(Energy Analytics Institute, Jared Yamin, 18.Jul.2018) â Non-petroleum exports from the South American country rose to $5,484 million from January to May of 2018 compared […]
Category: Ecuador
Ecuador energy
Ecuador Extracting Nearly 523 Mb/d
(Energy Analytics Institute, Piero Stewart, 18.Jul.2018) â The South America country is currently extracting nearly 523,000 barrels per day of crude oil, announced the daily […]
ENAP to Spend $65.2 Mln in Ecuador
(Energy Analytics Institute, Jared Yamin, 18.Jul.2018) â ENAP announced it will increase investments in three fields it operates in Ecuador. âThe new agreement stipulates an […]
Ecuador Court Upholds $9bn Chevron Ruling
(AP, 13.Jul.2018) â Ecuador’s highest court has upheld a US$9.5 billion judgment against oil giant Chevron for decades of rainforest damage. Plaintiffs celebrated the constitutional […]
Ecuadorâs ITT Output Around 60 Mb/d
(Energy Analytics Institute, Piero Stewart, 13.Jul.2018) â Oil production from the Ishpingo, Tambococha and Tiputini or ITT field is around 60,000 barrels per day. With […]
Indigenous Groups Await Chevron Payments
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Indigenous groups in Ecuador that were affected by activities of San Roman, California-based Chevron in the country continue […]
FDI in LAC Region Falls for Third Straight Year
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, […]
Ecuador, Venezuela Output Down, OPEC Reports
(Energy Analytics Institute, Ian Silverman, 11.Jul.2018) â The Organization of Petroleum Exporting Countries published its July 2018 edition of its Monthly Oil Market Report (MOMR). […]
EP PetroEcuador, Politécnica Nacional Sign Deal
(Energy Analytics Institute, Ian Silverman, 10.Jul.2018) â EP PetroEcuador and the Escuela PolitĂ©cnica Nacional (EPN by its Spanish acronym) signed an Inter-institutional Technical Cooperation Agreement […]
UDLA Students Visit Soil Treatment Center
(Energy Analytics Institute, Ian Silverman, 10.Jul.2018) â Nearly 27 engineering students studying Environmental Engineering and Biotechnology Engineering at Ecuador’s Americas University (Universidad de las AmĂ©ricas […]
PetroAmazonas EP Producing Close to 405 Mb/d
(Energy Analytics Institute, Ian Silverman, 5.Jul.2018) â Ecuadorâs PetroAmazonas EP actual production is close to 405,000 barrels per day (b/d). The companyâs average cost was […]
Ecuador Cos Invest $400 Mln in Certificates
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) â The two electric companies from the South American country will invest a total of $400 million in Treasury […]
Ecuador Looks to Avoid Issuing More Debt
(Energy Analytics Institute, Jared Yamin, 4.Jul.2018) â The South America country will explore other financial options to cover its deficit of some $9.5 billion. âWe […]
OPEC Ministerial Meeting in December
(Energy Analytics Institute, Piero Stewart, 25.Jun.2018) â Ministers from the Oil Exporting Countries Organization (OPEC) announced during meetings in Vienna, Austria that the 5th OPEC+ […]
OPEC Planning to Boost Output by 1 MMb/d
(Energy Analytics Institute, Jared Yamin, 22.Jun.2018) â OPEC is looking to boost crude oil output by 1 million barrels per day (MMb/d). The production agreement […]
OPEC’s Vienna Meeting: The Challenge of Failing NOCs
(The Council on Foreign Relations, Amy Myers Jaffe, 19.Jun.2018) â As energy ministers from major oil producing countries gather in Vienna this week to discuss […]
PetroAmazonas Production Costs Below $20/bbl
(Energy Analytics Institute, Aaron Simonsky, 15.Jun.2018) â Production costs at the state entity remain below the $20 per barrel mark. PetroAmazonas EPâs production costs rose […]
PetroEcuador Activities Normal After Earthquake
