Sinopec<600028><0386><SNP>, the largest refiner in Asia by capacity, plans to spend between US$1 billion and US$1.1 billion on the exploration of Block 42 in Oglan Oil Field, Pastaza, eastern Ecuador, sources reported, said Germanico Pinto, the Ecuadorian government's minister of nonrenewable natural...
By Zhao Qian Ecuador announced Thursday that it will work with China on a joint venture to explore an oil block in the South American country. China's Sinopec International Petroleum will invest $1 to $1.1 billion to form a joint venture to exploit an oil block with proven reserves of 120 million...
The state-owned petroleum firms of Ecuador and China will set up a joint venture to develop oil fields in Ecuador's Amazon region, said Germanico Pinto, Ecuador's minister of nonrenewable natural resources, yesterday.Pinto said that the project will cost China around US$1.1 billion.The JV, which will be 60% held...
Sinohydro Corp, China's leading dam builder, on Monday signed a contract with Ecuador to build a hydropower plant on the Amazon River near the capital city of Quito, the official Xinhua News Agency reported. The plant, named Coca Codo Sinclair, will have a total capacity of 1,500 megawatts....
QUITO, Aug 19 - Ecuador's oil minister on Wednesday set a 10-day deadline for France's Perenco to comply with its oil extraction contract and resume control of its fields in Ecuador. Ecuador's state oil company...
* Ecuador retires most of it defaulted debt after buyback * Correa mulls actions to deal with other "illegal" debt * More defaults unlikely as country seeks financing (Recast, adds official's quotes, details and background)...
GENEVA, June 4 - World Trade Organisation (WTO) members agreed on Thursday to allow Ecuador to impose temporary import restrictions because of balance of payments problems. According to a draft report by the WTO's committee...
Ecuador, the world's largest banana exporter, rejected recent calls to drop complaints filed with the World Trade Organization (WTO) that seek to knock down the...
QUITO, March 23 - Cash-strapped Ecuador has money to buy back defaulted bonds as part of restructuring offer that will be unveiled in late March, President Rafael Correa said in an interview on a local...
* Ecuador seizing two local Stanford units * British Serious Fraud Office monitors possible UK link * Stanford Group was previously disciplined by FINRA CARACAS/ST.JOHN'S, Feb 19 - Fraud probes into Texas billionaire Allen Stanford's...
