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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.

June 2, 2021

Is the end of oil close to coming?

Climate activists and international investors are putting oil companies on the ropes, a global action that is also closing in …

June 1, 2021
The Ecuadorian Flag

Ecuador energy minister nominee withdraws after leaving miner’s board

Newly-installed Ecuadorean President Guillermo Lasso’s pick to be the oil-producing country’s next energy and mines minister withdrew from consideration on …

May 26, 2021

Ecuador’s new banker-turned-president pledges action on vaccinations, economy

Former banker Guillermo Lasso, sworn in as Ecuador’s new president Monday, said he would escalate efforts to vaccinate people against …

May 24, 2021

Guillermo Lasso: Ecuador’s new leader faces uphill struggle

The 65-year-old conservative former banker defeated left-wing rival Andrés Arauz in a closely fought run-off election on 11 April. He …

May 21, 2021
The Ecuadorian Flag

Ecuador president-elect names businessman as energy minister

Ecuador’s President-elect Guillermo Lasso on Thursday named a businessman from a private agroindustrial and real estate conglomerate as the country’s …

May 20, 2021

The oil sector stagnates despite millionaire investment in 14 years

Despite representing 10% of national wealth and 30% of tax revenues, the oil sector has had a political and inefficient …

May 6, 2021
The Ecuadorian Flag

Chinese-Owned Oil Co. Seeks Its Share Of $1B Ecuador Deal

An oil company with ties to the Chinese government can seek its share of a nearly $1 billion settlement Ecuador …

April 30, 2021

State oil production remains stagnant

The import of 80 octane gasoline to prepare Extra and Ecopaís gasoline grew 7.6% in the first quarter of 2021, …

April 27, 2021

The Prosecutor’s Office requests an extension to the international criminal assistance provided by the United States in the Las Torres case

With the expansion of the version of the police officer Álex Delgado and that of two other people related to …

April 19, 2021

Businessman Avoids Prison For Petroecuador Bribes

A New York federal judge on Friday sentenced the owner of an oil and gas services company to probation over …

April 14, 2021

Ecuador goes with conservative banker in presidential vote

Voters in Ecuador appeared to turn to a conservative businessman in Sunday’s presidential runoff election, rebuffing a leftist movement that …

April 12, 2021
The Ecuadorian Flag

Who is Guillermo Lasso, the banker who defeated the correista left in the third time and will be the new president of Ecuador

Guillermo Lasso successfully managed to expand his voter base beyond the traditional right to surpass the correista left and become, …