(Energy Analytics Institute, Piero Stewart, 2.Jan.2019) — South America’s Ecuador is producing 537,689 barrels per day of crude oil, the country’s Ministry of Energy and […]
Category: Ecuador
Ecuador energy
Ecuador Officially Exits OPEC
(Energy Analytics Institute, Piero Stewart, 2.Jan.2020) — Ecuador officially exited the Organization of Petroleum Exporting Countries or OPEC, effectively 1 January 2020. The small South […]
IMO 2020 May Slow Ecuador Loan Repayment
(Argus, 30.Dec.2019) — Possibly narrower differentials for sour crudes — under pressure from looming emissions regulations — could slow Ecuador’s repayment of its oil-backed debt […]
EP PetroEcuador Ends Bajo Alto Plant Maintenance
(Energy Analytics Institute, Piero Stewart, 26.Dec.2019) — A scheduled stoppage at the Bajo Alto Natural Gas Liquefaction Plant located in the El Guabo in the […]
EP PetroEcuador Ends Stoppage At Shushufindi
(Energy Analytics Institute, Piero Stewart, 25.Dec.2019) — EP PetroEcuador initiated start-up activities on 25 December 2019 at the Crude Unit 2 (R2) of the Shushufindi […]
EP PetroEcuador To Invest $700,000 In Pipe Replacement
(Energy Analytics Institute, Piero Stewart, 22.Dec.2019) — EP PetroEcuador announced that technicians from the company will carry out installation of a new 5.6-kilometer stretch of […]
Shushufindi-Quito Pipeline Repairs Finished
(Energy Analytics Institute, Piero Stewart, 21.Dec.2019) — Ecuador’s state oil company EP PetroEcuador announced completion of repair work at the Shushufindi-Quito Poly-duct Pipeline within 24 […]
Operations Halted At Shushufindi-Quito Pipeline
(Energy Analytics Institute, Piero Stewart, 20.Dec.2019) — Operations at the Shushufindi-Quito poly-duct pipeline have been halted due to a fissure detected in the Baeza sector, […]
Lukoil Pan Americas Wins Naphtha Ron 85 Tender
(Energy Analytics Institute, Piero Stewart, 20.Dec.2019) — EP PetroEcuador awarded Lukoil Pan Americas Llc a contract to import 1,770,000 barrels of Naphtha Ron 85, a […]
Damages Awarded To Perenco For FET Breach In Ecuador
(Institutional Institute for Sustainable Development, 17.Dec.2019) — A long-standing tribunal under the France–Ecuador BIT has issued its final award on compensation. The award orders Ecuador […]
Trafigura Awarded Premium Diesel Deal In Ecuador
(Energy Analytics Institute, Piero Stewart, 16.Dec.2019) — EP PetroEcuador awarded Trafigura Pte. Ltd. a contract to import of 3,360,000 barrels +/- 2% of Premium Diesel. […]
S&P Releases 2020 Energy Outlook
(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy […]
EP PetroEcuador, Freepoint Ink Fuel Oil Deal
(Energy Analytics Institute, Piero Stewart, 29.Nov.2019) — EP Petroecuador awarded the export of 380,000 barrels of Fuel Oil No. 4 to Freepoint Commodities LLC. Freepoint […]
EP PetroEcuador, Glencore Ink Cutter Stock Deal
(Energy Analytics Institute, Piero Stewart, 28.Nov.2019) — Ecuador’s state oil and gas company EP Petroecuador awarded Glencore Ltd. a contract to import 1,050,000 barrels of […]
Ecuador’s New Minister Eyes $6.9bn In Investments
(Energy Analytics Institute, Piero Stewart, 22.Nov.2019) — Ecuador’s new oil minister José Agusto announced the South American country continues with plans for another bid round, […]
Ecuador Inaugurates Galapagos Photovoltaic Plant
(Energy Analytics Institute, Piero Stewart, 21.Nov.2019) — An energy storage system comprised of batteries of 2.2 megawatt hours was inaugurated on 21 Nov. 2019 on […]
Ecuador Names New Energy Minister
(Reuters, 19.Nov.2019) — Ecuadorean President Lenin Moreno on Tuesday named a close ally as the new energy minister as the Andean nation seeks to boost […]
GeoPark Announces All-Cash Deal With Amerisur
(GeoPark, 15.Nov.2019) — GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, […]
ENAP Reports Record Production In Ecuador
(Energy Analytics Institute, Piero Stewart, 15.Nov.2019) — Chile’s state oil company ENAP reported record production of 23,089 barrels per day of crude oil in Ecuador. […]
Ecuador Oil Minister Resigns
(Reuters, 12.Nov.2019) — Ecuadorean Oil Minister Carlos Perez on Tuesday announced his resignation in what he called a personal decision to spend more time with […]
Ecuador’s Block 43 ITT Output Above 86.6 Mb/d
(Energy Analytics Institute, Piero Stewart, 1.Nov.2019) — Production from Ecuador’s Block 43 ITT (Ishipingo, Tiputini, Tambococha), exceeded 86,618 barrels per day of oil on 31 […]
LatAmNRG Ecuador Briefs: Force Majeure Lifted
(Energy Analytics Institute, Piero Stewart, 20.Oct.2019) — Heard on the street and LatAmNRG briefs related to EP PetroEcuador lifting force majeure and the programmed stoppage […]
Ecuador Resumes Exports After Protests
(Reuters, 20.Oct.2019) — Ecuadorean state oil company Petroecuador said on Sunday it is resuming crude exports after protests this month against government austerity measures forced […]
Bolivia Crippled As Leftist Leader Faces Vote
(Bloomberg, Peter Millard, 14.Oct.2019) — For two years, Bolivia pushed to boost natural gas production, a longtime key to its prosperity, by drilling for new […]
Fuel Supplies Restart In Ecuador’s Carchi Province
(Energy Analytics Institute, Piero Stewart, 12.Oct.2019) — The fuel supply in the province of Carchi has restarted with the arrival of 12 petrol tankers with […]
