The Government of Ecuador has declared a situation of force majeure for the country's oil sector due to the effects of erosion in the Coca River, one of the tributaries of the Amazon basin.

Oil exploitation has been one of the pillars of Ecuador's economy since the 1970s ... Yasuni National Park houses species of ...

Foreign oil firms in Ecuador, which produces an average of 470,000 barrels per day, are currently responsible for 44% of output. The new legislation stipulates that the first 25% of gross income ...

A suit was first filed in 1993 in a federal court in New York and, for nine years, the oil company fought for the trial to be held in Ecuador. In a textbook example of "be careful what you wish ...

Canadian energy company Gran Tierra Energy has announced an oil discovery in Ecuador, the company's seventh successful find in the Arawana/Zabaleta field area. The Zabaleta-K1 well, the fourth ...

Ecuador President Names New Finance Minister, Confirms Interim Oil Minister QUITO (Reuters) -Ecuador's president, Daniel Noboa, has named Luis Alberto Jaramillo as the country's new finance ...