May 25, 2006 |
Ecuadorean Energy Minister Ivan Rodriguez said the South American country would not take over Occidental Petroleum Corp.'s stake in the OCP pipeline, a day after the head of state oil company Petroecuador said it would seize that stake. "The OCP is a private investment of Occidental and therefore has nothing to do" with the annulment of the contract, Rodriguez told reporters. Shares of Westwood-based Occidental fell 20 cents to $93.87.
March 8, 2008 |
A Latin American border crisis triggered by the Colombian military's incursion into Ecuador to kill a rebel leader was apparently resolved Friday when Ecuadorean President Rafael Correa accepted his Colombian counterpart's apology and promise not to repeat the transgression.
August 5, 2005 |
The head of Ecuador's state oil company said he resigned at the government's request Wednesday, hours after he demanded an end to a contract allowing Occidental Petroleum Corp. to operate in the country. "The minister of energy has asked for my resignation and I presented it a few moments ago," Petroecuador President Carlos Pareja told reporters. The government has the final say on whether to end the contract with Occidental.
March 3, 2008 |
Ecuador and Venezuela said Sunday that they were moving thousands of troops to Colombia's borders, a day after Colombian forces killed a leftist rebel leader in Ecuadorean territory. Bogota later charged that high officials in Ecuador met recently with the slain rebel, Raul Reyes, to accommodate the guerrillas' presence there.
March 7, 2008 |
Even at a rally where the placards, chants and speeches carried a distinctly anti-government flavor, Colombians on Thursday backed President Alvaro Uribe after his soldiers' risky incursion into Ecuador to kill a leftist rebel leader. The incursion Saturday brought reproval from the Organization of American States and prompted neighbors Ecuador and Venezuela to mass troops at their borders and cut diplomatic ties.
August 25, 2004 |
Occidental Petroleum Corp. committed 34 violations of its contract to operate oil fields in the Amazon jungle, Ecuador's attorney general said Tuesday in a petition to the Energy Ministry asking that the 19-year-old contract be terminated. Occidental, which revealed late Monday that the government of Ecuador was considering canceling the contract, has denied any wrongdoing.
June 8, 2002 |
Mexico Coach Javier Aguirre's message to his players has been urgent if unoriginal: There's no tomorrow. There's no tomorrow for Ecuador if it cannot beat Mexico on Sunday, there's no tomorrow for Mexico if it cannot salvage at least a tie against its Latin American rival ... although, to be perfectly honest about it, Aguirre's future is fairly set, win, lose or draw.
November 8, 2001 |
The 2002 World Cup gained its third debutante Wednesday night when Ecuador qualified for soccer's quadrennial world championship by tying Uruguay, 1-1, in Quito, Ecuador. That result, combined with floundering Brazil's 3-1 loss to Bolivia in La Paz, Bolivia, also secured Paraguay a place in the 32-nation field for the May 31-June 30 tournament in Japan and South Korea.
September 29, 2008 |
Voters overwhelmingly approved a new constitution Sunday that will concentrate power in the hands of socialist President Rafael Correa, advance his reformist agenda and enable him to remain in office until 2017, exit polls indicated. The constitution was drafted last summer by a special congress convened by Correa, who was elected in a 2006 landslide by voters exasperated by this country's chronic corruption, political instability and ineffectual lawmakers.
October 15, 2006 |
An audacious South American politician has made an unflattering comparison between President Bush and the devil, threatened to nationalize oil production and expressed his commitment to popular revolution. And it's not Hugo Chavez. The rhetoric of Rafael Correa, the favorite in today's presidential election here, could pass for that of Chavez, the Venezuelan leader. Correa, a 43-year-old U.S.-educated economist, has struck a stridently anti-U.S.