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Top related persons:
Karen Toro - 2 Ecuadoreans - 2 Guillermo Lasso - 2 Petroecuador - 2 Alexandra Valencia - 2 Jose Davalos - 1 Davalos - 1 Chizu - 1
Top related locs:
Ecuador Orellana province QUITO Via Auca Orellana Quito Choco North America
Top related orgs:
ITT - 2 Thomson - 2 REUTERS - 1 Environmental - 1 Voters - 1 of Mining - 1 Mining - 1

Search resuls for: "Orellana province"


3 mentions found


☆ Ecuador nature reserve will take years to recover after oil exit-minister
  + stars: | 2023-09-19 | by ( Alexandra Valencia | ) www.reuters.com   time to read: +2 min
[1/4] A pipeline of state-owned Petroecuador is pictured as Ecuador is preparing to shut down oil production in the Yasuni Amazon reserve, in Via Auca, Orellana province, Ecuador July 28, 2023. Ecuador is preparing to shut down block 43-ITT, which is operated by state-owned Petroecuador, after a majority of Ecuadoreans voted to close the project in August. While oil wells have been closed before, Ecuador has no experience in abandoning an entire block of this size, which includes three fields and about 230 operating wells, he said. Environmentalists and some communities nearby insist that prohibiting future oil operations and other extractive industries is the only way to take care of nature and curb climate change. While some groups have demanded the immediate cessation of operations at 43-ITT, Davalos said an orderly closure was necessary.
Persons: Karen Toro, Jose Davalos, Ecuadoreans, Guillermo Lasso, Davalos, Petroecuador, Alexandra Valencia, Chizu, Oliver Griffin Organizations: REUTERS, ITT, Reuters, Thomson Locations: Ecuador, Via Auca, Orellana province, QUITO
☆ Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito
  + stars: | 2023-07-31 | by ( Alexandra Valencia | ) www.reuters.com   time to read: +5 min
But oil and mining guilds say their industries are needed to shore up Ecuador's battered economy and that bans would expose the areas to illegal mining and deforestation. Outgoing President Guillermo Lasso, who moved ahead elections after lawmakers attempted to oust him, has failed to raise oil production or attract more mining investment as violence and social problems have worsened. A "yes" vote in both referendums could complicate finances for his successor. State oil company Petroecuador says a "yes" on the Yasuni referendum would cost the country $13.8 billion in income over the next two decades. But residents say mining will threaten high altitude wetlands, water and animals like the spectacled bear.
Persons: Read, Ecuadoreans, Guillermo Lasso, Santiago Pérez, Ramon Correa, Correa, Rafael Correa, Pedro Bermeo, Bermeo, Petroecuador, Australia's SolGold, Maria Eulalia Silva, Morelia Fuentes, Alexandra Valencia, Tito Correa, Karen Toro, Julia Symmes Cobb, Marguerita Choy Organizations: ITT, Environmental, Reuters, Voters, of Mining, Mining, Thomson Locations: Orellana, Orellana province, Ecuador, QUITO, Quito, Choco, North America, State, Pastaza
☆ Petroecuador losing 3,500 barrels per day due to protests
  + stars: | 2023-02-11 | by ( ) www.reuters.com   time to read: +1 min
Companies Empresa Pública de Hidrocarburos del Ecuador FollowQUITO, Feb 11 (Reuters) - Ecuador's state oil company, Petroecuador, said on Saturday that it was losing an estimated 3,500 barrels of crude oil a day due to "vandalism" at two of its blocks, referring to recent Indigenous protests at the site. The Indigenous community argues it was not consulted about the new operation of the blocks by Petroecuador and made other social demands. Petroecuador took over production of the blocks at the start of this year. Petroecuador's production is around 393,000 barrels of oil per day, according to official data. Reporting by Alexandra Valencia in Quito Writing by Isabel Woodford Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
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