PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 24.Feb.2026, Words: 312) â As part of the 2026 drilling campaign, Petroecuador contracted 7 drilling rigs to […]
Tag: Petroecuador
Ecuador eyes $683mn from 13.68-MMbbl tender, associated oil exportsÂ
BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 18.Dec.2025, Words: 315) â Petroecuador awarded crude oil export contracts totaling 13.68 million barrels (MMbbls) of Oriente […]
![PetroEcuadorâs Esmeraldas refinery resumes operations in Ecuador [photo journal]](https://energy-analytics-institute.org/wp-content/uploads/2025/12/esmeraldas-source-ep-petroecuador-1.jpg)
PetroEcuadorâs Esmeraldas refinery resumes operations in Ecuador [photo journal]
BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 4.Dec.2025, Words: 336) â The fluid catalytic cracking (FCC) unit at the Esmeraldas refinery resumed operations in early […]
Petroecuador boasts productive development of GalĂĄpagos Islands with continuous LPG supply
BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 3.Dec.2025, Words: 268) â State-owned Petroecuador, the sole distributor of liquefied petroleum gas (LPG) in the GalĂĄpagos […]
EAI brief: Petroecuador supplies LPG to GalĂĄpagos Islands residents
BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 3.Dec.2025, Words: 120) â Ecuadorâs national government, through state-owned Petroecuador, is boosting the productive development of the […]
EAI brief: Sacha field production only up 4% since Apr. 2019Â
PANAMA CITY, PANAMA (By Energy Analytics Institute, Piero Stewart, 28.Nov.2025, Words: 150) â Crude oil production to date from block 60 (the Sacha field) is […]
Petroecuador says new well boosts output at Sacha field by 2,000 b/d
BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 21.Nov.2025, Words: 224) â In block 60 (Sacha), one of Ecuador’s most emblematic oil fields, located in […]
Petroecuador Hopes to Boost Output to 425,000 boe/d by End of Year
(Reuters, 19.Jan.2022) â 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 […]
Ecuador Oil Sector to See Busy Year
(S&P Global Platts, 3.Jan.2022) â Ecuador’s oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 […]
Ecuador Judge Orders Pre-trial Detention Of Officials In Oil Graft Case
(Reuters, 14.Apr.2021) â An Ecuadorean judge ordered that the countryâs current comptroller and former energy minister be placed under pre-trial detention on charges of organized […]
Ecuador, PTT Renegoitiate New Oil-For-Loan Deal
(Reuters, 11.Mar.2021) â Ecuador has reached a preliminary agreement with a unit of Thailandâs state-run PTT PCL to extend to 2024 the payment period of […]
Ecuador Awaits Refinery Bids In December
(Argus, 23.Sep.2020) â Ecuador will receive bids to operate its 110,000 b/d Esmeraldas refinery on 22 December, a process that marks the end of state-owned […]
Ecuador Crude Pipelines Brace For Further Erosion
(Argus, 8.Jun.2020) â State-owned PetroEcuador restarted the 360,000 b/d Sote crude pipeline today after completing a second bypass. Heavy rains ruptured the line in early […]
PetroEcuador Delays May-June Fuel Imports
(Argus, 5.May.2020) â State-owned PetroEcuador has delayed all fuel imports that were supposed to arrive in May and June because of a sharp decline in […]
Ecuador Oil Flow Falls, Pipeline Repairs Advance
(Argus, 15.Apr.2020) â Ecuador’s oil production dwindled to just 68,000 b/d on 13 April in the wake of weather-related pipeline ruptures last week, forcing state-owned […]
LatAm NRG Producers Sweat To Cover Costs
(Reuters, 24.Mar.2020) â A price war between the world’s oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting chances […]
Latin America’s Spot Oil Sales Hit By Low Prices
(Reuters, 20.Mar.2020) â Spot sales of Latin America’s heavy crudes mostly dried up this week amid a demand contraction and steep slump in oil prices […]
Ecuador Resumes Exports After Protests
(Reuters, 20.Oct.2019) â Ecuadorean state oil company Petroecuador said on Sunday it is resuming crude exports after protests this month against government austerity measures forced […]
Ecuador Halts SOTE Over Protests, Eyes Force Majeure
(Reuters, 9.Oct.2019) â Petroecuador halted operations of its Trans-Ecuadorean Pipeline System (SOTE) on Wednesday after anti-austerity protests choked off production from some oil fields it […]
CONAIE And CONFENIAE Comment On Indigenous Mobilization
(CONAIE, 8.Oct.2019) â Indigenous peoples across Ecuador have mobilized against the central governmentâs neoliberal policies and extractive practices, as have workers unions, student unions and […]
Ecuador’s Moreno Decries ‘Coup Attempt’ Amid Protests
