Articles Tagged "equador"

Equador requests OPEC to maintain output

Ecuadorian Minister of Mines and Petroleum Galo Chiriboga requested OPEC to maintain their oil output despite decline in international crude prices. He was quoted as saying: Ecuador expects an investment of 800 million U.S. dollars in the private petroleum sector this year, and expressed hope that state-owned oil company Petroecuador would increase crude oil output to [...]