|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Ecuador (Click here for more)

Head of Ecuadorian State Oil Firm Steps Down

QUITO – The president of Ecuadorian state oil firm Petroecuador, retired Vice Adm. Manuel Zapater, has resigned, the company said.

His replacement, Marco Calvopiña, who had been the company’s refinery operations chief, was sworn in on Wednesday by Non-Renewable Natural Resources Minister Wilson Pastor, a Petroecuador spokesperson told Efe.

There was no immediate word on why Zapater, who had served as Petroecuador’s chief since March 2010, decided to step down.

The retired admiral had been appointed to his post after a year in which President Rafael Correa had given the Ecuadorian navy the task of reorganizing the state oil firm.

Petroecuador’s output has increased over the past year and reached 149,575 barrels per day last Thursday, compared with maximum one-day production in 2010 of 144,000 bpd.

That Jan. 13 result was the company’s highest one-day output total since 2009.

Petroecuador’s exploration and production manager, Dalton Muñoz, said last week that the company’s goal for this year is to attain daily average oil output of 150,000 barrels.

Oil is Ecuador’s leading export and finances around 25 percent of the government’s budget. EFE
 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved