http://www.worldoil.com WorldOil Ecuador says it will cap output at higher level in deal with OPEC http://www.worldoil.com/news/2017/8/16/ecuador-says-it-will-cap-output-at-higher-level-in-deal-with-opec A month after dealing a blow to OPEC, Ecuador says it will cap output at a more comfortable level than it had initially pledged. In blow to OPEC unity, Ecuador exits oil cut deal http://www.worldoil.com/news/2017/7/18/in-blow-to-opec-unity-ecuador-exits-oil-cut-deal Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it needs the money. Chevron shielded from nearly $9-billion verdict as court rejects appeal http://www.worldoil.com/news/2017/6/19/chevron-shielded-from-nearly-9-billion-verdict-as-court-rejects-appeal The U.S. Supreme Court left intact a ruling that protects Chevron Corp. from having to pay $8.6 billion in a decades-long battle over oil pollution in Ecuador, rebuffing an American lawyer who was found to have committed fraud in the Central American country’s court. Chevron wins ruling blocking $8.6-billion order in Ecuador fight http://www.worldoil.com/news/2016/8/8/chevron-wins-ruling-blocking-86-billion-order-in-ecuador-fight Chevron Corp. won a victory in its long-running battle against Ecuadoreans and the zealous American lawyer who represented them, as an appeals court barred the attorney from enforcing in the U.S. an $8.6-billion award because he won it through deceit. Logan International announces representation in Ecuador http://www.worldoil.com/news/2015/10/08/logan-international-announces-representation-in-ecuador Logan International, in conjunction with Logan Oil Tools Sucursal Colombia, has announced that Energy Supply S.A., located in Quito, Ecuador, has been contracted as an independent sales representative for the Ecuador market as of Oct. 1. Petroamazonas cuts downtime, expenses with system upgrade, virtualization http://www.worldoil.com/magazine/2015/september-2015/features/petroamazonas-cuts-downtime-expenses-with-system-upgrade-virtualization FactoryTalk software, virtual servers replace aging human-machine interface infrastructure as part of multi-facility upgrade, which saved the operator considerable expense. Ecuador reveals financial stress inside OPEC http://www.worldoil.com/news/2015/8/26/ecuador-reveals-financial-stress-inside-opec Ecuador has revealed the financial stress inside OPEC created by low oil prices, becoming the first member of the group to say it’s pumping at a loss. Canacol Energy annouces light oil discovery in Ecuador http://www.worldoil.com/news/2015/8/10/canacol-energy-annouces-light-oil-discovery-in-ecuador Canacol Energy Ltd. and its JV partners have completed the drilling and testing of the successful Secoya Oeste - A001 exploration well located adjacent to the producing Libertador and Atacapi light oil fields in the Oriente basin of Ecuador. Regional Report: Latin America http://www.worldoil.com/magazine/2015/may-2015/features/regional-report-latin-america Responding to falling oil prices, some Latin American governments push energy investment, while others slash EandP budgets.