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Tag: EP PetroEcuador

NRGBriefs: Mexico Approves Mining Reform; Argentine Inflation Around 6.7%
Argentina Brazil Ecuador Latin America and Caribbean Mexico Venezuela

NRGBriefs: Mexico Approves Mining Reform; Argentine Inflation Around 6.7%

ENERGY ANALYTICS INSTITUTE (EAI)18 April 20222 May 2022
(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Mexico's Chamber of Deputies approving the Mining Law reform, which reserves exploration, exploitation and use of lithium to the state; Argentina’s inflation...
NRGBriefs: Argentina Grants Chevron El Trapial Este Concession
Argentina Ecuador Latin America and Caribbean

NRGBriefs: Argentina Grants Chevron El Trapial Este Concession

ENERGY ANALYTICS INSTITUTE (EAI)9 April 20229 April 2022
(Energy Analytics Institute, 9.Apr.2022) — Energy briefs including Argentina granting the El Trapial Este hydrocarbon concession to Chevron; and EP PetroEcuador reporting average production of 372,609 b/d in 2021. LATIN...
NRGBriefs: Ecoanalitica Sees Venezuela’s Oil Rising Between 31%-91% in 2022
Argentina Ecuador Europe Latin America and Caribbean Norway Peru Venezuela

NRGBriefs: Ecoanalitica Sees Venezuela’s Oil Rising Between 31%-91% in 2022

ENERGY ANALYTICS INSTITUTE (EAI)6 April 202218 April 2022
(Energy Analytics Institute, 6.Apr.2022) — Energy briefs including Caracas-based Econanalitica is forecasting Venezuela’s oil production and oil income will grow in 2022 vs 2021 under three different scenarios; Argentina’s Economic...
NRGBriefs: Venezuela’s Oil Minister on Oil Market Stability and Supply
Africa Ecuador Guyana Latin America and Caribbean North America South Africa Suriname Trinidad and Tobago USA Venezuela

NRGBriefs: Venezuela’s Oil Minister on Oil Market Stability and Supply

ENERGY ANALYTICS INSTITUTE (EAI)31 March 20225 April 2022
(Energy Analytics Institute, 31.Mar.2022) — Energy briefs including the US Energy Department saying it is ready to execute the president of the United States’ authorization of an immediate release of...
Frontera Finds 27.2 Degree API Light Oil At The Tui-1 Well In Ecuador
Ecuador Latin America and Caribbean

Frontera Finds 27.2 Degree API Light Oil At The Tui-1 Well In Ecuador

ENERGY ANALYTICS INSTITUTE (EAI)24 March 202225 March 2022
(Frontera, 24.Mar.2022) — Frontera Energy Corporation (TSX: FEC) has discovered 27.2 degree API light crude oil at the Tui-1 exploration well on the Perico block (Frontera 50% W.I. and operator)...
Shell Among Companies Chasing Ecuadorian Oil After Russia Sanctions
Ecuador Jamaica Latin America and Caribbean

Shell Among Companies Chasing Ecuadorian Oil After Russia Sanctions

ENERGY ANALYTICS INSTITUTE (EAI)16 March 202217 March 2022
(Bloomberg, 16.Mar.2022) — U.S. refiners Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian barrels after America banned imports...
NRGBriefs: EP PetroEcuador Lays Out Production Plans 2022-26
Ecuador Latin America and Caribbean Mexico Moscow North America Russia USA Venezuela

NRGBriefs: EP PetroEcuador Lays Out Production Plans 2022-26

ENERGY ANALYTICS INSTITUTE (EAI)10 March 202218 April 2022
(Energy Analytics Institute, 10.Mar.2022) — Energy briefs including Ecuador’s state-owned EP PetroEcuador laying out plans for investments of $12bn to almost double production to 804,323 boe/d by2026; Venezuela’s VP Delcy...
NRGBriefs: Maduro Says No Presidential Elections Until At Least 2025
Colombia Ecuador Latin America and Caribbean Venezuela

