Ecuador Looks to Attract International Investment in Oil, Gas Sector

SMelindo / August 9, 2011 / Flickr

Ecuador is hoping to attract $800 million in oil and gas investments from foreign companies, according to Reuters. Companies are bidding on four oil fields in the Amazon region and one natural gas field off the coast of Guayaquil. Auctions for the fields are expected to be completed this summer. The price of oil fell … Continue reading Ecuador Looks to Attract International Investment in Oil, Gas Sector