Frontera Energy Corporation confirms the divestment of its interest in the Perico and Espejo oil blocks in Ecuador, signalling a strategic refocus on its operations in Colombia.
Gran Tierra Energy confirms a major asset acquisition in Ecuador’s Oriente Basin for USD15.55mn, aiming to expand its exploration and production activities across the Andean region.
The private OCP pipeline has resumed operations in Ecuador following an interruption caused by heavy rains, while the main SOTE pipeline remains shut down, continuing to impact oil exports from the South American country.
Petroecuador suspended activities at its Esmeraldas refinery following a fire, with no injuries reported, while an investigation is under way to assess the damage.
Ecuador has detected a new oil spill in a pipeline located in the Amazonian province of Napo, near its main hydroelectric plant, raising concerns over the country’s energy supply.
A landslide caused the rupture of the SOTE pipeline in Ecuador, leading to an oil spill in the Esmeraldas River. Authorities have declared an environmental emergency in the Esmeraldas region.
Ecuadorian president Daniel Noboa has threatened not to sign the development contract for the Sacha oil field unless a $1.5bn deposit is paid within six days by the Sino-Canadian consortium.
Ecuador has granted a concession for its main oil field, Sacha, to a consortium formed by Sinopec and New Stratus Energy. The contract, to be signed in April, aims for a significant production increase within three years.
Ecuador is experiencing a marked increase in diesel and gasoline imports due to ongoing challenges in its refineries, exacerbated by extended maintenance periods.
The International Monetary Fund announced an agreement with Ecuador on the first review of its economic aid program, paving the way for a $500 million disbursement amid an energy and economic crisis.
Ecuador has transferred management of the OCP pipeline to the state for an interim period of six months following the expiration of the contract with OCP Ecuador. A new tender will soon be launched to determine its future operation.
In the face of a historic drought, Ecuador has reintroduced electricity cuts lasting up to 10 hours per day. The decision aims to prevent a collapse of the national electricity system, primarily powered by hydroelectricity.
The $43 million funding granted by Japan for the Chachimbiro geothermal project marks a key step for Ecuador’s energy diversification strategy, aiming to strengthen the country's autonomy and the stability of its electricity supply.
Ecuador is experiencing a major energy crisis, with rotating power cuts due to a historic drought.
This situation raises major economic and social issues, prompting us to rethink our dependence on hydroelectricity and explore sustainable solutions.
Ecuador is experiencing an energy crisis marked by scheduled power cuts and maintenance work.
This situation, exacerbated by unfavorable weather conditions, raises crucial economic and social issues for the country.
Ecuador has suffered further power cuts in several provinces, exposing recurring weaknesses in its network and raising the question of energy infrastructure management.
Indigenous communities in the Ecuadorian Amazon, including the Waorani, are contesting the impacts of oil extraction in the Yasuni reserve, raising questions about the country's resource management and economic strategies.
Ecuador is embarking on a delicate transition to stop extracting oil from Block 43, in response to the 2023 referendum, in the face of major economic and logistical challenges.