NRGBriefs: Maduro Says No Presidential Elections Until At Least 2025

ENERGY ANALYTICS INSTITUTE (EAI)4 February 202213 February 2022
(Energy Analytics Institute, 4.Feb.2022) — Energy briefs including Colombia signing a MOU w/ The Netherlands to create a hydrogen export channel; Venezuela’s President Nicolás Maduro saying there will be no...
NRGBriefs: Argentina’s President Meets with Putin
Argentina Colombia Ecuador Latin America and Caribbean Venezuela

NRGBriefs: Argentina’s President Meets with Putin

ENERGY ANALYTICS INSTITUTE (EAI)3 February 20222 March 2022
(Energy Analytics Institute, 3.Feb.2022) — Energy briefs including Grupo Energía Bogotá commencing assembly of the first tower of its north project in Chocontá (Cundinamarca); Argentina’s President Alberto Fernandez visiting Russia...
NRGBriefs: De Novo Prepares Zandolie’s Subsea Structure
Ecuador Guyana Latin America and Caribbean Trinidad and Tobago

NRGBriefs: De Novo Prepares Zandolie’s Subsea Structure

ENERGY ANALYTICS INSTITUTE (EAI)31 January 20222 March 2022
(Energy Analytics Institute, 31.Jan.2022) — Energy briefs including EP PetroEcuador and Abastecedora Ecuatoriana de Combustibles S.A. (ABASTIBLES S.A.) signing a petroleum products contract; shares of Frontera Energy and CGX Energy...
Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year
Ecuador Latin America and Caribbean

Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year

ENERGY ANALYTICS INSTITUTE (EAI)19 January 202220 January 2022
(Reuters, 19.Jan.2022) — Ecuador's state-owned oil company, Petroecuador, is targeting average output of 425,000 barrels of oil equivalent per day (boed) by the end of 2022, manager Italo Cedeno said...
EP PetroEcuador Continues with Work on Pipeline Bypasses
Ecuador Latin America and Caribbean

EP PetroEcuador Continues with Work on Pipeline Bypasses

ENERGY ANALYTICS INSTITUTE (EAI)15 January 202218 January 2022
(Energy Analytics Institute, 15.Jan.2022) — EP PetroEcuador continues with work on a seventh bypass for the Trans-Ecuadorian Oil Pipeline System (SOTE) aimed at protecting the infrastructure and avoiding further stoppages...
NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru
Asia Bolivia Chile Denmark Ecuador Europe Latin America and Caribbean Singapore

NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru

ENERGY ANALYTICS INSTITUTE (EAI)6 January 20222 March 2022
(Energy Analytics Institute, 6.Jan.2022) — Energy briefs including Bolivia’s urea production gaining mkt shr in Argentina, Brazil and Peru in less than 4 mths; Chile building more than 6,600MW of...
Ecuador Continues to Recover Production, Transport, Refining Operations
Ecuador Latin America and Caribbean

Ecuador Continues to Recover Production, Transport, Refining Operations

ENERGY ANALYTICS INSTITUTE (EAI)6 January 202210 January 2022
(Energy Analytics Institute, 6.Jan.2022) — Ecuador’s oil production has returned to 93% of levels seen before preventive stoppages were executed at the country’s oil and product pipelines in early-December 2021...
Ecuador Oil Sector to See Busy Year
Ecuador Latin America and Caribbean

Ecuador Oil Sector to See Busy Year

ENERGY ANALYTICS INSTITUTE (EAI)3 January 20227 January 2022
(S&P Global Platts, 3.Jan.2022) — Ecuador's oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 as President Guillermo Lasso seeks...
NRGBriefs: Venezuela’s Oil Minister El Aissami Says He’s Fine
Colombia Ecuador Guyana Latin America and Caribbean Venezuela

NRGBriefs: Venezuela’s Oil Minister El Aissami Says He’s Fine

ENERGY ANALYTICS INSTITUTE (EAI)14 December 20218 January 2022
(Energy Analytics Institute, 14.Dec.2021) — Energy briefs including EP PetroEcuador announcing it has sufficient fuel supplies at all its terminals despite transport issues impacting Ecuador’s two oil pipelines and one...
Ecuador Declares Force Majeure On All Oil Contracts
Ecuador Latin America and Caribbean

