Ecuador's oil ruling entity Petroecuador has granted force majeure exemptions to shipments of Russian diesel which were already underway when the invasion of Ukraine started and western powers replied by imposing sanctions on Vladimir Putin's government
Ecuador on Sunday said it had resumed crude oil exports curbed by violent protests that forced several wells in the Amazon to halt operations.
A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.
State-owned oil company Petroecuador said it broke its daily production record on Tuesday 15 November, pumping 156.359 barrels of crude on that day. Production from Jan. 1 to Nov. 8 totalled 47,096,086 barrels of crude, Petroecuador said in a report.
US oil giant Chevron says it will appeal against an 8.6 billion US dollars fine imposed by Ecuador judges, carrying on a long-running row over pollution. Chevron's Kent Robertson told the BBC the case was an extortion scheme, and accused Ecuador's state-run firm of polluting the country's Amazon region.