PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 125) — EP Petroecuador awarded tenders to the state-owned companies Unipec America Inc. and Petrochina International Co. Ltd. for the export of 4.32 million barrels (MMbbls) of Napo crude oil. The 2 companies presented the best international market differentials at […]
Tag: Napo
EP Petroecuador boasts 11 spot tenders in the 1Q:25, $1.814bn in export revenues
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 23.Apr.2025) — Ecuadorian crude oil exports continue to be a key driver of the national economy of the Andean country. In the 3-month period between Jan. 2025-Mar. 2025, EP Petroecuador held 11 international spot market tenders: 6 for Oriente oil and 5 […]
IMO 2020 May Slow Ecuador Loan Repayment
(Argus, 30.Dec.2019) — Possibly narrower differentials for sour crudes — under pressure from looming emissions regulations — could slow Ecuador’s repayment of its oil-backed debt and limit availability for spot market exports in the first half of 2020. Ecuador produces heavy sour Napo and medium sour Oriente crudes. It owes […]
Coca Codo Sinclair Hydroelectric Plant Operating With 5 of 8 Turbines
(Energy Analytics Institute, Ian Silverman, 10.Oct.2018) — The dispatch of energy from the Coca Codo Sinclair hydroelectric plant, located between Napo and Orellana, was carried out Oct. 9 “with restrictions for security reasons.” As of mid-day Oct. 9, the plant was only operating with five of its eight turbines, reported […]
Ecuador Signs Deals Worth $1.62 Bln for Development of 6 Oil, Gas Fields
(Sputnik, 5.Oct.2018) — The government of Ecuador, represented by the state-run Petroamazonas energy company, signed investment contracts worth $1.62 billion for the development of six oil and gas fields, local media reported. The contracts concern the Cuyabeno-Sansahuari, Yuralpa, Oso and Blanca-Vinita fields, located in the provinces of Orellana, Napo and Sucumbios. […]
Four Cos. to Invest $727 Mln in Ecuador
(Energy Analytics Institute, Jared Yamin, 18.Aug.2018) – Ecuador announced four companies would invest $727.85 million to boost production in a number of fields. The companies – Triboilgas CĂa. Ltda, Vinccler C.A, Arotekh C.A. and Avanzia – plan the investments in the Cuyabeno/Sansahuari, Oso, Yuralpa and Blanca/Vinita fields located in provinces […]