(Bloomberg, 23.Feb.2022) — At a time when bond investors are feeling the burn pretty much everywhere, a developing nation infamous as a serial defaulter has emerged as a surprising bright spot. Ecuador’s dollar bonds have returned 6.4% this year, compared with an average loss of 4.2% for emerging markets, according […]
Tag: Guillermo Lasso
Ecuador Oil Sector to See Busy Year
(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 to open up the heavily indebted Andean country to foreign investment. Lasso’s new center-right government, which has set out to […]
NRGBriefs: Colombia Eyes Net-zero Deforestation By 2030
(Energy Analytics Institute, 22.Oct.2021) — Energy briefs including CorporaciĂłn Nacional del Cobre de Chile (Codelco) announcing final results of a previously announced offer to purchase for cash outstanding notes due in 2023, 2024, and 2025; Colombia aiming to achieve net-zero deforestation by 2030 and carbon neutrality by 2050; Frontera Energy […]
LatAmBriefs: TGI Eyes Buenaventura LNG Import Project
(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 natural gas (LNG) import project in Buenaventura; and more from Ecuador, Mexico and Venezuela. Argentina — Argentina’s National Electricity Regulatory […]
NRGBriefs: Pemex Deer Park Refinery Deal, Lasso Sworn In
(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 Guillermo Lasso taking the helm in the South American oil producing country. LATIN AMERICA AND THE CARIBBEAN Pemex Deer Park […]
LatAm Briefs: Lasso Wins Run-off, Ecuador Oil Output
(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 barrels per day of oil. Lasso Wins Run-off Election In Ecuador Guillermo Lasso Mendoza won the presidential run-off election on […]
US Sends Congrats To Guillermo Lasso
(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 our congratulations to the Ecuadorian people for exercising their right to select their leadership, especially during these uniquely challenging times. […]
Ecuador Bonds Rally As Millionaire Banker Wins Ecuadorian Presidency
(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 U.S. ties. Lasso beat out economist Andres Arauz, a left-wing protege of former President Rafael Correa, by a clear margin […]
Ecuador’s Presidential Vote Heads To A Runoff
(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 secure an outright victory. The economist AndrĂ©s Arauz, outpolled a conservative rival, Guillermo Lasso, and an Indigenous environmental activist, Yaku […]