Ecuador could be forced to suspend all oil production within 48 hours as anti-government protests in the country intensify, the Ecuadorian energy ministry warned. The production suspension was to be “due to the acts of […]
Source: U.S. Energy Information Administration, Country Analysis Brief: Brazil Brazil was the only oil-producing country in South America to report an increase in crude oil and condensate production in 2020 compared with 2019, according to our Country Analysis […]
Source: U.S. Energy Information Administration, International Energy Statistics and July 2021 Short-Term Energy Outlook In 2020, Ecuador produced 483,000 barrels per day (b/d) of petroleum and petroleum liquids, which is the only year since 2010 that petroleum […]
Ecuadorean state-owned oil company Petroecuador declared Wednesday ‘force majeure’ on all crude oil trading operations and other contractual obligations that the firm maintains due to ongoing protests against Lenin Moreno’s government across the country. ‘Force […]
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