How will EP Petroecuador regulate prices in Ecuador's clean products terminals?

EP PetroEcuador will apply the fixation and publication of prices in Ecuador’s clean products terminals in compliance with executive decree no. 1054 of 19 May 2020, by means of which the “regulation of prices of petroleum derivatives” was amended.

Will BB energy supply a Russian ship to Ecuador?

The ships are the last of eight that BB Energy had agreed to supply to Ecuador after participating in a competitive bidding process held in December. The vessels were already en route to the South American nation when the war broke out and banks all over the world began to shun financing of any Russian cargoes.

Why does Ecuador import diesel oil?

Ecuador, which doesn’t produce enough fuels to meet its domestic demand, imports diesel oil for power generation, industrial use, ship fuel and also as a diluent to make fuel oil.

Why was Petroecuador unable to get funding?

Petroecuador was unable to secure funding for the previously-agreed deals after the U.S. imposed sanctions on Russia, according to the company’s oil trading manager, Pablo Noboa. Will a ban on Russia’s oil imports stop the war in Ukraine?

Will BB energy become a regional power company in southern Africa?

BB Energy has plans to become a significant regional power company in Southern Africa. Our power trading business took a major step forward in September 2023 when Solarcentury Africa was granted one of the first conditional memberships for the Southern African Power Pool (SAPP) as a market participant.