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Petroecuador

Type: Company

Name: Petroecuador

Nationality: Ecuador

Web Address: http://www.petroecuador.com.ec/

Fact Sheet: Fact Sheet for Petroecuador

First reported 13 mins ago - Updated 13 mins ago - 1 reports

Ecuador's crude oil exports fall 4% on year

Ecuador's first quarter crude oil export revenue fell 4% from a year earlier to $3.38 billion due to lower oil prices, the central bank said. The average price of crude in the three months fell 5% to $99.16 a barrel.By volume, Ecuador exported 34.14 million ... [Published Hellenic Shipping News Worldwide - 13 mins ago]

Entities: Crude Oil, Ecuador, Petroecuador

First reported May 13 2013 - Updated May 13 2013 - 1 reports

Chevron Corp

Judge fines Chevron $8bn for...

Chevron has been fined $8bn (£5bn) after a judge ruled the oil company was responsible for contaminating the Amazon basin in Ecuador.It is the result of a lawsuit that has run for the last 18 years on behalf of 30,000 people who allegedly suffered health ... [Published New Statesman - May 13 2013]

Entities: Chevron Corp, Texaco Inc, Pablo Fajardo

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Ecuador's Correa names new oil, finance ministers

Ecuadorean President Rafaelappointed a new oil minister and a new finance minister onWednesday, as the socialist leader unveiled a new cabinet forhis third term in office. * Correa won re-election in February with 57 percent of vote* New cabinet not expected ... [Published Reuters - May 09 2013]

Entities: Patricio Rivera, Wilson Pastor, Petroecuador

First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

ECUADOR: Tesoro Refining & Marketing, Phillips 66 Win Oil Tender

QUITO, Ecuador--Tesoro Refining & Marketing and Phillips 66 (>> Phillips 66) won a tender to buy a total of 3.24 million barrels of Oriente crude oil, said Ecuador's state-run company Petroleos del Ecuador (PCD.YY), or Petroecuador.Petroecuador ... [Published 4 Traders - Apr 29 2013]

Entities: Ecuador, Petroecuador, West Texas Intermediate, Mercedes Alvaro

First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Petroecuador

Oil & Gas - Regional - Roundup: Crude contracts, hydrocarbon exports, rating upgrades

Ecuador's Petroecuador announced that Tesoro Refining & Marketing secured 2.16Mb Oriente crude and Phillips 66 landed 1.08Mb Napo crude after offering barrel differentials of U$4.78 and US$2.93, respe... ... [Published Business News Americas - Apr 29 2013]

Entities: Hydrocarbon, Petroecuador

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Rafael Vicente Correa Delgado (Ecuador)

Ecuador's Minister of Nonrenewable Natural Resources Resigns

QUITO, Ecuador - Wilson Pastor, Ecuador's minister of nonrenewable natural resources, has tendered his resignation to President Rafael Correa and will be replaced by Pedro Merizalde as part of a cabinet reshuffle as Mr. Correa prepares for a third four-year ... [Published Rigzone - Apr 25 2013]

Entities: Wilson Pastor, Rafael Vicente Correa Delgado (Ecuador), Natural Resources, Resignation

First reported Apr 16 2013 - Updated Apr 17 2013 - 2 reports

Texaco Inc

60 Minutes's Chevron pollution story springs a leak

Three years ago, we weighed in on a bitter media dispute pitting Chevron against 60 Minutes over a piece outlining accusations against the oil giant of environmental predations in Ecuador. We mostly sided with Chevron.The 60 Minutes piece took a blow ... [Published Columbia Journalism Review - Apr 16 2013]

Entities: Chevron Corp, Petroecuador, Texaco Inc, Pollution, Ecuador

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Exclusive Fool Interview: A Look at Both Sides of Chevron's Nightmare Legal Battle

Filed under: InvestingA boy stands on an oil pipeline in the rainforest near Lago Agrio, Ecuador. Source: Lou Dematteis/Redux.At The Motley Fool, we're not just about buying stocks -- we're about buying businesse s. And we believe the best businesses ... [Published Daily Finance - Apr 15 2013]

Entities: Chevron Corp, Texaco Inc, Motley Fool, Nightmare

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Another Correa Problem

Following Hugo Chavez’s death, President Rafael Correa of Ecuador could be considered his likely successor as leader of South America’s pseudo-Marxist populist movement. True to form, he recently called on all Latin American countries to unify to combat ... [Published American Spectator - Apr 15 2013]

Entities: Rafael Vicente Correa Delgado (Ecuador), Chevron Corp, Ecuador, Petroecuador

First reported Apr 14 2013 - Updated Apr 14 2013 - 1 reports

Consultant?s flip-flop weakens pollution case against Chevron

Another player in the long-running, $19 billion pollution lawsuit against Chevron Corp. in Ecuador has switched sides — and accused former colleagues of hiding the truth.Environmental consultants who used to work for the lawyers suing Chevron now say ... [Published Fuel Fix - Apr 14 2013]

Entities: Chevron Corp, Pollution, Ecuador

First reported Apr 12 2013 - Updated Apr 13 2013 - 3 reports

Consultant That Tarred Chevron on Ecuador Pollution Pulls About-Face

MANHATTAN (CN) - A consultant that once supported a $19 billion judgment against Chevron for oil contamination in Ecuador disavowed that position in court Friday. Texaco spent nearly four decades, between 1964 and 1992, exploring, drilling and exporting ... [Published Courthouse News Service - Apr 12 2013]

