(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, EP PetroEcuador and Repsol Ecuador...
(Reuters, 1.Jul.2021) — Two dozen workers using six excavators cleared a strip of heavy forest in the foothills of Ecuador's Reventador volcano on an overcast June morning, rushing to carve...
(Reuters, 30.Jun.2021) — Swiss prosecutors said on Wednesday they are investigating whether bribery, money laundering or other crimes linked to Ecuador oil trading were committed in Switzerland following a U.S....
(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador reaching an agreement with the...
(Solaris, 29.Jun.2021) — Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) announces that all matters presented for approval at Solaris' annual meeting of shareholders held today, as more particularly set out...
(Reuters, 28.Jun.2021) — Ecuador for the first time on Monday exported a cargo of one of its flagship crudes, Oriente, aboard a very large crude carrier (VLCC), following an upgrade...
(Energy Analytics Institute, 2.Jun.2021) — EP PetroEcuador will hold two new spot sales on 3 June 2021, including one for the export of 2,160,000 barrels of Oriente crude oil and...
(Energy Analytics Institute, 25.May.2021) — Energy briefs from the Latin America and Caribbean region including: Pemex’s Deer Park refinery acquisition being labeled a mistake by George Baker and Ecuador’s President...
(Reuters, 15.May.2021) — An indigenous community in Ecuador's Amazon region is blocking access to one of state oil company Petroecuador's main fields in a protest over compensation, prompting the company...
(Energy Analytics Institute, 17.Apr.2021) — EP Petroecuador awarded Singapore’s Trafigura PTE. LTD. an export deal for 1,900,000 barrels of Fuel Oil No. 6. The volume offered will be exported in...
(Energy Analytics Institute, 15.Apr.2021) — EP PetroEcuador offered Ecuador’s attorney general's office access to all the necessary facilities it sees fit to collect any type of information requested as part...
(Reuters, 14.Apr.2021) — An Ecuadorean judge ordered that the country’s current comptroller and former energy minister be placed under pre-trial detention on charges of organized crime related to state oil...
(Energy Analytics Institute, 13.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Guillermo Lasso Mendoza winning Ecuador’s run-off election and Andean oil producer Ecuador pumping around 495,438...
(US State Department, 13.Apr.2021) — On behalf of the people of the United States, I congratulate Guillermo Lasso on his election as the next President of Ecuador. We also extend...
(Bloomberg, 11.Apr.2021) — Ecuadorean bonds rallied after career banker Guillermo Lasso won the presidential election with a late surge in support, reassuring investors in the default-prone country and shoring up...
(Energy Analytics Institute, 11.Apr.2021) — EP PetroEcuador awarded the Thai company Tipco Asphalt Public Company Limited a deal for the export of 720,000 barrels of Napo crude. The barrels will...
(Energy Analytics Institute, 10.Apr.2021) — EP PetroEcuador awarded an export deal for 1,080,000 barrels of Oriente crude to Singapore company Trafigura PTE. LTD. The volume offered will be exported in...
(El Pais, 9.Apr.2021) — The fuel that flowed into the Napo and Coca rivers in the northeastern rainforest of Ecuador more than a year ago caused a humanitarian and ecological...
(Energy Analytics Institute, 8.Apr.2021) — One year after the rupture of the Trans-Ecuadorian Pipeline System (SOTE), the Shushufindi-Quito Products Pipeline, operated by EP PetroEcuador, and the Heavy Crude Oil Pipeline...
(Energy Analytics Institute, 5.Apr.2021) — During the first quarter of 2021, EP PetroEcuador dispatched 516.72 million gallons of fuel including Super, Extra, Ecopaís, Artisanal Fishing and Diesel to Ecuador's automotive...
(Energy Analytics Institute, 2.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Mendoza taking back an area in the Neuquina Basin from a Medanito subsidiary and Ecuador...
(Energy Analytics Institute, 24.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s Cristina Kircher insisting the International Monetary Fund (IMF) give Argentina lower debt rates, the...
(Energy Analytics Institute, 21.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Venezuela state oil giant denouncing an attack on a pipeline in Monagas state and EP...
(Energy Analytics Institute, 18.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Banco do Brasil CEO resigning under pressures from Brazil’s President Jair Bolsonaro, Ecuador’s oil production...
(Energy Analytics Institute, 18.Mar.2021) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENNR) as well as the country’s Ministry of Production, Foreign Trade, Investments and Fisheries, together with the...
(Solaris Resources, 16.Mar.2021) — Solaris Resources Inc. announced appointment of Mr. Kevin Thomson to its Board of Directors effective immediately. Mr. Thomson brings over 35 years of senior strategic mergers...
(Reuters, 11.Mar.2021) — Ecuador has reached a preliminary agreement with a unit of Thailand’s state-run PTT PCL to extend to 2024 the payment period of an oil-for-loan agreement that was...
(Energy Analytics Institute, 10.Mar.2021) — The Quito Electric Company (EEQ) inaugurated substation (S/E) No. 46 Inga Bajo, located in the Itulcachi sector, in the rural parish of Pifo. The investment...
(Energy Analytics Institute, 5.Mar.2021) — Ecuador plans to install 14.8 megawatts (MW) of photovoltaic generation with 40.9 MWh batteries on Santa Cruz Island with estimated private investment of $45mn. Companies...
(Frontera, 3.Mar.2021) — Frontera Energy Corporation announced the appointment of current director Orlando Cabrales Segovia as Chief Executive Officer. The company also provided an update on its 2021 Strategic Plan,...
(Energy Analytics Institute, 10.Feb.2021) — Ecuador’s state oil company EP PetroEcuador announced details of its Energy Efficiency Program, which uses associated gas for electricity generation to optimize resources and minimize...
(IOA, 10.Feb.2021) — China is broadening its presence in Latin America's energy and strategic minerals sectors, posing challenges to the regional countries themselves as well as to the United States,...
(New York Times, 7.Feb.2021) — Ecuadoreans are headed for a runoff presidential election following a vote Sunday in which a leftist economist drew the most votes, but not enough to...
(Energy Analytics Institute, 5.Feb.2021) — EP PetroEcuador has commenced preventive work to protect the integrity of the Trans-Ecuadorian Pipeline System (SOTE) with construction of two additional variants to the four...
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
(Al Jazeera, 25.Jan.2021) — BNP Paribas, Credit Suisse and ING have announced plans to exclude the problematic export from their trading activities in response to environmental criticisms. Several big European...
(US State Department, 19.Jan.2021) — The United States sent a consul to Guayaquil, Ecuador, in 1825, and the U.S. Embassy in Quito opened in 1848. The United States and Ecuador...
(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...
(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...
(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...
(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,...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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,...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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, 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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
