|
Petroecuador
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lago Agrio Oil Field
The Lago Agrio oil field is an oil-rich area near the city of Nueva Loja in the province of Sucumbíos, Ecuador. It is located in the Western Oriente Basin. The site's hydrocarbon-bearing formations are the Cretaceous Napo and Hollin formations. Oil was discovered in the area in 1960s. The Lago Agrio field is known internationally for the serious ecological problems that oil development has created there, including water pollution, soil contamination, deforestation and cultural upheaval. Located in Cofan territory near the Colombian border, it is one of twelve production areas that developed when Ecuador began to export petroleum. In 1993, local residents started a class action lawsuit, '' Aguinda v. Texaco, Inc.'' to force former well operator Texaco (acquired by Chevron Corporation in 2001) to clean up the area and provide for the care of the 30,000 inhabitants affected by oil contamination. In February 2011, an Ecuadorian court ordered Chevron to pay $8 billion in comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quito
Quito (; qu, Kitu), formally San Francisco de Quito, is the capital and largest city of Ecuador, with an estimated population of 2.8 million in its urban area. It is also the capital of the province of Pichincha. Quito is located in a valley on the eastern slopes of Pichincha, an active stratovolcano in the Andes, at an elevation of , making it the second-highest capital city in the world.Contact Us " TAME. Retrieved on 14 March 2010. Quito is the political and cultural center of Ecuador as the country's major governmental, administrative, and cultural institutions are located within the city. The majority of transnational companies with a presence in Ecuador are headquartered there. It is also one of the country's two major industrial centers—the port city of |
Ecuador
Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ''Ekuatur Nunka''), is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about west of the mainland. The country's capital and largest city is Quito. The territories of modern-day Ecuador were once home to a variety of Indigenous groups that were gradually incorporated into the Inca Empire during the 15th century. The territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its mill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independent business, independent company until its refining operations merged into Chevron, at which time most of its station franchises were divested to Shell plc through Shell USA, its American division. Texaco began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, and Arnold Schlaet upon the discovery of oil at Spindletop. The Texas Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Texas Fuel Company. Men such as John W. ("Bet A Million") Gates invested in "certificates of interest" to an amount of almost ninety thousand dollars. Future restructurin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cofán People
The Cofan (endonym: ''A'i'') people are an indigenous people native to Sucumbíos Province northeast Ecuador and to southern Colombia, between the Guamués River (a tributary of the Putumayo River) and the Aguarico River (a tributary of the Napo River). Their total population is now only about 1,500 (2000 survey) to 2,100 (2010 survey) people, down from approximately 15,000 in the mid-16th century, when the Spanish crushed their ancient civilization, of which there are still some archeological remains. They speak the Cofán language or A'ingae. The ancestral land, community health and social cohesion of Cofan communities in Ecuador has been severely damaged by several decades of oil drilling. However, reorganization, campaigning for land rights, and direct action against encroaching oil installations have provided a modicum of stability. Major settlements include Sinangué, Dovuno, Dureno and Zábalo, the latter of which has retained a much more extensive land base. Histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
