off

A rainfall of requests for the Odebrecht bribes

The denunciation of alleged payments of bribes to government officials by the Brazilian construction company Odebrecht dispersed on several fronts. Everybody´s aim: get the names of those who received $ 33.5 million in fines. On the one hand is the Office of the Attorney General....
Posted On 11 Jan 2017
, By
off

Ecuador issues another $ 1 billion in debt bonds until 2026

Finance Minister Patricio Rivera reported that yesterday Ecuador issued $ 1 billion of sovereign bonds in the international market, with a performance of 9.125% and a term due on December 13, 2026. According to the Ministry, the negotiation process for this issue was successfully...
Posted On 11 Jan 2017
, By
off

The return of the low oil prices

The future of oil is so uncertain that even the agreement of the countries of the Organization of Exporting Countries (OPEC) seems to be able to stabilize rising prices. Moreover, the alerts sound again on the New York Stock Exchange, fearing that the OPEC will not be able to...
Posted On 11 Jan 2017
, By
off

A helicopter is among the goods of the Refinery´s subcontractor 

An area near the beaches of Olon valued at $ 1.6 million, luxury vehicles for about $ 220 thousand and a Robinson 66 helicopter valued at $ 869 thousand are part of the assets acquired in the last three years by a subcontractor of the Esmeraldas State Refinery. We are talking...
Posted On 11 Jan 2017
, By
off

Worley Parsons inspected and executed the works in the Esmeraldas Refinery

The relationship between Petroecuador and Worley Parsons International (WPI) and its subcontractor Tecnazul is under scrutiny. This foreign branch of Australian origin had a strategic role as a supplier and inspector of the rehabilitation of the Esmeraldas Refinery, where an...
Posted On 11 Jan 2017
, By