Ecuador Declares Force Majeure On All Oil Contracts

ENERGY ANALYTICS INSTITUTE (EAI)13 December 202116 December 2021
(Bloomberg, 13.Dec.2021) — Ecuador declared force majeure on all oil contracts, including exports and imports, as the threat of soil erosion forced the shutdown of the country’s two pipelines that...
NRGBriefs: EP PetroEcuador Awards Export Deals
Argentina Colombia Ecuador Latin America and Caribbean Venezuela

NRGBriefs: EP PetroEcuador Awards Export Deals

ENERGY ANALYTICS INSTITUTE (EAI)13 October 202131 March 2022
(Energy Analytics Institute, 13.Oct.2021) — Energy briefs including the IMF advising Argentina to lower its deficit and estimating Venezuela’s inflation at 2,700% this yr, Colombia’s mines and energy minister Diego...
NRGBriefs: ANH Eyes 17th Bid Round
Brazil Ecuador Latin America and Caribbean Panama Suriname

NRGBriefs: ANH Eyes 17th Bid Round

ENERGY ANALYTICS INSTITUTE (EAI)6 October 202113 October 2021
(Energy Analytics Institute, 6.Oct.2021) — Energy briefs including Brazil’s ANP holding its 17th bid round; Ecuador’s oil production holding steady; Panama’s Generadora Gatún natural gas power plant expecting to start...
LatAmBriefs: TGI Eyes Buenaventura LNG Import Project
Argentina Colombia Ecuador Latin America and Caribbean Mexico Venezuela

LatAmBriefs: TGI Eyes Buenaventura LNG Import Project

ENERGY ANALYTICS INSTITUTE (EAI)9 August 202131 March 2022
(Energy Analytics Institute, 9.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina fining Edesur and Edenor; Transportadora de Gas Internacional (TGI) eyes developing Colombia’s second liquefied...
LatAm Briefs: Raizen IPO, Bolivian Gas
Argentina Bolivia Brazil Ecuador Latin America and Caribbean

LatAm Briefs: Raizen IPO, Bolivian Gas

ENERGY ANALYTICS INSTITUTE (EAI)5 August 20215 August 2021
(Energy Analytics Institute, 5.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s YPF Sociedad Anónima repurchasing Class XII Notes, YPFB and Ambar Energía Ltda. inking a...
LatAm Briefs: Rio Negro Drilling, Ecuador Production
Argentina Ecuador Latin America and Caribbean Venezuela

LatAm Briefs: Rio Negro Drilling, Ecuador Production

ENERGY ANALYTICS INSTITUTE (EAI)5 July 20219 July 2021
(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...
Ecuador Races To Move Oil Pipelines
Ecuador Latin America and Caribbean

Ecuador Races To Move Oil Pipelines

ENERGY ANALYTICS INSTITUTE (EAI)1 July 202125 July 2021
(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...
Switzerland Investigates Gunvor Links To Ecuador
Ecuador Europe Latin America and Caribbean

Switzerland Investigates Gunvor Links To Ecuador

ENERGY ANALYTICS INSTITUTE (EAI)30 June 202125 July 2021
(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....
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
Argentina Chile Ecuador Europe Germany Latin America and Caribbean Venezuela

LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output

ENERGY ANALYTICS INSTITUTE (EAI)29 June 202113 July 2021
(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...
Ecuador Begins Crude Exports In Larger Vessels
Asia China Ecuador Latin America and Caribbean

Ecuador Begins Crude Exports In Larger Vessels

ENERGY ANALYTICS INSTITUTE (EAI)28 June 202110 July 2021
(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...
LatAm Briefs: EP PetroEcuador Tenders, Ofac License Extension To Chevron
Latin America and Caribbean Venezuela

LatAm Briefs: EP PetroEcuador Tenders, Ofac License Extension To Chevron

ENERGY ANALYTICS INSTITUTE (EAI)2 June 20214 June 2021
(Energy Analytics Institute, 2.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: EP PetroEcuador generating $768mn thru ten tenders of Oriente and Napo crude oil between January...
EP PetroEcuador To Tender For Oriente, Napo Crude Oils
Ecuador Latin America and Caribbean

