BOGOTĂ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 25.Oct.2026, Words: 121) â The state-owned companies of Ecuador and Peru, EP Petroecuador and PetroperĂș, respectively, renewed commercial operations after 4 years, strengthening regional energy integration. Said operation opens new possibilities for cooperation in the supply of crude oil and derivatives, logistics […]
Tag: Oriente
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) â 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 […]
Venezuela Producing 345,000 B/D: Oil Official Freites Says
(Energy Analytics Institute, 23.Sep.2020) â Crude oil production in Venezuela, home to arguably the worldâs largest oil reserves, has fallen to around 345,000 barrels per day (b/d), according to comments from oil union official Ivan R. Freites. Venezuelaâs production is down from around 3.3 million barrels per day (MMb/d) in […]
IMO 2020 May Slow Ecuador Loan Repayment
(Argus, 30.Dec.2019) â Possibly narrower differentials for sour crudes â under pressure from looming emissions regulations â 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 […]