Universo reported...
Ecuador Ends Maintenance At Shushufindi Gas Plant
Ecuador Latin America and Caribbean

Ecuador Ends Maintenance At Shushufindi Gas Plant

ENERGY ANALYTICS INSTITUTE (EAI)28/10/202019/11/2020
(Energy Analytics Institute, 28.Oct.2020) — EP PetroEcuador finalized scheduled maintenance at the Shushufindi Gas Plant located in the Sucumbíos province. Work activities took place over 14 days and included an...
EP PetroEcuador Restarts Activities At SOTE
Ecuador Latin America and Caribbean

EP PetroEcuador Restarts Activities At SOTE

ENERGY ANALYTICS INSTITUTE (EAI)18/10/202020/10/2020
(Energy Analytics Institute, 18.Oct.2020) — EP PetroEcuador restarted operations at the 360,000 barrel per day capacity Trans-Ecuadorian Pipeline System (SOTE by its Spanish acronym) after completion of construction works on...
EP PetroEcuador Initiates ISO Certification Process
Ecuador Latin America and Caribbean

EP PetroEcuador Initiates ISO Certification Process

ENERGY ANALYTICS INSTITUTE (EAI)12/10/202020/10/2020
(Energy Analytics Institute, 12.Oct.2020) — EP PetroEcuador initiated the ISO 37001 certification process for an anti-bribery management system, which in its initial stage targets the contracting and purchasing processes at...
Q&A: Ecuador Moving From Crisis To Opportunity
Ecuador Latin America and Caribbean

Q&A: Ecuador Moving From Crisis To Opportunity

ENERGY ANALYTICS INSTITUTE (EAI)08/10/202028/10/2020
(Argus, 8.Oct.2020) — Since leaving Opec in January, Ecuador has been hit by oil market shocks, the Covid-19 pandemic, oil pipeline ruptures, and a staggering legacy of corruption in the...
Ecuador To Ink China Oil-backed Loan In Nov.: Ortiz
Ecuador Latin America and Caribbean

Ecuador To Ink China Oil-backed Loan In Nov.: Ortiz

ENERGY ANALYTICS INSTITUTE (EAI)07/10/202028/10/2020
(Argus, 7.Oct.2020) — Ecuador hopes to sign a new $1.4bn oil-backed sovereign credit agreement with China next month that would restructure existing loans and encourage competition among Chinese oil trading...
Ecuador Sues Odebrecht For $281mn Breach Of Contract
Ecuador Latin America and Caribbean

Ecuador Sues Odebrecht For $281mn Breach Of Contract

ENERGY ANALYTICS INSTITUTE (EAI)07/10/202012/10/2020
(Energy Analytics Institute, 7.Oct.2020) — Ecuador is suing CNO SA, formerly known as Construtura Norberto Odebrecht SA, for $281mn for breach of the construction contract for the pipeline Pascuales Cuenca...
Ecuador Names New Deputy Mines Minister
Ecuador Latin America and Caribbean

Ecuador Names New Deputy Mines Minister

ENERGY ANALYTICS INSTITUTE (EAI)06/10/202014/10/2020
(Energy Analytics Institute, 6.Oct.2020) — Ecuador’s Minister of Energy and Non-Renewable Natural Resources René Ortiz commissioned César Vásquez as the country’s Deputy Minister of Mines. Vásquez is a mining engineer...
IMF OKs $6.5bn Extended Facility For Ecuador
Ecuador Latin America and Caribbean

IMF OKs $6.5bn Extended Facility For Ecuador

ENERGY ANALYTICS INSTITUTE (EAI)01/10/202005/11/2020
(IMF, 1.Oct.2020) — The Executive Board of the International Monetary Fund (IMF) approved a 27-month extended arrangement under the Extended Fund Facility (EFF) for Ecuador, with access equivalent to SDR...
Ecuador Awaits Refinery Bids In December
Ecuador Latin America and Caribbean

Ecuador Awaits Refinery Bids In December

ENERGY ANALYTICS INSTITUTE (EAI)23/09/202020/10/2020
(Argus, 23.Sep.2020) — Ecuador will receive bids to operate its 110,000 b/d Esmeraldas refinery on 22 December, a process that marks the end of state-owned PetroEcuador's downstream monopoly in the...
Ex-Vitol Trader Indicted In US Probe Of Ecuador Bribes
Ecuador Latin America and Caribbean

