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 and Napo crude oil. The exports will generate direct revenue estimated at $683mn for the Ecuadorian state to contribute to public finances.
Tag: Unipec
EP Petroecuador awards tender for 8.6 MMbbls of Oriente crude to Unipec and Petrochina
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Aug.2025, Words: 150) â EP Petroecuador awarded the export of 8.6 million barrels (MMbbls) of Oriente crude oil through 3 international tenders to the state-owned companies Unipec AmĂ©rica Inc. (-$3.70/bbl) and (-$3.05/bbl) and Petrochina International Co. Ltd. (-$3.62/bbl, which emerged as […]
Ecuador Awards 3,960,000 bbls to Shell (Oriente) and Unipec (Napo)
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Jan.2025) â EP PetroEcuador expects to export 3,960,000 barrels (bbls) of crude oil in Feb. 2025, which will generate estimated revenues of $251mn. This as EP PetroEcuador awarded the sale of 1,800,000 bbls of Oriente crude to Shell Western Supply and Trading […]
EP PetroEcuador exported 120 MMbbls in 2024, generating sales of $8.183bn
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.Jan.2025) â EP PetroEcuador exported 120,052,357.43 bbls of Oriente, Napo, Fuel Oil No. 6 and Vacuum Gas Oil in 2024, which generated sales of $8.183bn during the year. Of the exports, Ecuador’s Oriente crude represented 67,253,025.50 bbls, Napo crude (46,205,910.55 bbls), Fuel […]
Sinopec Signs LT Deal With Venture Global LNG
(Sinopec, 4.Nov.2021) â China Petroleum & Chemical Corporation (HKG: 0386, Sinopec) signed a 20-year liquified natural gas (LNG) contract with U.S. LNG producer and exporter Venture Global LNG to purchase 4mn tons of LNG a year. Venture Global will supply the LNG from its plant in Plaquemines, Louisiana. In addition, China International […]
Ecuador Seeking New Oil-backed Loan From China
(Argus, 13.Jul.2020) â Ecuador’s austerity-minded government is in discussions with China to secure a new loan backed by oil sales. The fresh loan of at least $1.4bn would be secured by some 50mn bl of crude sales under a long-term arrangement that replicates a series of oil-backed debt contracts that […]
Asia Eyes LatAm For Heavy Crude Amid Supply Risk
(S&P Global Platts, 8.Jan.2020) â Some Asian importers of Iraqi crude oil may scout for more heavy sour crude from Central and South America in the first quarter, as ongoing missile strikes in Iraq has put regular flow of Basrah crude to the Far East at some risk. Asian refiners […]
Glencore Lands PetroEcuador ‘Spot’ Deal
(Energy Analytics Institute, Ian Silverman, 14.Jul.2018) â Glencore Ltd won a recent EP PetroEcuador spot auction, which guarantees the Ecuadorian entity income of $279.3 million. The Swiss company offered the best bid price with a positive differential of $ 1.08 per barrel, reported the daily newspaper El Universo. EP Petroecuador […]
Pemex to Supply Isthmus Crude to Japan
(Pemex, 24Jul.2015) â Pemex, through P.M.I. Comercio Internacional (PMI), and the largest refining company in Japan, JX Nippon Oil & Energy Corporation, agreed to ship 6 MMbbls of Isthmus crude oil through 6 cargoes beginning in Aug.2015 and until Jan.2016, from the Salina Cruz maritime terminal located in the state […]