EP PetroEcuador To Tender For Oriente, Napo Crude Oils

ENERGY ANALYTICS INSTITUTE (EAI)2 June 20214 June 2021
(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...
Ecuador Indigenous Protestors Block Access To Petroecuador Oil Field
Ecuador Latin America and Caribbean

Ecuador Indigenous Protestors Block Access To Petroecuador Oil Field

ENERGY ANALYTICS INSTITUTE (EAI)15 May 202118 May 2021
(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...
Trafigura Wins Bid To Export Fuel Oil No. 6
Ecuador Latin America and Caribbean

Trafigura Wins Bid To Export Fuel Oil No. 6

ENERGY ANALYTICS INSTITUTE (EAI)17 April 202118 April 2021
(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...
EP PetroEcuador Opens Doors To Corruption Investigation
Ecuador Latin America and Caribbean

EP PetroEcuador Opens Doors To Corruption Investigation

ENERGY ANALYTICS INSTITUTE (EAI)15 April 202118 April 2021
(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...
LatAm Briefs: Lasso Wins Run-off, Ecuador Oil Output
Ecuador Latin America and Caribbean

LatAm Briefs: Lasso Wins Run-off, Ecuador Oil Output

ENERGY ANALYTICS INSTITUTE (EAI)13 April 202115 April 2021
(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...
Ecuador Bonds Rally As Millionaire Banker Wins Ecuadorian Presidency
Ecuador Latin America and Caribbean

Ecuador Bonds Rally As Millionaire Banker Wins Ecuadorian Presidency

ENERGY ANALYTICS INSTITUTE (EAI)11 April 202113 April 2021
(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...
Tipco Wins Bid To Export Napo Crude
Ecuador Latin America and Caribbean

Tipco Wins Bid To Export Napo Crude

ENERGY ANALYTICS INSTITUTE (EAI)11 April 202123 April 2021
(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...
Trafigura Wins Bid For Oriente Crude
Ecuador Latin America and Caribbean

Trafigura Wins Bid For Oriente Crude

ENERGY ANALYTICS INSTITUTE (EAI)10 April 202118 April 2021
(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...
EP PetroEcuador Continues With Preventive Pipeline Work
Ecuador Latin America and Caribbean

EP PetroEcuador Continues With Preventive Pipeline Work

ENERGY ANALYTICS INSTITUTE (EAI)8 April 202123 April 2021
(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...
EP PetroEcuador Dispatches 517 Million Gallons Of Fuel
Ecuador Latin America and Caribbean

EP PetroEcuador Dispatches 517 Million Gallons Of Fuel

ENERGY ANALYTICS INSTITUTE (EAI)5 April 202123 April 2021
(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...
LatAm Briefs: Kircher On IMF, OCP President Resignation
Argentina Ecuador Latin America and Caribbean

LatAm Briefs: Kircher On IMF, OCP President Resignation

ENERGY ANALYTICS INSTITUTE (EAI)24 March 202126 March 2021
(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...
LatAm Briefs: PDVSA Pipeline Attack, EP PetroEcuador Replanting
Ecuador Latin America and Caribbean Venezuela

LatAm Briefs: PDVSA Pipeline Attack, EP PetroEcuador Replanting

ENERGY ANALYTICS INSTITUTE (EAI)21 March 202122 March 2021
(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...
EP PetroEcuador Reveals Energy Efficiency Program
Ecuador Latin America and Caribbean

EP PetroEcuador Reveals Energy Efficiency Program

ENERGY ANALYTICS INSTITUTE (EAI)10 February 202117 February 2021
(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...
PetroEcuador Starts Work On Two SOTE Variants
Ecuador Latin America and Caribbean

PetroEcuador Starts Work On Two SOTE Variants

ENERGY ANALYTICS INSTITUTE (EAI)5 February 202117 February 2021
(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...
EP PetroEcuador Completes Merger With PetroAmazonas
Ecuador Latin America and Caribbean

