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Ecuador Political News

Read the latest political news out of Ecuador including new and ongoing issues, the political system, and the president of Ecuador Rafael Correa.

September 15, 2021

Juan Carlos Bermeo, Minister of Energy: The goal is to reach 526,000 barrels per day by December 2021, focusing on Petroecuador fields

The Minister of Energy and Non-Renewable Natural Resources, Juan Carlos Bermeo, assures that there is a strategy to meet the …

September 10, 2021

Two New Uncitral Arbitrations Against Ecuador For Oil Concessions

The consortiums Kamana Sevices SA (composed of the French Schlumberger and the Argentine Tecpetrol) and Servicios Petroleros Igapó SA (of …

September 8, 2021

Waiting for new contracts, oil companies remain in inertia

Ecuador’s oil production reached 497,664 barrels per day between January and August 2021, 7.36% more than the same period of …

September 8, 2021

Ecuador Looks To Double Its Oil Production

The oil-dependent South American country Ecuador, which left OPEC in January 2020 to avoid production quotas, has embarked on an …

September 1, 2021

The Attorney General’s Office recovered assets from a businessman sentenced for the crime of bribery in Petroecuador

The Ecuadorian State recovered two real estate, a car and a motorcycle that belonged to Humberto Guarderas Córdova, a former …

August 25, 2021

Guillermo Lasso seeks to expedite the negotiations for the signing of the trade agreement with Mexico

President Guillermo Lasso prioritizes a great challenge in Mexico : to unblock the commercial negotiation in order to reach, until …

August 24, 2021

Guillermo Lasso will promote a free trade agreement on his official trip to Mexico

The President of the Republic, Guillermo Lasso, will propose a free trade agreement with Mexico, during his two-day official visit …

August 20, 2021

Ecuador sees 8% crude output rebound; eyes $14 bln in investment

Ecuador expects crude production to rise 8% by the end of the year to around 530,000 barrels per day (bpd), …

August 19, 2021

Ecuador sees a rebound in its crude production of 8% in 2021 and analyzes an investment of US $ 14,000 million

Ecuador expects to increase its crude production by 8% by the end of the year, to around 530,000 barrels per …

August 17, 2021
The Ecuadorian Flag

Ecuador, one of the countries with the cheapest diesel in the region

In Colombia and Peru there is a fuel price band with twice the Ecuadorian value. Locally, carriers say they are …

August 16, 2021

Presidents Duque and Lasso inaugurated the road that joins the border between Colombia and Ecuador

The president of Colombia, Iván Duque, and the president of Ecuador, Guillermo Lasso, inaugurated this Saturday, August 14, the road …

August 12, 2021

Unions, indigenous people of Ecuador hold first protest against Lasso

The United Front of Workers (FUT) and the Confederation of Indigenous Nationalities of Ecuador (Conaie) on Wednesday held the first …