Entities: Chevron Corp, Ecuador, Texaco Inc

Quotes

Charle Gamba, President and CEO of Canacol, commented, "For the period January through to mid May 2013 the Corporation has managed to keep production basically flat without the benefit of drilling a single new development well. With the first 2 of our 9 production wells planned for 2013 coming on stream late last week, we anticipate steady and significant production growth throughout the remainder of calendar 2013, starting with the 1,500 bopd that we added late last week to our Corporate total from these two wells. The Corporation has also realized a significant reduction in field opex and transportation costs for year to date, as reflected in our recent financial statements, which will increase the profitability of the Corporations production going forward. Following up on the success of our oil discovery at Labrador, the Corporation plans to drill 2 additional exploration wells on the LLA 23 block during the remainder of the year, both located to the north of and on the same fault trend as the Labrador oil discovery."

Canacol Energy tests Labrador 2 at 1,618 bopd gross [Published Stockwatch - 1 hour ago]

...He added "We definitely made the right decision in choosing AuraPortal, it is an excellent product and very flexible; all changes that users have requested have been implemented and have performed in real time. The ability to change something, try it and immediately put it into operation is a big plus."

Refinery of the Pacific Implements AuraPortal Software to More Effectively Organize Its Workflows ... [Published TransWorldNews - May 21 2013]

Chevron has claimed the judgement is "illegitimate and unenforceable" and "the product of fraud and is contrary to the legitimate scientific evidence." The company intends to appeal against the ruling

Judge fines Chevron $8bn for... [Published New Statesman - May 13 2013]

"We have to be very critical with ourselves and revolutionize the revolution" said Correa at the presidential palace, as he encouraged his new cabinet to deepen the socialist policies that his government has been implementing since...

Ecuador's Correa names new oil, finance ministers [Published Reuters - May 09 2013]

More Content

sort by: Date \| Relevance
Ecuador's crude oil exports fall 4% on year [Published Hellenic Shipping News Worldwide - 13 mins ago]
Canacol Energy tests Labrador 2 at 1,618 bopd g... [Published Stockwatch - 1 hour ago]
Canacol Energy Ltd. Provides Colombia and Ecuad... [Published Street Insider - 1 hour ago]
Refinery of the Pacific Implements AuraPortal S... [Published TransWorldNews - May 21 2013]
Refinery of the Pacific Implements AuraPortal S... [Published CRM Xchange - May 13 2013]
Judge fines Chevron $8bn for... [Published New Statesman - May 13 2013]
Ecuador's Correa names new oil, finance ministers [Published Reuters - May 09 2013]
Chevron CEO Must Answer Questions in Ecuador Po... [Published Washington Post - May 08 2013]
Plaintiffs' Lawyers Jump Ship in Pollution Figh... [Published BusinessWeek - May 03 2013]
Peter Foster: Chevron’s win in Ontario [Published Financial Post \| Opinion » FP Comment - May 03 2013]
Canada Says 'No Thanks' to Chevron Pollution Suit [Published BusinessWeek - May 02 2013]
ECUADOR: Tesoro Refining & Marketing, Phillips ... [Published 4 Traders - Apr 29 2013]
Oil & Gas - Regional - Roundup: Crude contracts... [Published Business News Americas - Apr 29 2013]
Ecuador's Minister of Nonrenewable Natural Reso... [Published Rigzone - Apr 25 2013]
Chevron's Lawyers at Gibson Dunn Get Tough in E... [Published BusinessWeek - Apr 18 2013]
WikiLeaks Shows Nascent Oil Woes in Ecuador [Published Courthouse News Service - Apr 17 2013]
Hogan Lovells Advises Republic of Ecuador in US... [Published Citybizlist - Apr 16 2013]
60 Minutes's Chevron pollution story springs a ... [Published Columbia Journalism Review - Apr 16 2013]
Flame in the rainforest [Published Penn Energy - Apr 16 2013]
Chevron-Ecuador Pollution Case Takes Unexpected... [Published ICTSD - Apr 16 2013]
Exclusive Fool Interview: A Look at Both Sides ... [Published Daily Finance - Apr 15 2013]
Another Correa Problem [Published American Spectator - Apr 15 2013]
Consultant?s flip-flop weakens pollution case a... [Published Fuel Fix - Apr 14 2013]
Consultant That Tarred Chevron on Ecuador Pollu... [Published Courthouse News Service - Apr 12 2013]
Consultant in Chevron RICO Case Turns Against E... [Published Law.com - Apr 12 2013]
Plaintiffs' Experts Say "No Evidence" For Billi... [Published Forbes.com - Apr 12 2013]
House Foreign Affairs Subcommittee on Western H... [Published Zecco - Apr 12 2013]
Chevron loses US$19bn Ecuador fine appeal [Published TCE Today - Oct 10 2012]
Over 50 percent of Ecuador's oil exports went t... [Published Topnews.in - Oct 21 2011]
Fact Sheet for Petroecuador [Published Silobreaker - Feb 09 2009]

Blogs

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Peter Foster: Chevron’s win in Ontario [Published Financial Post \| Opinion » FP Comment - May 03 2013] The fact that Chevron is daring to bite back against extortion is good news for the rule of law The Ontario Superior Court this week threw out an attempt to collect the mammoth $18-billion awarded against U.S. oil company Chevron by a corrupt court ...