Ecuador’s economy is staring down yet another crisis. Economic headwinds could further jeopardize its already-struggling oil industry. Drill count is inching up slowly, but it remains to be seen ...
Ecuador's economy heavily relies on petroleum, leaving it vulnerable to oil price fluctuations and declining production, impacting government revenue and economic growth. A surge in violence and ...
COCA, Ecuador - Open oil pits black as moon craters pock the Oriente, Ecuador's northern Amazon basin. Men stand on the rims of trenches left behind by spent oil wells, breaking up sludge with ...
By Shanna Hanbury Indigenous and rural communities in Ecuador’s Amazon have condemned an international arbitration ruling ...
(Bloomberg) -- Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Since striking a deal ...
BOGOTA, Colombia (AP) — It’s been a year since the people of Ecuador voted to halt oil drilling in a national park in the heart of the country’s share of the Amazon, and nothing has been done to start ...
This story was originally published by Inside Climate News and is reproduced here as part of the Climate Desk collaboration. Imagine oil workers appearing in your backyard and drilling without warning ...
POMPEYA, Ecuador (CN) — “The oil comes from the heart and lungs of the Amazon in our park. Companies are sent here by the government, and they do not care about us." So said Mauricio Jipa, a resident ...
The Catholic Church played a key role in votes on the future of oil and mining in Ecuador that were held alongside the recent presidential and congressional elections. A proposal to cease crude oil ...
Ecuador's oil output has recovered by about 90% since a deal between the government and demonstrators ended nationwide protests late last week, the ministry of mines and energy said on Monday. Expands ...
QUITO, Jan 31 – A burst pipeline in Ecuador caused an oil spill within a protected area of the country’s Amazon rainforest, the environment ministry said on Monday, adding that the pipeline operator ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BOGOTA, Colombia (AP) — It’s been a year ...