Ecuador Halts SOTE Over Protests, Eyes Force Majeure
(Reuters, 9.Oct.2019) — Petroecuador halted operations of its Trans-Ecuadorean Pipeline System (SOTE) on Wednesday after anti-austerity protests choked off production from some oil fields it […]
Ecuador’s SOTE Halted On Low Oil Deliveries
(Energy Analytics Institute, Piero Stewart, 9.Oct.2019) — Ecuador’s Trans-Ecuadorian Pipeline System (SOTE) halted operations at 1pm on Oct. 9. The stoppage was due to the […]
SOTE Operations Reduced To 30% Of Capacity
(Energy Analytics Institute, Piero Stewart, 9.Oct.2019) — Operations at the SOTE have been affected during protests in Ecuador and resultantly operations have been reduced to […]
Ecuador’s Government Crisis, Explained
(Bloomberg, Matthew Bristow and Stephan Kueffner, 8.Oct.2019) — Ecuador’s government abandoned the capital city, Quito, as demonstrators sabotaged oil installations and ransacked government offices and […]
Amazon Watch On Ecuador Strike
(Amazon Watch, 8.Oct.2019) — In response to economic austerity measures announced by Ecuadorian president Lenin Moreno on October 1, Ecuador’s National Indigenous Movement, represented by […]
CONAIE And CONFENIAE Comment On Indigenous Mobilization
(CONAIE, 8.Oct.2019) — Indigenous peoples across Ecuador have mobilized against the central government’s neoliberal policies and extractive practices, as have workers unions, student unions and […]
Ecuador’s Moreno Decries ‘Coup Attempt’ Amid Protests
(Reuters, Alexandra Valencia and Daniel Tapia, 7.Oct.2019) — Thousands of indigenous protesters marched into capital Quito on Monday in a fifth day of action against […]
Ecuador Frees Up Fuel Prices, Unrest Erupts
(Argus, 3.Oct.2019) — Unrest has broken out in Ecuador ahead of the lifting of motor fuel subsidies tomorrow. The government declared a state of emergency […]
IMF Provides Update On Ecuador
(IMF, 2.Oct.2019) — The reforms announced yesterday by President Lenin Moreno aim to improve the resilience and sustainability of Ecuador’s economy and foster strong, and […]
Repsol Trading Wins Napo Oil Export Tender
(Energy Analytics Institute, Piero Stewart, 4.Sep.2019) — Ecuador’s state oil company EP PetroEcuador awarded the export of 1,080,000 +/- 5% barrels of 17-degree API Napo […]
Ecuador Eyes New 300,000 b/d Capacity Refinery
(Reuters, 27.Aug.2019) — Ecuador is seeking private companies interested in building a new refinery on the OPEC nation’s coast with a capacity of up to […]
OPEC Sees Bearish Oil Outlook For Rest Of 2019
(Reuters, Alex Lawler, 16.Aug.2019) — OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted […]
Frontera Energy Announces Strong 2Q:19 Results
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2019, together with its Management, […]
Frontera Announces 2Q:19 Conference Call Details
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces a conference call for investors and analysts will be held on Friday, August 2, 2019 at 8:00 a.m. […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) — It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
Ecuador Court Ruling Deemed A Win For Waorani
(Reuters, 12.Jul.2019) — A court in Ecuador has upheld a ruling that prevents the government from selling land in the Amazon rainforest to oil companies, […]
Trafigura Pte. To Export 340,000 Barrels Of VGO
(Energy Analytics Institute, Piero Stewart, 4.Jul.2019) — Trafigura Pte. Ltd. was awarded a deal by EP Petroecuador for the export of 340,000 barrels ± 3% […]
Glencore To Import 1,890,000 Barrels Of Cutter Stock
(Energy Analytics Institute, Piero Stewart, 27.Jun.2019) — EP Petroecuador awarded Glencore Ltda. a deal to import 1,890,000 barrels ± 2% of cutter stock, a diluent […]
LatAmNRG Heard On The Street: Gas Markets, Argentina Tender
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) — Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and […]
LatAmNRG Ecuador Briefs: Quito Gasoline, Russia’s Tyazhmash To Finish Project
(Energy Analytics Institute, Piero Stewart, 22.Jun.2019) — LatAmNRG briefs related to OPEC member country Ecuador and gasoline prices in Quito, recycled waste imports, Russian company […]
EP PetroEcuador Hosts Executives From Japanese Companies
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — Executives from the Japanese companies Mitsubishi Motors, Nexi Nippon Export and Investment Insurance and Bank of Tokyo conducted […]
PetroEcuador Completes Second Spot Sale Of 2019 With A $3.09/bbl WTI Spread
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — EP PetroEcuador awarded for export 3,960,000 barrels of Oriente crude oil of 24-degree API plus/minus 5% to Tesoro […]
GeoPark signs final contract for Espejo, Perico blocks
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 3.Jun.2019, Words: 164) — GeoPark Limited signed final participation contracts on 22 May 2019 for the Espejo […]
Frontera Energy Corporation BODs Declares Dividend
(Frontera, 30.May.2019) — Frontera Energy Corporation’s board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about […]
Ecuador Names New Hydrocarbons Vice Minister
(Energy Analytics Institute, Piero Stewart, 23.May.2019) — Juan Carlos Bermeo Calderón has been appointed Ecuador’s new Vice Minister over the country’s Energy and Non-Renewable Natural […]