(Energy Analytics Institute, Aaron Simonsky, 15.Jun.2018) â Ecuadorâs EP PetroEcuador announced all its activities continue under normal conditions after a magnitude 5 earthquake was reported […]
Ecuador Oil Output at 519 Mb/d in May 2018
(Energy Analytics Institute, Jared Yamin, 15.Jun.2018) â Ecuadorâs production of crude oil reached 519 thousand barrels per day (Mb/d) in May 2018, up compared to […]
Venezuela Oil Output Slides to 1.4 MMb/d in May 2018
(Energy Analytics Institute, Piero Stewart, 14.Jun.2018) â Venezuela’s oil production continues its downward slope. Venezuelaâs crude oil production fell to 1.392 million barrels per day […]
Ecuador Producing 522 Mb/d of Crude Oil in late May 2018
(Energy Analytics Institute, Jared Yamin, 29.May.2018) â- South Americaâs Ecuador is producing 522,372 barrels per day. Total crude oil production from the small OPEC member […]
Energy, Education, and Learning Through NRG ED
(Energy Analytics Institute, Aaron Simonsky, 24.May.2018) â Energy Analytics Institute, formerly LatinPetroleum Inc., continues to promote its âEnergy Education Initiativeâ in the Americas, also known […]
ECLAC Ssays Venezuelaâs Economic Activity to Fall 8.5% in 2018
(Energy Analytics Institute, Aaron Simonsky, 1.May.2018) â The United Nations Economic Commission for Latin America and the Caribbean, also known as ECLAC or CEPAL by […]
Pampa EnergĂa Announces Settlement Agreement in Ecuador
(Pampa EnergĂa S.A., 19.Mar.2018) â Pampa EnergĂa S.A. announced that regarding the conflict that EcuadorTLC (a subsidiary company established in the Republic of Ecuador and […]
Shushufindi Plant Has 20 Mb/d LPG Capacity
(Energy Analytics Institute, Clifford Fingers III, 10.Mar.2017) â Ecuador’s Shushufindi refinery has the capacity to bottle or fill 20,000 cylinders per day of liquefied petroleum […]
ICSID Orders Ecuador Pay ConocoPhillips $380 Mln
(ConocoPhillips, 8.Feb.2017) â ConocoPhillipsâ wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the […]
Ecuador Announces $1 Billion Bond Placement
(Energy Analytics Institute, Ian Silverman, 16.Jan.2017) â Ecuador, the only other Latin American country to belong to the Organization of Petroleum Exporting Countries (OPEC), successfully […]
PetroEcuador Reports Increase In Shareholder Equity
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â EP PetroEcuador announced its Shareholder’s Equity rose to $5.659 billion in 2015 compared to $3.914 billion in […]
Ecuador’s SOTE Pipeline Spans 503 Kms
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â Ecuador’s SOTE pipeline spans 503 kilometers from the pumping station Lago Agrio No. 1 in the Amazon […]
Ecuador’s SOTE Celebrates 44 Years of Operation
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â The TranEcuadorian Oil Pipeline (SOTE by its Spanish acronym) was inaugurated on June 26, 1972 with a […]
PetroEcuador to Export No. 6 Fuel Oil in July
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â Trafigura PTE LTD won a bid by EP PetroEcuador whereby the former will export 950,000 barrels of […]
EP PetroEcuador Lays Out Goals for 2016
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â EP PetroEcuador revealed some of its goals for 2016, reported the state company in an official statement. […]
PetroEcuador Helps Control Fuel Oil Spill
(Energy Analytics Institute, 24.Jun.2016, Clifford Fingers III) â EP PetroEcuador turned over formal activities related to the containment, cleaning and monitoring along the Daule river, […]
Ecuador Permits Alcoholic Beverages at Service Stations
(Energy Analytics Institute, 21.Jun.2016, Clifford Fingers III) â Ecuador has decided it will allow its service stations to again distribute alcoholic beverages. The distribution of […]
