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Ecuador
Ecuador supports Bolivia if contracts are respected
Ecuador supports Bolivian President Evo Morales’ decision to nationalize the country’s hydrocarbons resources, as long as Bolivia respects existing contracts with foreign corporations.
May 4, 2006, 06:34
Ecuador imposes additional windfall profit tax on oil
Ecuador expects to significantly increase oil revenue following the enforcement of a bill giving the government a 50% share in windfall profits from multinational oil companies.
Apr 26, 2006, 21:21
New oil taxes in Ecuador effective January
Energy Minister Ivan Rodriguez announced new oil taxes negotiations in Ecuador will probably be finish in next April, but Ecuador's government expects new taxes to be retroactive to January.
Dec 29, 2005, 08:16
Petroecuador Couldn't Operate Occidental's Oil Field
Petroecuador doesn't have staff with enough expertise to run an oil field operated by Occidental Petroleum Company, should it be obliged to take over management, according to officials with Petroecuador.
Dec 27, 2005, 15:45
Ecuador warned clash with oil firm threatens U.S. trade deal
The U.S. ambassador to Ecuador said that Quito's ongoing dispute with Occidental Petroleum over alleged breach of contract could hamper negotiations on a free-trade accord.
Dec 16, 2005, 11:35
Ecuadorian gov't gives green light to ethanol production
The government of Ecuador, a major Latin American oil producer, said it approved a project to make ethanol in an effort to reduce air pollution.
Dec 12, 2005, 11:38
ENAP and PetroEcuador sign agreements for E&P activities
The CEO of ENAP and the Executive President of PETROECUADOR signed a business agreement between the companies in Quito, Ecuador.
Dec 1, 2005, 08:19
Petroecuador 2006 budget up 21% over 2005
Ecuador's state oil firm Petroecuador said it set its 2006 budget at $3.67 billion, up 21 percent from the $3.03 billion projected to spend in 2005.
Nov 28, 2005, 11:36
Petroecuador to auction 144 Mb/d for 6 months
Petroecuador opened an auction to sell a six-month supply of 144 Mb/d of crude oil to private companies.
Nov 12, 2005, 15:51
Threats alleged in suit against Chevron
Threats have been made against the Ecuadorean leaders of an environmental lawsuit against Chevron Corp., and an international human rights commission should step in to help.
Nov 9, 2005, 13:04
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