Ex-Vitol Trader Indicted In US Probe Of Ecuador Bribes

ENERGY ANALYTICS INSTITUTE (EAI)22/09/202023/09/2020
(Bloomberg, 22.Sep.2020) — A former manager at Vitol Group, the world’s largest independent oil-trading firm, was indicted for allegedly bribing Ecuadorian government officials to get business for his firm with...
Ecuador To Invest $1.2mn In El Cantón Arajuno Projects
Ecuador Latin America and Caribbean

Ecuador To Invest $1.2mn In El Cantón Arajuno Projects

ENERGY ANALYTICS INSTITUTE (EAI)11/09/202016/09/2020
(Energy Analytics Institute, 11.Sep.2020) — Authorities from Ecuador's Ministry of Energy and Non-Renewable Natural Resources (MENRNR) and the autonomous decentralized government of Arajuno announced development of electrical infrastructure in the...
Ecuador Announces PPS For Renewable Projects
Ecuador Latin America and Caribbean

Ecuador Announces PPS For Renewable Projects

ENERGY ANALYTICS INSTITUTE (EAI)08/09/202014/09/2020
(Energy Analytics Institute, 8.Sep.2020) — Ecuador revealed details of a public selection process (PPS) for a private sector concession for a block of non-conventional renewable energy projects, also known as...
New NW Operating Center To Service Over 50,000 Users
Ecuador Latin America and Caribbean

New NW Operating Center To Service Over 50,000 Users

ENERGY ANALYTICS INSTITUTE (EAI)07/09/202014/09/2020
(Energy Analytics Institute, 7.Sep.2020) — The Quito Electric Company (EEQ by its Spanish acronym) announced initial operations on 7 September 2020 at the Northwest Operation Center and Los Bancos Agency...
Ecuador Briefs: MENRNR Appointments
Ecuador Latin America and Caribbean

Ecuador Briefs: MENRNR Appointments

ENERGY ANALYTICS INSTITUTE (EAI)02/09/202014/09/2020
(Energy Analytics Institute, 2.Sep.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR) announced new appointments at EP PetroEcuador and SCAN. Merino Avendaño Appointed New EP PetroEcuador General Manger...
Ecuador’s Oil Output At 512,439 B/d: MERNNR
Ecuador Latin America and Caribbean

Ecuador’s Oil Output At 512,439 B/d: MERNNR

ENERGY ANALYTICS INSTITUTE (EAI)01/09/202003/09/2020
(Energy Analytics Institute, 1.Sep.2020) — South America’s Ecuador, formerly a member of the Organization of Petroleum Exporting Countries (OPEC), announced production of crude oil reached 512,439 barrels per day on...
Ecuador Announces Date Of Consent Solicitation
Ecuador Latin America and Caribbean

Ecuador Announces Date Of Consent Solicitation

ENERGY ANALYTICS INSTITUTE (EAI)28/08/202024/09/2020
(Ecuadorian Government, 28.Aug.2020) — The International Monetary Fund (IMF) announced today that it had reached a staff-level agreement on a new funded program for the Republic of Ecuador. Accordingly, the IMF...
EP PetroEcuador And PetroAmazonas EP To Merge
Ecuador Latin America and Caribbean

EP PetroEcuador And PetroAmazonas EP To Merge

ENERGY ANALYTICS INSTITUTE (EAI)28/08/202009/09/2020
(Energy Analytics Institute, 28.Aug.2020) — Ecuador’s state oil and gas entities EP PetroEcuador and PetroAmazonas EP have been given the go ahead for a merger that will go into effect...
EP PetroEcuador Closes 4th Spot Sale For Napo Oil
Ecuador Latin America and Caribbean

EP PetroEcuador Closes 4th Spot Sale For Napo Oil

ENERGY ANALYTICS INSTITUTE (EAI)26/08/202003/09/2020
(Energy Analytics Institute, 26.Aug.2020) — EP PetroEcuador held the last spot tender of the year, and in so doing awarded the export of 5,400,000 +/- 5% barrels of Napo crude...
EP PetroEcuador Awards Import Of NAO RON 93
Ecuador Latin America and Caribbean

