Friday, April 18, 2025
Oil revival plan put forth by Ecuador’s president falters amid re-election effort- oil and gas 360

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