(Reuters, Alexandra Valencia and Daniel Tapia, 7.Oct.2019) â Thousands of indigenous protesters marched into capital Quito on Monday in a fifth day of action against […]
Ecuador Frees Up Fuel Prices, Unrest Erupts
(Argus, 3.Oct.2019) â Unrest has broken out in Ecuador ahead of the lifting of motor fuel subsidies tomorrow. The government declared a state of emergency […]
Ecuador President Mandates Merger of Petroamazonas And Petroecuador
(Energy Analytics Institute, Piero Stewart, 24.Apr.2019) â Ecuadorâs President Lenin Moreno mandated on 24 April 2019 initiation of a process to merge oil companies Petroamazonas […]
Esmeraldas Refinery Stoppage Delayed Until March 2019
(Energy Analytics Institute, Ian Silverman, 22.Aug.2018) â A scheduled 54-day stoppage at the Esmeraldas Refinery for the maintenance of the Non-Catalytic 1 and Catalytic 1 […]
OPEC MOMR Shows Further Oil Declines in Venezuela
(Energy Analytics Institute, Piero Stewart, 14.Aug.2018) â Venezuelaâs crude oil production declines seem unstoppable. Venezuelaâs crude oil production fell to 1.278 million barrels per day […]
Ecuador Court Upholds $9bn Chevron Ruling
(AP, 13.Jul.2018) â Ecuador’s highest court has upheld a US$9.5 billion judgment against oil giant Chevron for decades of rainforest damage. Plaintiffs celebrated the constitutional […]
Indigenous Groups Await Chevron Payments
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Indigenous groups in Ecuador that were affected by activities of San Roman, California-based Chevron in the country continue […]
EP PetroEcuador, Politécnica Nacional Sign Deal
(Energy Analytics Institute, Ian Silverman, 10.Jul.2018) â EP PetroEcuador and the Escuela PolitĂ©cnica Nacional (EPN by its Spanish acronym) signed an Inter-institutional Technical Cooperation Agreement […]
Venezuela Oil Output Slides to 1.4 MMb/d in May 2018
(Energy Analytics Institute, Piero Stewart, 14.Jun.2018) â Venezuela’s oil production continues its downward slope. Venezuelaâs crude oil production fell to 1.392 million barrels per day […]
Ecuador Producing 522 Mb/d of Crude Oil in late May 2018
(Energy Analytics Institute, Jared Yamin, 29.May.2018) â- South Americaâs Ecuador is producing 522,372 barrels per day. Total crude oil production from the small OPEC member […]
PetroEcuador Reports Increase In Shareholder Equity
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â EP PetroEcuador announced its Shareholder’s Equity rose to $5.659 billion in 2015 compared to $3.914 billion in […]
Ecuador’s SOTE Celebrates 44 Years of Operation
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â The TranEcuadorian Oil Pipeline (SOTE by its Spanish acronym) was inaugurated on June 26, 1972 with a […]
EP PetroEcuador Lays Out Goals for 2016
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) â EP PetroEcuador revealed some of its goals for 2016, reported the state company in an official statement. […]
PetroEcuador Reports 79% Decline In EBITDA
(Energy Analytics Institute, 25.May.2016, Clifford Fingers III) â EP PetroEcuador reported operational revenues of $9.284 billion in 2015, down $6.458 billion or 41 percent compared […]
La Libertad Refinery Starts Preventative Maintenance
(Energy Analytics Institute, 11.May.2016, Clifford Fingers III) â The La Libertad Refinery started preventative maintenance on May 15, 2016, reported EP PetroEcuador in an official […]
Ecuador Considers Venezuela as Partner in Refinery
(Energy Analytics Institute, 30.Mar.2016, Clifford Fingers III) â While Ecuador continues to seek financing from foreign investors looking to invest in the estimated $13 billion […]
PetroEcuador Esmeraldas Refinery Restarts FCC Unit
(PetroEcuador, 18.Sep.2015) â PetroEcuador says activities initiated on September 11, 2015 to restart the fluid catalytic cracker unit at the Esmeraldas refinery, according to a […]
$1.2 Bln Esmeraldas Rehab Work Near Complete
(PetroEcuador, 18.Sep.2015) â PetroEcuador says that overhaul work is being performed on processing units at the 110,000 barrel per day (b/d) capacity Esmeraldas refinery that […]
Journalist round table with PDVSA head Rafael Ramirez about the Faja, FONDEN, and more
CARACAS, VENEZUELA (By Pietro D. Pitts, Energy Analytics Institute, 31.Jul.2013) â PDVSA President Rafael Ramirez held a small round table with journalist in Caracas, Venezuela. […]
Ecuador Open Market Meetings in Houston
(Energy Analytics Institute, Ian Silverman, 25.Jun.2013) â PetroEcuador holds open market committee meetings in Houston, Texas. Highlights from the discussion follow: Comments from PetroEcuador International […]