Ecuadorean state oil company Petroecuador said on Wednesday it has suspended pumping on its SOTE oil pipeline and its Shushufindi polyduct as a preventative measure after a nearby bridge in Napo.
QUITO Ecuador’s government on Wednesday accused 28 candidates in local elections in cities across the country of having possible ties to drug trafficking and…
Ecuador’s state oil company Petroecuador has awarded a spot sale of 3.24 million barrels of its Oriente crude to PetroChina International Co. Ltd, it said on Friday, generating income of some $355 million for the Andean country. PetroChina International was awarded the spot contract after offering a differential of $3.45 dollars below West Texas Intermediate .
QUITO Ecuador will continue to receive delegations from the International Monetary Fund (IMF) even after its financing deal with the body has concluded,…
QUITO Ecuador’s state-owned oil company Petroecuador has started meetings to renegotiate long-term sales oil contracts with PetroChina, a process it hopes to…