EP PetroEcuador Completes Merger With PetroAmazonas

ENERGY ANALYTICS INSTITUTE (EAI)4 January 202114 January 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)8 December 202015 December 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)6 December 202016 December 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)5 December 202015 December 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)2 December 202015 December 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...
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 November 202015 December 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 November 202015 December 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 November 202025 November 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 November 202025 November 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...
EP PetroEcuador Awards $54.8mn Insurance Policy
Ecuador Latin America and Caribbean

EP PetroEcuador Awards $54.8mn Insurance Policy

ENERGY ANALYTICS INSTITUTE (EAI)12 November 202015 November 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...
CEOs At PetroEcuador And PetroAmazonas Resign
Ecuador Latin America and Caribbean

CEOs At PetroEcuador And PetroAmazonas Resign

ENERGY ANALYTICS INSTITUTE (EAI)3 November 20207 November 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)2 November 20203 November 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 October 20207 November 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 October 20207 November 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 October 202019 November 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 October 202020 October 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 October 202020 October 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...
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)7 October 202012 October 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...
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 September 202023 September 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...
PetroEcuador Conducts Fire Drill At Port In Manabí
Latin America and Caribbean

PetroEcuador Conducts Fire Drill At Port In Manabí

ENERGY ANALYTICS INSTITUTE (EAI)17 September 202017 September 2020
(Energy Analytics Institute, 17.Sep.2020) — Personnel from EP PetroEcuador participated in a fire drill conducted in the port of Jaramijó in Manabí. Source: EP PetroEcuador Source: EP PetroEcuador Source: EP...
Ecuador Briefs: MENRNR Appointments
Ecuador Latin America and Caribbean

Ecuador Briefs: MENRNR Appointments

ENERGY ANALYTICS INSTITUTE (EAI)2 September 202014 September 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)1 September 20203 September 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...
EP PetroEcuador And PetroAmazonas EP To Merge
Ecuador Latin America and Caribbean

EP PetroEcuador And PetroAmazonas EP To Merge

ENERGY ANALYTICS INSTITUTE (EAI)28 August 20209 September 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 August 20203 September 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 August 20203 September 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 Obtains Permits From MAAE
Ecuador Latin America and Caribbean

EP PetroEcuador Obtains Permits From MAAE

ENERGY ANALYTICS INSTITUTE (EAI)15 August 202018 August 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 August 202018 August 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...
Ecuador Applies Fuels Price Band
Latin America and Caribbean

Ecuador Applies Fuels Price Band

ENERGY ANALYTICS INSTITUTE (EAI)10 August 202017 September 2020

EP PetroEcuador will apply the fixation and publication of prices in Ecuador’s clean products terminals in compliance with executive decree no. 1054 of 19 May 2020, by means of which the “regulation of prices of petroleum derivatives” was amended.

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 July 202014 July 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 July 202014 July 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...
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 July 202011 July 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 --...
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)8 July 202016 July 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...
PetroEcuador Monitoring Emissions At Esmeraldas
Ecuador Latin America and Caribbean

PetroEcuador Monitoring Emissions At Esmeraldas

ENERGY ANALYTICS INSTITUTE (EAI)30 May 202030 May 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...
PetroEcuador Automates Personnel Selection Process
Ecuador Latin America and Caribbean

PetroEcuador Automates Personnel Selection Process

ENERGY ANALYTICS INSTITUTE (EAI)12 May 202017 May 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...

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NRGBriefs: Trinidad’s Fuel Subsidy; Citgo Giusti Departure; “Almost Out of the Faja”

Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

Forefront Power to Develop Solar Energy Systems for Anheuser-Busch

Sumitomo and Promigas to Accelerate Hydrogen Mobility in Colombia

PNM Announces Executive Changes

CFE Reveals Commencement of Cash Tender Offer

HIF Global and Uniper Ink Letter of Intent to Produce, Sell eFuels

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NRGBriefs: Chevron Comments on Venezuelan License; SQM Results

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Frontera Announces Annual and Special Meeting Results

Frontera Releases Sustainability Report

NG Energy Receives Initial Prepayment from the María Conchita Block

Citgo Reports 1Q:22 Net Income of $245mn

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