Egypt, Ecuador Explore Joint Cooperation in Oil, Natural Gas

• Monday, 1st April 2024
• by Sarah Samir

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Denys Toscano Amores, the Ecuadorian Ambassador to Cairo. The meeting reviewed ways of cooperation between the two countries in all fields of the...

Ecuador Receives Bids for Sale of 3.6 MM BBL 

• Tuesday, 30th June 2020
• by Editorial Team

Ecuador’s state-run oil company Petroecuador announced on June 29 that it had received bids from seven companies interested in buying a cumulative total of 3.6 million barrels (mmbbl) of Oriente crude by means of a sp...

Petroamozonas Restarts Operations in its Oil Fields 

• Sunday, 10th May 2020
• by Editorial Team

Ecuador’s Petroamazonas EP has restarted operations in oil fields Sacha, Drago, Libertador and Lago Agrio, after the operation of the Trans-Ecuadorian Pipeline System (SOTE) and the Heavy Crude Pipeline (OCP), accordi...

Ecuador Calls on Colombia, Mexico to Freeze Oil Output

• Wednesday, 30th March 2016
• by Egypt Oil & Gas

Ecuador is lobbying fellow Latin American oil exporters, Colombia and Mexico, to freeze crude production as part of a broad price-boosting effort that would be cemented at an April 17th meeting of OPEC and non-OPEC pr...

LatAm Oil Producers Meeting Postponed

• Thursday, 10th March 2016
• by Egypt Oil & Gas

A key meeting between Latin American oil producers and exporters planned to unify the region in backing an output freeze or other measures to bolster prices, has been postponed due to scheduling difficulties, Ecuador&...

Ecuador Seeking ‘Friendly’ Resolution to Occidental Dispute

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Ecuador’s President Rafael Correa said on Saturday that his country is in ‘friendly’ negotiations with Occidental Petroleum Corp over the payment of a $1.77b award the Latin American nation was order...