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Deyvid Bacelar, the head of oil workers' union FUP, also said that the leftist leader had decided to name Senator Alexandre Silveira as his future mines and energy minister. Ecuador reaches $351 mln payment arrangement for Perenco's settlement QUITO - Ecuador reached an agreement with French oil company Perenco to pay it slightly more than $351 million by the end of 2023, as part of an arbitration settlement, the economy ministry said Thursday. The settlement stems from legal changes Ecuador made between 2006 and 2007 regarding extra oil revenues under the administration of former President Rafael Correa.
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