Petro Ecuador
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Petro Ecuador
EP Petroecuador (''Empresa Estatal Petróleos del Ecuador''; ''Empresa Pública Petroecuador''; meaning: State Petroleum Company of Ecuador) is the national oil company of Ecuador. Ecuador who is a member of the Organization of the Petroleum Exporting Countries (OPEC) and, although it is the smallest member, the country produced 531,000 barrels of crude oil per day in 2019. The oil corporation is a significant part of the Ecuadorian economy. The petroleum industry has expanded to the production of refined commodities such as gasoline, liquefied petroleum, and jet fuel. The government of Ecuador is highly dependent on the revenues from the energy sector to support its budget and finance state projects. History Petroecuador is a state-owned enterprise, founded on September 26, 1989. In its conception, Petroecuador began as a fiscal agent; however, in time, it came to manage and operate most of the country's oil sector. It is the successor to ''Corporación Estatal Petrolera Ecuato ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Human Rights Violation
Human rights are Morality, moral principles or Social norm, normsJames Nickel, with assistance from Thomas Pogge, M.B.E. Smith, and Leif Wenar, 13 December 2013, Stanford Encyclopedia of PhilosophyHuman Rights Retrieved 14 August 2014 for certain standards of human behaviour and are regularly protected in Municipal law, municipal and international law. They are commonly understood as inalienable,The United Nations, Office of the High Commissioner of Human RightsWhat are human rights? Retrieved 14 August 2014 fundamental rights "to which a person is inherently entitled simply because she or he is a human being" and which are "inherent in all human beings",Burns H. Weston, 20 March 2014, Encyclopædia Britannicahuman rights Retrieved 14 August 2014. regardless of their age, ethnic origin, location, language, religion, ethnicity, or any other status. They are applicable everywhere and at every time in the sense of being Universality (philosophy), universal, and they are Egalitari ...
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Ecuadorian Brands
Ecuadorians ( es, ecuatorianos) are people identified with the South American country of Ecuador. This connection may be residential, legal, historical or cultural. For most Ecuadorians, several (or all) of these connections exist and are collectively the source of their being ''Ecuadorian''. Numerous indigenous cultures inhabited what is now Ecuadorian territory for several millennia before the expansion of the Inca Empire in the fifteenth century. The Las Vegas culture of coastal Ecuador is one of the oldest cultures in the Americas. The Valdivia culture is another well-known early Ecuadorian culture. Spaniards arrived in the sixteenth century, as did sub-Saharan Africans who were enslaved and transported across the Atlantic by Spaniards and other Europeans. The modern Ecuadorian population is principally descended from these three ancestral groups. As of 2010, 77.4% of the population identified as "Mestizos", a mix of Spanish and Indigenous American ancestry, up from 71.9% in ...
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Non-renewable Resource Companies Established In 1972
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ...
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National Oil And Gas Companies
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ...
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Oil And Gas Companies Of Ecuador
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''ela ...
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Sarayaku
Sarayaku (Quechuan: "The River of Corn"; also transcribed Sarayacu) is a territory and a village situated by the Bobonaza River in the province of Pastaza in the southern part of ''el Oriente,'' the Amazonic region of Ecuador. The territory incorporates a number of villages. It has a total population figure of between 1,000 and 2,000 Kichwa-speaking people, who call themselves the Runa people of Sarayaku, or the Sarayaku people. The leader of the Sarayaku people is Tupak Viteri (2022). Since the early 21st century, the Sarayaku have engaged in a decade-long effort to resist efforts to drill for oil in their community, putting them at cross purposes with the Ecuadorian government and various multinational oil companies. The Sarayaku have used protests and legal challenges, successfully pursuing a suit in court. Ecotourism The village of Sarayaku is situated in tropical rainforest; it is approximately 25 minutes by plane or one day by canoe in the southeast direction from th ...
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Latin Business Chronicle
''Latin Trade Business Intelligence'', formerly ''Latin Business Chronicle'' (''LBC'') is a weekly online journal on Latin American business and technology. Profile ''LBC'', a unit of Latin Trade Group, was first published in 2001. It has around 17,000 readers per month. The magazine is headquartered in Miami, Florida. The Spanish version of the magazine was started in 2011. In 2014 the magazine was renamed as ''Latin Trade Business Intelligence''. Indexes ''LBC'' publishes rankings of Latin America's top 500 companies, top 25 businesspeople, top 25 businesswomen, top 100 insurance companies, top 60 employers, top 50 airports and top 50 ports, as well as several business indexes related to Latin America. The magazine started the lists of the most powerful Latin American businessmen and businesswomen in 2009. Latin Business Index The ''Latin Business Index'' measures the overall business climate in 19 Latin American countries using 27 subcategories ranging from GDP growth and in ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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CUNY School Of Law
The City University of New York School of Law (CUNY School of Law) is a public law school in New York City. It was founded in 1983 as part of the City University of New York. CUNY School of Law was established as a public interest law school with a curriculum focused on integrating clinical teaching methods within traditional legal studies. 75% of the Class of 2019 obtained full-time, long-term, JD-required employment within nine months after graduation. Academics Curriculum and clinical programs CUNY Law is currently ranked #1 nationally (tied) for its clinical education program. The Law School curriculum combines traditional substantive law courses (like contracts, torts, civil procedure and criminal law) with lawyering skills throughout the three years of legal education. The first year curriculum consists of seven required substantive courses, Legal Research, and a four-credit Lawyering Seminar in each semester where students work on legal writing and other lawyering skil ...
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Oil Spill
An oil spill is the release of a liquid petroleum hydrocarbon into the environment, especially the marine ecosystem, due to human activity, and is a form of pollution. The term is usually given to marine oil spills, where oil is released into the ocean or coastal waters, but spills may also occur on land. Oil spills may be due to releases of crude oil from tankers, offshore platforms, drilling rigs and wells, as well as spills of refined petroleum products (such as gasoline, diesel) and their by-products, heavier fuels used by large ships such as bunker fuel, or the spill of any oily refuse or waste oil. Oil spills penetrate into the structure of the plumage of birds and the fur of mammals, reducing its insulating ability, and making them more vulnerable to temperature fluctuations and much less buoyant in the water. Cleanup and recovery from an oil spill is difficult and depends upon many factors, including the type of oil spilled, the temperature of the water (affecting evapor ...
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Amazon Watch
Amazon Watch is a nonprofit organization founded in 1996, and based in Oakland, California, it works to protect the rainforest and advance the rights of indigenous peoples in the Amazon Basin. It partners with indigenous and environmental organizations in Ecuador, Peru, Colombia and Brazil in campaigns for human rights, corporate accountability and the preservation of the Amazon's ecological systems. Campaigns In 1964, the Texaco Petroleum Company, in partnership with Gulf Oil, began exploring for oil in Northeast Ecuador. In 1974, the Government of the Republic of Ecuador, acting through the state-owned oil agency Petroecuador, obtained a 25% interest. Two years later, Petroecuador acquired Gulf Oil's interest and became a 62.5% owner of the Lago Agrio oil field. By 1993, Petroecuador had also acquired Texaco's interest. After Texaco completed environmental remediation, the Government of Ecuador inspected and certified the work and ”absolved, liberated and forever free ...
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