Ecuador’s NOC declares force majeure after indigenous protests
January 2, 2024
Oil Price Ecuador’s state-run oil company, Petroecuador, has declared force majeure on three more oil blocks due to protests by the indigenous Kichwa community, just days after doing the same for another block. The three blocks were jointly producing a total of about 142,000 barrels of oil equivalent before production fell to about 122,500 on Monday. The indigenous community has accused the company
