Ecuador declares force majeure on all oil contracts
The threat of soil erosion has forced the shutdown of the country’s two pipelines that carry crude across the Andes.
Source: aljazeera.com
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EU's £250billion bid to tackle China
EU Commission President Ursula von der Leyen told a news conference: 'Indeed, countries ... need better and different offers (to China's initiative).'
Source: dailymail.co.uk
How China has flexed its economic muscles in Latin America
Cuba has invited Chinese firms and investors to help overhaul its energy network - just the latest in a string of loans, building projects and deals that has brought Latin America under Beijing's influence.
Source: dailymail.co.uk
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Ecuador to spend $80 mln on thermal power stations as erosion threatens hydro plant
Ecuador's state-run power company CELEC said on Thursday it will spend $80 million to repair idle thermal power plants to prepare them to provide backup electricity supply, as raging river erosion threatens its massive Coca Codo Sinclair hydroelectric plant.
Source: reuters.com
Specialists from the United States Army Corps of Engineers begin inspection of the area of regressive erosion in the Coca River
Press Release Specialists from the United States Army Corps of Engineers begin inspection of the area of regressive erosion in the Coca River Bnamericas Published: Monday, July 26, 2021
Source: bnamericas.com