
Oil revival plan put forth by Ecuador’s president falters amid re-election effort
(World Oil) – Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Since striking a deal last year to hand Ecuador’s Sacha field to Sinopetrol, an obscure consortium of foreign oil companies, Noboa has faced mounting criticism over his handling of the deal. His