Ecuador Calls on Colombia, Mexico to Freeze Oil Output
Wednesday, 30th March 2016
Ecuador is lobbying fellow Latin American oil exporters, Colombia and Mexico, to freeze crude production as part of a broad price-boosting effort that would be cemented at an April 17th meeting of OPEC and non-OPEC producers in Doha.
Ecuador Seeking ‘Friendly’ Resolution to Occidental Dispute
Monday, 2nd November 2015
Ecuador's President Rafael Correa said on Saturday that his country is in 'friendly' negotiations with Occidental Petroleum Corporation over the payment of a $1.77b award the Latin American nation was ordered to pay for seizing the US-based company's assets in 2006, reports Reuters.