Ecuador Oil Output 556 Mb/d in May 2016
(Energy Analytics Institute, 21.Jun.2016, Clifford Fingers III) â Ecuador’s oil output reached 556,000 barrels per day in May of 2016, up sequentially from 555,000 barrels […]
Three Companies Interested in Esmeraldas Overhaul
(Energy Analytics Institute, 16.Jun.2016, Clifford Fingers III) â Three companies, Adelca, Novacero and Practipower, presented their bids to buy an estimated 6,500 tons of salvage […]
Esmeraldas Overhaul to Reduce Imports by Nearly $355 Mln
(Energy Analytics Institute, 8.Jun.2016, Clifford Fingers III) â Ecuador will benefit financial from the recently completed overhaul of the Esmeraldas refinery. The country will save […]
PetroEcuador Provides Infrastructure Update
(Energy Analytics Institute, 1.Jun.2016, Clifford Fingers III) â At year-end 2015, EP PetroEcuador had the following infrastructure in Ecuador: 10 product pipelines, 8 fuel terminals […]
PetroEcuador Gasoline Network of 276 Service Stations
EEnergy Analytics Institute, 1.Jun.2016, Clifford Fingers III) â EP PetroEcuador has a gasoline network comprising 276 service stations, reported the state company in an official […]
PetroEcuador Says Tax Increase Not to Affect Fuels
(Energy Analytics Institute, 1.Jun.2016, Clifford Fingers III) â The price of Extra Gasoline, Extra Gasoline with Ethanol, Diesel 1, Diesel 2, Premium Diesel and LPG […]
Ecuador Seeks Foreign Investors for Pacific Refinery
(Energy Analytics Institute, 1.Jun.2016, Clifford Fingers III) â Ecuador’s President Rafael Correa named Horacio YĂ©pez Maldonado as the country’s new ambassador to seek financing for […]
El Aromo Area Considered Seismic Zone
(Energy Analytics Institute, 30.May.2016, Clifford Fingers III) â The El Aromo area, where the Pacific Refinery will be located, near Manta in ManabĂ is considered […]
PetroEcuador Reports 79% Decline In EBITDA
(Energy Analytics Institute, 25.May.2016, Clifford Fingers III) â EP PetroEcuador reported operational revenues of $9.284 billion in 2015, down $6.458 billion or 41 percent compared […]
San Mateo Petrol Station Starts Operations
(Energy Analytics Institute, 25.May.2016, Clifford Fingers III) â The artisan fishing and ship vessel diesel station in San Mateo, located in the province of ManabĂ, […]
Ecuador to Investigate Officials for Possible Fraud
(Energy Analytics Institute, 11.May.2016, Clifford Fingers III) â A number of public officials are under investigation for irregularities related to declaration of goods and links […]
La Libertad Refinery Fire Controlled With No Injuries
(Energy Analytics Institute, 11.May.2016, Clifford Fingers III) â A fire at the Parson plant of the La Libertad refinery, located in the Santa Elena province, […]
La Libertad Refinery Starts Preventative Maintenance
(Energy Analytics Institute, 11.May.2016, Clifford Fingers III) â The La Libertad Refinery started preventative maintenance on May 15, 2016, reported EP PetroEcuador in an official […]
Ecuador Starts Exploitation Activities at Tiputini
(Energy Analytics Institute, 9.May.2016, Clifford Fingers III) â Ecuador starting exploitation activities at the Tiputin field, part of the YasunĂ ITT block in July 2016, […]
Ecuador Output Averaged 542 Mb/d in 1Q:16
(Energy Analytics Institute, 9.May.2016, Clifford Fingers III) â Ecuador, the smallest country within the Organization of Petroleum Exporting Countries or OPEC, exported an average 542,000 […]
PetroEcuador Highlights Benefits of Esmeraldas Workover
(Energy Analytics Institute, 19.Apr.2016, Clifford Fingers III) â EP PetroEcuador stands to gain the most from the recent workover to the Esmeraldas Refinery, reported the […]