Energy
Oil, hydroelectric, renewables, pipelines
132 articlesFuel Stabilization Mechanism Points to a Second Consecutive Price Decline
President Daniel Noboa says Ecuador will lower diesel and Extra and Ecopais gasoline prices slightly on August 12. The adjustment follows five consecutive months of increases and a July change to the pricing formula.
Cenace Flags Five Transmission Risks Before Ecuador’s 2026 Dry Season
Cenace’s June operating plan identifies five relevant risks in the National Interconnected System ahead of the October 2026-March 2027 dry season. The warnings center on transmission overloads, coincident plant outages, and reserve loss near Guayaquil.
Ecuador Secures USD 3.5M To Prepare Strategic Electricity Projects
The grant includes detailed engineering studies for the San Gregorio–Palestina transmission line in El Oro and Guayas, with the program designed to strengthen Ecuador’s National Transmission System.
Electrified Vehicles Reach 25.1% of Ecuador's Auto Market in H1
Tax treatment, wider model availability, and BYD's rising sales point to an increasingly structural shift in Ecuador's automotive market.
Diesel Benchmark Reaches USD 4.19 Before Ecuador's August Reset
International diesel and gasoline benchmarks rebounded ahead of Ecuador's August 12 fuel-price adjustment. The movement narrows room for the government to repeat July's USD 0.05-per-gallon reduction.
Celec Regains Path To Terminate Failed Esmeraldas III Contract
Celec can again move toward unilateral termination of the ATM contract for Esmeraldas III after emergency arbitration measures were left without effect. The failed 91 MW project had a USD 89.9 million contract and fines near USD 23 million.
ITT Output Falls 20% As Petroecuador Maintains Five-Year Closure Path
Bloque 43-ITT production averaged 42,105 barrels per day in January-June 2026, down 20% from the same period in 2023 and 4.5% from 2025. The Yasuní field remains the fourth-largest producer in Ecuador as Petroecuador pursues a five-year closure process contested by Yasunidos.
Colombia Supply Risk Complicates Ecuador’s 450 MW Import Buffer For 2026 Dry Season
Ecuador’s interconnection with Colombia can supply up to 450 MW, about 10% of Ecuador’s 4,200-4,500 MW average demand. But Colombian capacity delays and 6.67% demand growth are creating uncertainty ahead of Ecuador’s October dry season.
Ecuador Oil-Export Income Reaches USD 1.561 Billion By July 23
Oil-export revenue has nearly matched 2025’s full-year result as WTI and Ecuador’s realized barrel price rise above budget assumptions.
Ecuador Cites Initial Colombia Power-Trade Tariff Agreement
Ecuador says Colombia could resume electricity sales in coming days under an initial reciprocal-price understanding.
Ecuador Extra Gasoline Demand Falls 8% As Price Band Lifts Retail Cost
Ecuador’s average gasoline consumption fell 3% in the first half of 2026, led by an 8% decline in Extra demand. The report links the change to higher prices, household pressure, and temporary supply shortages.
Colombia Reopens Private-Sector Electricity Trade With Ecuador
Colombia has formalized the restart of private-sector electricity trade with Ecuador after suspending energy sales in January 2026. The announcement does not specify delivered volumes, prices, or the exact first transaction date.
Ecuador Oil Transport Falls 5% In First Half As OCP Volumes Drop
Ecuador’s crude transport declined 5% in the first half of 2026 as a 34% fall in OCP volumes outweighed a 17.5% gain through SOTE. The report links the lower throughput to a 1.5% decline in national oil production through May.
Ecuador Electricity Demand Hits 5,634.31 MW July Record
Ecuador’s electricity demand reached 5,634.31 MW at 19:00 on July 15, the highest level recorded so far in 2026. The peak exceeded the Electricity Master Plan’s 2026 normal-growth projection of 5,206 MW, adding pressure before the October-March dry season.
Ecuador Faces 1,300 MW Dry-Season Deficit Scenario In 2026 Power Planning
Ecuador faces at least six electricity-system challenges before the 2026 Amazon dry season, including climate risk, delayed thermal rentals, aging plants and maintenance timing. Hydroelectric generation normally covers about 85% of demand, making dry-season hydrology the central operating risk.
Ecuador Extends PCR Contract For Pindo Oil Block Through 2037
Ecuador’s environment and energy ministry signed a USD 69 million extension with Petroquímica Comodoro Rivadavia to operate the Pindo oil block through 2037. The contract includes exploration wells, development wells, workovers using hydraulic fracturing techniques and gas-capture systems.
Orion Energy And Gente Oil Submit Offers For Intracampos III Fields
Orion Energy and Gente Oil submitted offers for the Tetete Sur and Lumbaqui fields in Ecuador’s Intracampos III oil round. The government expects the round to lift national oil production by 9,900 to 12,000 barrels per day.
Celec Awards USD 47.8M 50 MW Diesel Rental For Enrique García Plant
Celec awarded a USD 47.8 million contract to rent 50 MW of land-based thermal generation for the Enrique García plant in Guayaquil. The process launched on May 7 and was awarded July 8, creating a timing risk ahead of Ecuador’s October dry season.
Ecuador Seeks 90-110 MW Barge Extension As Dry-Season Risk Builds
Elecaustro opened a USD 42.7 million process to keep the 90-110 MW Erin Sultan barge operating at Las Esclusas. Cenace warns of a 25% probability of power deficits in the 2026-2027 dry season and says Ecuador needs at least 893.7 MW of additional capacity.
Petroecuador Awards 950,000-Barrel Fuel Oil Sale To Trafigura
Petroecuador awarded Trafigura PTE a 950,000-barrel Fuel Oil No. 6 sale expected to generate roughly USD 63 million. The sale covers five cargoes of 190,000 barrels each, plus or minus 10%, using the USGC HSFO marker and a USD -5.25 per-barrel differential.