Prensa Latina - Ecuadorian Gov't Nationalizes U.S. Oil Company – The Amazon Post

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Prensa Latina – Ecuadorian Gov’t Nationalizes U.S. Oil Company

Date: Jun 13, 2011

Development follows attempt last year by Ecuador to re-negotiate contracts with foreign oil companies last year:

Now both of those facilities will be controlled by the state oil company, Petroecuador, and the Electricity Corporation of Ecuador (Celec).