Connect with us

Hi, what are you looking for?

Ecuador Political News

The US investigates the first case of bribery in Petroecuador for presale of Fuel Oil that ended up in the hands of Vitol Inc.

The new case of corruption in Petroecuador, revealed by the US justice, refers to a single contract in which Pedro Merizalde and Nielsen Arias represented the state oil company. The first as general manager and the second as foreign trade manager. The 2016-949 contract was signed on December 6, 2016 with Oman Trading International Limited (OTI), but it is the multinational Vitol Inc. that has admitted in the United States that it paid bribes to Ecuadorian officials and intermediaries for this oil pre-sale.

This is a negotiation whereby Petroecuador agreed to deliver 17.1 million barrels of fuel oil residue No. 6 for two years, in exchange for receiving an advance payment of $ 300 million. Dubai-based OTI was represented on the contract by Wa’ll Al Jamall, Sam Naylor and Mark Craig. An operation similar to those carried out by the state oil company since 2009 with Petrochina Internacional, Unipec or PTT of Thailand.

To read the full story on El Universo, click here.



Disgraced Chevron Ecuador fraud attorney Steven Donziger’s biggest supporter is now being accused by the U.S. Government of anti-Semitism. Donziger’s list of allies gets more despicable by the day
“At no time while working on the #Ecuador Project did I see any data supporting a finding of groundwater contamination from [Texaco] operations away from the pits,” a scientist hired by #Ecuadorian plaintiffs testified. Full testimony here: AmazonPost photo
Falsified reporting of technical findings facilitated #Ecuador #fraud against Chevron, scientist for the #Ecuadorian plaintiffs testified: AmazonPost photo
Members of indigenous communities in the Amazon in Ecuador would like to know: What happened to the more than $20M reportedly raised on their behalf by now-disbarred NY lawyer Steven Donziger? #FollowtheMoney
#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon.

You May Also Like

Chevron Ecuador Blog Posts

1. Steven Donziger Is an Adjudicated Racketeer. The U.S. District...

News & Updates

Disbarred lawyer Steven Donziger likes to present himself to the...

News & Updates

Steven Donziger is the best example of how a handful...

Chevron Ecuador Lawsuit News

A lawsuit against oil companies reflects progressive attempts to criminalize...