EP PetroEcuador Awards Import Of NAO RON 93

ENERGY ANALYTICS INSTITUTE (EAI)25/08/202003/09/2020
(Energy Analytics Institute, 25.Aug.2020) — EP PetroEcuador awarded the importation of 2,950,000 barrels of High-Octane Naphtha (NAO) RON 93 to Trafigura Pte, which won the auction offering a differential of...
EP PetroEcuador Exports Industrial Residue To France
Ecuador Europe Latin America and Caribbean

EP PetroEcuador Exports Industrial Residue To France

ENERGY ANALYTICS INSTITUTE (EAI)18/08/202021/08/2020
(Energy Analytics Institute, 18.Aug.2020) — EP PetroEcuador exported tons of industrial waste from the Esmeraldas Refinery for final disposal at treatment plants in France and with all the necessary permits...
MENRNR Authorizes Cos. For Conolophus Project
Ecuador Latin America and Caribbean

MENRNR Authorizes Cos. For Conolophus Project

ENERGY ANALYTICS INSTITUTE (EAI)17/08/202016/09/2020
(Energy Analytics Institute, 17.Aug.2020) — The technical commission delegated by Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR) to carry out the public selection process (PPS) of the Conolophus...
EP PetroEcuador Obtains Permits From MAAE
Ecuador Latin America and Caribbean

EP PetroEcuador Obtains Permits From MAAE

ENERGY ANALYTICS INSTITUTE (EAI)15/08/202018/08/2020
(Energy Analytics Institute, 15.Aug.2020) — EP PetroEcuador, through the Suez-Ecuambiente consortium, obtained cross-border permits from Panama and France, as well as authorization from the Ministry of the Environment and Water...
Trafigura Wins Tender For 6.5 MMbbls Of Oriente Oil
Ecuador Latin America and Caribbean

Trafigura Wins Tender For 6.5 MMbbls Of Oriente Oil

ENERGY ANALYTICS INSTITUTE (EAI)14/08/202018/08/2020
(Energy Analytics Institute, 14.Aug.2020) — Ecuador’s state oil company EP PetroEcuador awarded the third spot market sale of 2020 for a volume of 6,480,000 barrels of Oriente crude oil of...
Officials From Ecuador And US Discuss Investments Ops
Ecuador Latin America and Caribbean

Officials From Ecuador And US Discuss Investments Ops

ENERGY ANALYTICS INSTITUTE (EAI)31/07/202002/08/2020
(Energy Analytics Institute, 31.Jul.2020) — Ecuador’s hydrocarbon ministry head René Ortiz and other authorities from Ecuador’s energy sector held a working meeting 28 July 2020 with the US assistant secretary...
Argentine Court Rejects Ecuadorian Judgment Against Chevron
Argentina Ecuador Latin America and Caribbean

Argentine Court Rejects Ecuadorian Judgment Against Chevron

ENERGY ANALYTICS INSTITUTE (EAI)31/07/202001/08/2020
(Chevron, 31.Jul.2020) — Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string...
Centro Sur Reveals Second Phase Of La Troncal Project
Ecuador Latin America and Caribbean

Centro Sur Reveals Second Phase Of La Troncal Project

ENERGY ANALYTICS INSTITUTE (EAI)30/07/202002/08/2020
(Energy Analytics Institute, 30.Jul.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR by its Spanish acronym), through Empresa Eléctrica Regional Centro Sur CA (CentroSur), delivered to the market...
PetroAmazonas Reduces Activities In Block 43-ITT
Ecuador Latin America and Caribbean

PetroAmazonas Reduces Activities In Block 43-ITT

ENERGY ANALYTICS INSTITUTE (EAI)29/07/202027/10/2020
(Energy Analytics Institute, 29.Jul.2020) — PetroAmazonas EP will reduce its work capacity by 30% in Block 43–ITT (Ishpingo, Tambococha, Tiputini), located in Orellana province, for 45 days. The decision was...
Ecuador Eyes Its First LNG Import Terminal
Ecuador Latin America and Caribbean

Ecuador Eyes Its First LNG Import Terminal

ENERGY ANALYTICS INSTITUTE (EAI)27/07/202005/08/2020
(Argus, 27.Jul.2020) — US firm Sycar plans to build Ecuador's first LNG import terminal, with construction expected to start in 2021. Sycar, in partnership with an unnamed LNG trading firm,...
Ecuador Seeking New Oil-backed Loan From China
Ecuador Latin America and Caribbean

