Tag: Petroecuador

PRESS DIGEST 15 MAY 2026: MEX eyes PEMEX-PETROBRAS collab; YPF’s $25bn RIGI bet

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MONTERREY, MEXICO (By editors with Energy Analytics Institute, 15.May.2026, Words: 215) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Caturus LNG, YPF SA, Petroecuador, Frontera Energy Corporation, PETROBRAS, PEMEX, CFE, among others. Energy Analytics […]

Ecuador says will take legal action against fuel speculators, has sufficient fuel supply

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PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.May.2026, Words: 215) — Ecuador’s government said it has sufficient fuel supply and will take legal action against speculators looking to exploit citizens through speculation. Petroecuador is implementing various operational and logistical measures to guarantee supply, maintaining an adequate stock of gasoline […]

PetroEcuador promotes increased associated gas extraction in Shushufindi central

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PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Apr.2026, Words: 180) — PetroEcuador is promoting energy efficiency in the Shushufindi central oil field with installation of 2 compressors for the extraction and transport of associated gas to the Shushufindi refinery’s gas processing plant.  This will generate significant savings for the […]

Ecuador takes measures to boost security of national pipeline network 

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PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Mar.2026, Words: 370) — Petroecuador and the Ministry of the Interior signed a specific inter-institutional cooperation agreement that will strengthen security and control measures in the national pipeline network, including oil and gas pipelines.  This agreement — with the aim of reinforcing […]

PetroEcuador’s Esmeraldas refinery resumes operations in Ecuador [photo journal]

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BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 4.Dec.2025, Words: 336) — The fluid catalytic cracking (FCC) unit at the Esmeraldas refinery resumed operations in early Dec. 2025, according to state-owned Petroecuador. This, following the completion of maintenance work carried out at this refining facility after damage caused by an earthquake […]

Petroecuador boasts productive development of GalĂĄpagos Islands with continuous LPG supply

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BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 3.Dec.2025, Words: 268) — State-owned Petroecuador, the sole distributor of liquefied petroleum gas (LPG) in the GalĂĄpagos province, boasts continuous supply of this product to the cantons of San CristĂłbal, Santa Cruz, and Isabela. This, by taking into account the capacity of its […]

EAI brief: Petroecuador supplies LPG to GalĂĄpagos Islands residents

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BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 3.Dec.2025, Words: 120) — Ecuador’s national government, through state-owned Petroecuador, is boosting the productive development of the GalĂĄpagos Islands with the continuous supply of liquefied petroleum gas (LPG).  RELATED: PETROECUADOR BOASTS PRODUCTIVE DEVELOPMENT OF GALÁPAGOS ISLANDS WITH CONTINUOUS LPG SUPPLY LPG cylinders […]

Ecuador Oil Sector to See Busy Year

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(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 […]

Ecuador, PTT Renegoitiate New Oil-For-Loan Deal

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(Reuters, 11.Mar.2021) — Ecuador has reached a preliminary agreement with a unit of Thailand’s state-run PTT PCL to extend to 2024 the payment period of an oil-for-loan agreement that was originally planned to be fully paid through 2022, the country’s energy minister said on Thursday. State-run oil company Petroecuador was […]

Ecuador Awaits Refinery Bids In December

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(Argus, 23.Sep.2020) — 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 PetroEcuador’s downstream monopoly in the former Opec country. In a tender timeline issued by the energy and non-renewable natural resources ministry, the refinery contract will […]

Ecuador Resumes Exports After Protests

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(Reuters, 20.Oct.2019) — Ecuadorean state oil company Petroecuador said on Sunday it is resuming crude exports after protests this month against government austerity measures forced it to declare a force majeure. Ecuador on Oct 9 halted crude sales and shut a crucial state oil pipeline because at least 20 fields […]

