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.
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.
ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.
Ecuador and Chilean subsidiary ENAP SIPEC have renegotiated an agreement to operate an oil block in the Ecuadorian Amazon, providing for an additional investment of $90 million until 2035.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
The Presidents of Peru and Ecuador pledge to fight transnational crime and explore opportunities for oil cooperation, including the refining of Ecuadorian oil at Talara.
An oil leak of undetermined extent has contaminated the Napo River, a major tributary of the Amazon, impacting local communities, according to Petroecuador.
Under the presidency of Gustavo Petro, Colombia is experiencing a historic turning point in terms of energy and environmental policy. With a firm commitment to energy transition, the Petro government aims to reduce the country's dependence on fossil fuels.
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.
Faced with the worst drought in 50 years, Costa Rica will have to ration electricity next week. This El Niño-related water deficit threatens the country's hydroelectric production, which relies heavily on renewable energies.
U.S. oil and gas group Halliburton posted first-quarter net income of $609 million, down 7% but ahead of expectations, thanks to strong international business.
