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Ecuador Announces Launch of New Oil Auction for End of 2026
Summary by Amazon Watch
3 Articles
3 Articles
Minister Juan Carlos Blum explained some of the plans for the following years and the portfolio of projects in oil and gas.
·Guayaquil, Ecuador
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Ecuador Announces Launch of New Oil Auction for End of 2026
"Yesterday's announcement changes nothing on the ground. Indigenous nations have opposed oil extraction in these territories for decades, previous rounds failed to deliver, and the fundamental obstacles remain." The post Ecuador Announces Launch of New Oil Auction for End of 2026 first appeared on Amazon Watch.
The round could capture about $1 billion in private investment and stakeholders would buy the bases in the first quarter of 2027
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Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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