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.
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 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.
Venezuela awards oil contracts to Anhui Erhuan Petroleum Group and Kerui Petroleum, strengthening its international alliances ahead of the presidential elections.
Venezuela awards oil contracts to Anhui Erhuan Petroleum Group and Kerui Petroleum, strengthening its international alliances ahead of the presidential elections.