Ecuador Seeking New Oil-backed Loan From China

ENERGY ANALYTICS INSTITUTE (EAI)13/07/202014/07/2020
(Argus, 13.Jul.2020) — Ecuador's austerity-minded government is in discussions with China to secure a new loan backed by oil sales. The fresh loan of at least $1.4bn would be secured...
PetroEcuador Continues With Elimination Process
Ecuador Latin America and Caribbean

PetroEcuador Continues With Elimination Process

ENERGY ANALYTICS INSTITUTE (EAI)12/07/202014/07/2020
(Energy Analytics Institute, 12.Jul.2020) — Technical staff with the Consortium Suez-Ecuambiente continues with previous work related to the export of hazardous waste from the Las Esmeraldas refinery, which consists of...
Ecuador Seeks Private Co. To Operate Esmeraldas
Ecuador Latin America and Caribbean

Ecuador Seeks Private Co. To Operate Esmeraldas

ENERGY ANALYTICS INSTITUTE (EAI)10/07/202011/07/2020
(Energy Analytics Institute, 10.Jul.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) together with state controlled EP PetroEcuador plan to define the contractual mechanism for a private investor...
MERNNR Extends Offers For El Aromo And Villonaco
Ecuador Latin America and Caribbean

MERNNR Extends Offers For El Aromo And Villonaco

ENERGY ANALYTICS INSTITUTE (EAI)10/07/202011/07/2020
(Energy Analytics Institute, 10.Jul.2020) — René Ortiz, the head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) extended terms for the delivery of technical and economic offers --...
Ecuador Eyes Mining Investments Of $1.3bn
Ecuador Latin America and Caribbean

Ecuador Eyes Mining Investments Of $1.3bn

ENERGY ANALYTICS INSTITUTE (EAI)09/07/202024/10/2020
(Energy Analytics Institute, 9.Jul.2020) — Ecuador envisions mining exploration investments of $1.3bn through January 2022, according to comments from the country’s Mines Vice Minister Fernando L. Benalcázar. Benalcázar’s comments came...
MERNNR Works On Slowing Coca River Water Flow
Ecuador Latin America and Caribbean

MERNNR Works On Slowing Coca River Water Flow

ENERGY ANALYTICS INSTITUTE (EAI)08/07/202016/07/2020
(Energy Analytics Institute, 8.Jul.2020) — René Ortiz, head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR), CELEC EP General Manager Gonzalo Uquillas Vallejo, and Ecuador’s Hydrocarbon Vice Minister...
Renewables Key To LatAm Economic Recovery
Ecuador Latin America and Caribbean

Renewables Key To LatAm Economic Recovery

ENERGY ANALYTICS INSTITUTE (EAI)08/07/202010/07/2020
(Reve, 8.Jul.2020) — The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables driven energy transformation at the heart of...
Kichwa People Return To Ecuadorian Court
Ecuador Latin America and Caribbean

Kichwa People Return To Ecuadorian Court

ENERGY ANALYTICS INSTITUTE (EAI)02/07/202002/07/2020
(Amazon Watch, 2.Jul.2020) — Now 8 years since the court’s decision, the community will once again demand the Ecuadorian government comply with the ruling that requires the removal of buried...
EP PetroEcuador Awards Spot Sale To Phillips 66 Co.
Ecuador Latin America and Caribbean

EP PetroEcuador Awards Spot Sale To Phillips 66 Co.

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202015/07/2020
(Energy Analytics Institute, 30.Jun.2020) — EP PetroEcuador awarded the second spot market sale of 2020 to US refining company Phillips 66 Company. The sale is for 3,600,000 barrels of Oriente...
Ecuador Crude Pipelines Brace For Further Erosion
Ecuador Latin America and Caribbean

Ecuador Crude Pipelines Brace For Further Erosion

ENERGY ANALYTICS INSTITUTE (EAI)08/06/202008/06/2020
(Argus, 8.Jun.2020) — State-owned PetroEcuador restarted the 360,000 b/d Sote crude pipeline today after completing a second bypass. Heavy rains ruptured the line in early April and caused erosion around...
PetroAmazonas Develops 63.5 Ha On Blocks 43 And 31
Ecuador Latin America and Caribbean

PetroAmazonas Develops 63.5 Ha On Blocks 43 And 31

ENERGY ANALYTICS INSTITUTE (EAI)03/06/202027/10/2020
(Energy Analytics Institute, 3.Jun.2020) — PetroAmazonas EP has developed 63.50 hectares of Block 43-ITT (Ishpingo, Tambococha, Tiputini) and Block 31, both located in the province of Orellana. Of the figure,...
PetroEcuador Monitoring Emissions At Esmeraldas
Ecuador Latin America and Caribbean

