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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.

July 21, 2021

Ecuadorian Amazon registers the worst rains in 10 years; pipelines and roads are at risk

Yesterday, July 19, 2021, heavy rains were recorded in the provinces of Napo and Orellana, Ecuador’s Amazon. The unusual rainfall …

July 20, 2021

Petroecuador Crude Production Falls

The daily oil production of the state-owned PETROECUADOR was 387,494 barrels this Sunday and that of private companies was 108,116 …

July 19, 2021

Is it possible to double oil production?

The President of the Republic, Guillermo Lasso, signed Executive Decree 95 a few days ago, which establishes the country’s new …

July 13, 2021
The Ecuadorian Flag

President Guillermo Lasso seeks free trade agreement with the United States

The President of the Republic, Guillermo Lasso participated in the inauguration of the Edition of the Business Future of the …

July 12, 2021

The 45 Petroecuador gas stations will return to private hands after 8 years of declaration of public utility

Forty-five gas stations owned by Petroecuador (which are located especially in border provinces) will return to private hands, after eight …

July 9, 2021

Investigate alleged destruction of documents in the merger of Petroecuador and Petroamazonas

The Prosecutor’s Office and the Comptroller’s Office are investigating an alleged destruction of documents evidenced in the framework of the …

July 8, 2021

Ecuador president issues decree to open Petroecuador to private investors

Ecuadorian President Guillermo Lasso issued a decree July 7 aimed at opening up state oil company Petroecuador’s assets to private …

July 7, 2021

President Guillermo Lasso returned to Quito after spinal surgery in Miami

The president of Ecuador, Guillermo Lasso , returned to Quito this Friday, July 2, 2021, after undergoing a “medium complexity” …

July 7, 2021

Ecuador: indigenous people demand a reduction in the price of fuel

The indigenous party and various social movements in Ecuador on Monday expressed their rejection of the privatization of state entities, …

July 1, 2021
The Ecuadorian Flag

Ecuador’s economy fell 5.6% in first quarter, central bank says

Ecuador’s economy contracted by 5.6% in the first quarter of 2021 compared with the same period the prior year, the …

June 25, 2021

With an advance of $ 300 million, Vitol Inc. secured $ 922 million of Ecuadorian fuel oil for 30 months

The contract between Petroecuador and Oman Trading International Limited (OTI) represented a good deal for the multinational Vitol Inc., which …

June 22, 2021

Petroecuador announces well drilling campaigns in the Amazon

The Ecuadorian state oil company Petroecuador announced this Sunday that it would carry out drilling campaigns for production wells in various …