(Energy Analytics Institute, 20.Jun.2022) — Social unrest in Ecuador is again impacting the operations of state owned EP PetroEcuador in the Amazon region of the South American country. After eight days of stoppages called by some opposition organizations, the company has reported accumulated loss production (company and consortia) of 64,347 […]
Tag: Italo Cedeno
Shell Among Companies Chasing Ecuadorian Oil After Russia Sanctions
(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 of Russian crude. Ecuador’s state oil company EP Petroecuador held back-to-back meetings this week in Louisiana with several refiners and […]
NRGBriefs: EP PetroEcuador Lays Out Production Plans 2022-26
(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 Rodriguez traveling to participate in meeting w/ Russia’s Foreign Minister Sergey Lavrov to “reaffirm friendship bonds and deepen strategic cooperation; […]
NRGBriefs: Argentina’s President Meets with Putin
(Energy Analytics Institute, 3.Feb.2022) — Energy briefs including Grupo EnergĂa Bogotá commencing assembly of the first tower of its north project in Chocontá (Cundinamarca); Argentina’s President Alberto Fernandez visiting Russia to discuss energy, industry, environmental and financing issues w/ his Russian counterpart Vladimir Putin; and EP PetroEcuador General Manager Äştalo […]
Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year
(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 on Wednesday. Petroecaudor’s production averaged some 380,000 boed until November. It dwindled to a trickle in December after pumping through […]