PetroEcuador Monitoring Emissions At Esmeraldas

ENERGY ANALYTICS INSTITUTE (EAI)30/05/202030/05/2020
(Energy Analytics Institute, Piero Stewart, 30.May.2020) — Ecuador’s state oil company EP Petroecuador is monitoring emissions at the Esmeraldas refinery, especially those of sulfur dioxide (SOx) even though preliminary reports...
Oil Minister Says Ecuador’s Production Recovering
Ecuador Latin America and Caribbean

Oil Minister Says Ecuador’s Production Recovering

ENERGY ANALYTICS INSTITUTE (EAI)25/05/202025/05/2020
(Energy Analytics Institute, Piero Stewart, 25.May.2020) — Production from Ecuador’s state oil company PetroAmazonas EP and other private companies operating in the Andean country have reached 90% of levels seen...
JPMorgan Chase Climate Action Is Vastly Insufficient
Ecuador Latin America and Caribbean Peru

JPMorgan Chase Climate Action Is Vastly Insufficient

ENERGY ANALYTICS INSTITUTE (EAI)18/05/202020/05/2020
(Amazon Watch, 18.May.2020) — Today, JPMorgan Chase – the largest bank in the United States and the largest banker of fossil fuels worldwide – will hold its Annual General Meeting....
PetroEcuador Automates Personnel Selection Process
Ecuador Latin America and Caribbean

PetroEcuador Automates Personnel Selection Process

ENERGY ANALYTICS INSTITUTE (EAI)12/05/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 12.May.2020) — State oil company EP PetroEcuador automated the personnel selection process across Ecuador for the first time with use of a technological platform that...
Ecuador’s MERNNR Finally Lifts Force Majeure
Ecuador Latin America and Caribbean

Ecuador’s MERNNR Finally Lifts Force Majeure

ENERGY ANALYTICS INSTITUTE (EAI)10/05/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 10.May.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) on 9 May 2020 lifted the force majeure declared on 10 April declared due...
Fitch Affirms PetroAmazonas’ Debt at ‘C’
Ecuador Latin America and Caribbean

Fitch Affirms PetroAmazonas’ Debt at ‘C’

ENERGY ANALYTICS INSTITUTE (EAI)07/05/202012/05/2020
(Fitch, 7.May.2020) — Fitch Ratings has affirmed the senior unsecured notes issued by Empresa Publica de Exploracion y Explotacion de Hidrocarburos Petroamazonas EP (PetroAmazonas) due in November 2020 at 'C'/'RR4'....
PetroEcuador Dispatches Fuel From Barbasquillo
Ecuador Latin America and Caribbean

PetroEcuador Dispatches Fuel From Barbasquillo

ENERGY ANALYTICS INSTITUTE (EAI)07/05/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 7.May.2020) — EP PetroEcuador on 2 May 2020 started dispatching super gasoline from the Barbasquillo Clean Products Terminal located in Manta in order to satisfy...
EP PetroEcuador Cuts Import Budget By $191.7mn
Ecuador Latin America and Caribbean

EP PetroEcuador Cuts Import Budget By $191.7mn

ENERGY ANALYTICS INSTITUTE (EAI)05/05/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 5.May.2020) — EP PetroEcuador reprogrammed its imports of high-octane naphtha ron 93, naphtha ron 80, premium diesel, cutter stock and diesel oil. “Derivatives imports have...
PetroEcuador Delays May-June Fuel Imports
Ecuador Latin America and Caribbean

PetroEcuador Delays May-June Fuel Imports

ENERGY ANALYTICS INSTITUTE (EAI)05/05/202012/05/2020
(Argus, 5.May.2020) — State-owned PetroEcuador has delayed all fuel imports that were supposed to arrive in May and June because of a sharp decline in demand. The delayed imports include...
Environmental Restoration Work Continues In Ecuador
Ecuador Latin America and Caribbean

Environmental Restoration Work Continues In Ecuador

ENERGY ANALYTICS INSTITUTE (EAI)01/05/202003/05/2020
(Energy Analytics Institute, Piero Stewart, 1.May.2020) — Intervention activities continue at 40 defined sites in Ecuador, of which at least 220 focal points have been established to concentrate on environmental...
Ecuador Names New Electricity Vice Minister
Ecuador Latin America and Caribbean

