(Energy Analytics Institute, 14.Apr.2022) — Ecuador’s President Guillermo Lasso ordered the modification of the name of Ministry of Energy and Non-Renewable Natural Resources (MERNNR) to that of the Ministry of Energy and Mines. The name change went into effect with the issuance of Executive Decree 400 dated 14 April 2022 […]
Tag: Juan Carlos Bermeo Calderó
Ecuador Eyes Key Oil Sector Actions in 2022
(Energy Analytics Institute, 2.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, highlighted key goals the country looks to achieve in 2022. In 2022, the Andean country looks to renegotiate contracts for a voluntary migration to a participation scheme, develop the […]
MENRNR Head Approves Strategic Plan 2021-25
(Energy Analytics Institute, 1.Feb.2022) — The head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR), Juan Carlos Bermeo Calderón, approved the Strategic Plan for 2021-25. The plan is seen as fundamental to promote actions that ensure compliance with current public policies and institutional attributions, within a framework of […]
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 […]
Petroamazonas EP Gets New Manager Franklin Paredes
(Energy Analytics Institute, 8.Nov.2020) — The Board of Directors of PetroAmazonas EP, led by the Ecuador’s Minister of Energy and Non-Renewable Natural Resources René Ortiz and the Chairman of the Board of the Public Companies Coordinating Company (EMCO EP) José Andrés López, appointed Franklin Paredes Galeas as deputy general manager […]
CEOs At PetroEcuador And PetroAmazonas Resign
(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, reported online newspaper El Universo. Issues weighing in on both departures include fees related to Ecuador’s Oleoducto de Crudos Pesados […]
Executives At Ecuador’s State Oil Entities Resign
(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 in a statement on Monday. The government has said the merger of Petroecuador, which controls the country’s oil refineries, and […]
PetroAmazonas Reduces Activities In Block 43-ITT
(Energy Analytics Institute, 29.Jul.2020) — PetroAmazonas EP will reduce its work capacity by 30% in Block 43–ITT (Ishpingo, Tambococha, Tiputini), located in Orellana province, for 45 days. The decision was made to preserve the health of employees and collaborators during the Covid-19 pandemic, PetroAmazonas General Manager Juan Carlos Bermeo Calderón […]
Ecuador Eyes Its First LNG Import Terminal
(Argus, 27.Jul.2020) — US firm Sycar plans to build Ecuador’s first LNG import terminal, with construction expected to start in 2021. Sycar, in partnership with an unnamed LNG trading firm, intends to install a floating storage and regasification unit (FSRU) to provide regasified LNG to the 130MW Thermo Gas Machala […]
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 renewable energies sectors. ARGENTINA — During the first half of July a tender will be launched in Argentina for the construction of a new natural […]
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 Resources Ministry, the ministry announced 23 May in a statement. Bermeo replaces Patricio Larrea, who held the position from 25 May 2017. *** © Energy […]