Ecuador


All posts for Ecuador

Ecuador Exits OPEC

Citing a need to boost oil revenues by being ‘honest about its ability to endure further cuts', Ecuador is prioritising crude production and welcoming new oil investment (free from production constraints) as President Lenin Moreno pursues more market-friendly economic policies. Indonesia did rejo ...

Hui Shan


Posted 4 months agoLink > OPECsaudiRussia +4

Ministry of Energy and Non-renewable Resources in Ecuador announce Intracampos Licensing Round

The Minister of Energy and Non-renewable Resources in Ecuador has today announced an open licensing round for eight (8) blocks onshore Ecuador in Sucumbíos Province.  These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino.  The blocks offered are all onshore ...

Tracey Dancy


Posted 1 year agoPress > Licensing RoundEcuadoronshore

International Tribunal Rules for Chevron in Ecuador Case

Ecuador Found Liable for Violating International Law, Supporting Fraud and Corruption SAN RAMON, Calif.--(BUSINESS WIRE)--Sep. 7, 2018-- An international tribunal administered by the Permanent Court of Arbitration in The Hague has issued an award in favor of Chevron (NYSE: CVX) and its indir ...

OilVoice Press - OilVoice


Posted 1 year agoPress > EcuadorJudgeCourt +4

Argentine Appeals Court Rejects Fraudulent Ecuadorian Judgment Against Chevron

SAN RAMON, Calif.--(BUSINESS WIRE)--Jul. 5, 2018-- An appeals court in Argentina has rejected an attempt to enforce a fraudulent Ecuadorian judgment against Chevron Corporation, making Argentina the latest country where courts have dismissed the judgment found by U.S. courts to have been obtained t ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChevromArgentinaCourt +4

Brazil’s High Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron

Brazil's Superior Court of Justice (STJ) unanimously rejected an attempt to enforce a fraudulent Ecuadorian judgment against Chevron Corporation on Wednesday, November 29, citing a lack of jurisdiction. The fraudulent judgment has now been rejected in Argentina, Brazil and the United States. “Cour ...

OilVoice Press - OilVoice


Posted 2 years agoPress > BrazilChevronChevron Corporation +2

Argentine Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron

An Argentine court has dismissed an attempt to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation in the country. In a 22-page decision, the National Civil Court No. 61 in Buenos Aires found the plaintiffs failed to prove that the case had any connection to Argenti ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ArgentinaChevronChevron Corporation +2

Canadian Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron Subsidiary

A Canadian court has ruled that the fraudulent Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The court found that Chevron Canada Limited is a separate entity from Chevron Corporation, not a party to the Ecuadorian lawsuit ...

OilVoice Press - OilVoice


Posted 3 years agoPress > LegalChevronEcuador +1