Ecuador Names New Electricity Vice Minister

ENERGY ANALYTICS INSTITUTE (EAI)24/04/202029/07/2020
(Energy Analytics Institute, 24.Apr.2020) — Ecuador appointed engineer Jose Luis Peña Arteaga as the country’s new vice minister of electricity and alternative energies. The official assumed the responsibilities after compliance...
Ecuador Oil Flow Tumbles, Pipeline Repairs Advance
Ecuador Latin America and Caribbean

Ecuador Oil Flow Tumbles, Pipeline Repairs Advance

ENERGY ANALYTICS INSTITUTE (EAI)15/04/202025/04/2020
(Argus, 15.Apr.2020) — Ecuador's oil production dwindled to just 68,000 b/d on 13 April in the wake of weather-related pipeline ruptures last week, forcing state-owned PetroEcuador to reprogram most crude...
Ecuador Oil Flow Falls, Pipeline Repairs Advance
Ecuador Latin America and Caribbean

Ecuador Oil Flow Falls, Pipeline Repairs Advance

ENERGY ANALYTICS INSTITUTE (EAI)15/04/202016/04/2020
(Argus, 15.Apr.2020) — Ecuador's oil production dwindled to just 68,000 b/d on 13 April in the wake of weather-related pipeline ruptures last week, forcing state-owned PetroEcuador to reprogram most crude...
MERNNR Extends Deadline For El Aromo, Villonaco
Ecuador Latin America and Caribbean

MERNNR Extends Deadline For El Aromo, Villonaco

ENERGY ANALYTICS INSTITUTE (EAI)14/04/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 14.Apr.2020) — Ecuador will extend the deadline for the submission of offers within the public selection processes for concession of the El Aromo (200 megawatt)...
Mexico Agrees To Reduce Oil Production By 100,000 B/D
Ecuador Latin America and Caribbean Mexico

Mexico Agrees To Reduce Oil Production By 100,000 B/D

ENERGY ANALYTICS INSTITUTE (EAI)13/04/202017/05/2020
(Energy Analytics Institute, Piero Stewart, 13.Apr.2020) — Mexico plans to reduce its oil production by 100,000 barrels per day, according to discussions with members of the Organization of Petroleum Exporting...
Ecuador Oil Spill In the Amazon
Ecuador Latin America and Caribbean

Ecuador Oil Spill In the Amazon

ENERGY ANALYTICS INSTITUTE (EAI)09/04/202010/04/2020
(AmazonWatch, 9.Apr.2020) — Ecuador’s state-run oil company, EP PETROECUADOR, reported the pipeline bursts of the Trans-Ecuadorian Pipeline (SOTE), the OCP (Oleoducto de Crudos Pesados-Heavy Crude Pipeline), and the Poliducto Shishufindi-Quito...
Collapsing Demand Sets Terms In OPEC+ Battle
Africa Argentina Brazil Canada Colombia Ecuador Europe Latin America and Caribbean Mexico North America Trinidad and Tobago USA

Collapsing Demand Sets Terms In OPEC+ Battle

ENERGY ANALYTICS INSTITUTE (EAI)09/04/202009/04/2020
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil...
Brief Intro Remarks By OPEC Secretary General
Africa Argentina Brazil Colombia Ecuador Europe Latin America and Caribbean Mexico North America Trinidad and Tobago USA

Brief Intro Remarks By OPEC Secretary General

ENERGY ANALYTICS INSTITUTE (EAI)09/04/202010/04/2020
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via webinar. Excellencies, Over the course...

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Hess Announces 2021 E&P CAPEX Of $1.9bn

Work At Dos Bocas Continues [PHOTOS]

China Buys Venezuelan Oil Doctored To Skirt Sanctions

Italy Seeking Documents For Eni, Shell Nigeria Case

Suriname Latest Big Oil Find As Industry Cuts Costs

Exxon’s 4Q:20 Results Call

Vincent Pereira To Retire From BHP Trinidad

OFAC Targets Individuals And Entities Helping Maduro

Driller Stuns Creditors As Argentina’s Dollars Dwindle

CSI Compressco Announces Quarterly Distribution

CSI Compressco On 4Q:20 Conference Call, Webcast

Ecopetrol On Sale Of Stake In Offshore Int’l Group

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