Ecuador Halts SOTE Over Protests, Eyes Force Majeure

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(Reuters, 9.Oct.2019) — Petroecuador halted operations of its Trans-Ecuadorean Pipeline System (SOTE) on Wednesday after anti-austerity protests choked off production from some oil fields it uses for stock, the energy ministry said on Wednesday. The state-run company’s pipeline, which normally transports 360,000 barrels per day to the Pacific Coast, was […]

CONAIE And CONFENIAE Comment On Indigenous Mobilization

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(CONAIE, 8.Oct.2019) — Indigenous peoples across Ecuador have mobilized against the central government’s neoliberal policies and extractive practices, as have workers unions, student unions and a diverse group of civil society. Our civil disobedience has included marches, road blocks, and the detention of military and police personnel accused of violence […]

Ecuador Court Upholds $9bn Chevron Ruling

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(AP, 13.Jul.2018) – 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 court’s decision announced Tuesday night, saying it should pave the way for indigenous tribes to receive compensation for oil spills that contaminated groundwater and soil […]

Indigenous Groups Await Chevron Payments

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(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) – Indigenous groups in Ecuador that were affected by activities of San Roman, California-based Chevron in the country continue to await payment from the oil giant. Ermel ChĂĄvez, from the Amazon Defense Front, recently spoke about the issue during a press conference in Ecuador. […]

EP PetroEcuador, Politécnica Nacional Sign Deal

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(Energy Analytics Institute, Ian Silverman, 10.Jul.2018) – EP PetroEcuador and the Escuela PolitĂ©cnica Nacional (EPN by its Spanish acronym) signed an Inter-institutional Technical Cooperation Agreement that relates to the early detection of seismic or volcanic phenomena that may affect the transport, storage, refining and commercialization of hydrocarbons of the state […]

EP PetroEcuador Lays Out Goals for 2016

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(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) – EP PetroEcuador revealed some of its goals for 2016, reported the state company in an official statement. The goals for 2016 include, but are not limited to the following: — Operation of product pipeline Pascuales Cuenca, — Company restructuring, — Construction of […]

PetroEcuador Reports 79% Decline In EBITDA

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(Energy Analytics Institute, 25.May.2016, Clifford Fingers III) – EP PetroEcuador reported operational revenues of $9.284 billion in 2015, down $6.458 billion or 41 percent compared to $15.742 billion in 2014 due to variations in international oil prices, reported the state company in an official statement. Operational expenses were $8.209 billion […]

Ecuador Considers Venezuela as Partner in Refinery

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(Energy Analytics Institute, 30.Mar.2016, Clifford Fingers III) – While Ecuador continues to seek financing from foreign investors looking to invest in the estimated $13 billion Pacific Refinery project, the country continues to reserve an interest for Venezuela. “Venezuela is part of the project and is a strategic partner that will […]

PetroEcuador Esmeraldas Refinery Restarts FCC Unit

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(PetroEcuador, 18.Sep.2015) – PetroEcuador says activities initiated on September 11, 2015 to restart the fluid catalytic cracker unit at the Esmeraldas refinery, according to a statement posted to the state oil company’s website. The definitive restart of FCC unit is estimated for late-November 2015. The unit has undergone 14-months of […]

$1.2 Bln Esmeraldas Rehab Work Near Complete

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(PetroEcuador, 18.Sep.2015) – PetroEcuador says that overhaul work is being performed on processing units at the 110,000 barrel per day (b/d) capacity Esmeraldas refinery that have deteriorated due to inadequate maintenance work, according to a statement posted to the state oil company’s website. Work is being performed on the catalytic […]

Ecuador Open Market Meetings in Houston

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(Energy Analytics Institute, Ian Silverman, 25.Jun.2013) – PetroEcuador holds open market committee meetings in Houston, Texas. Highlights from the discussion follow: Comments from PetroEcuador International Commerce Executive Nilsen Arias: “Oil’s contribution to the energy matrix was 85% in 2010, but will fall to 65-70% in 2013.” “Demand for gasoline, diesel […]