Less crude oil production from Jan - June 2002.

From: South American Business Information | Date: August 21, 2002 | Copyright information

Ecuador, Aug 20, 2002

Over the Jan - June period private oil companies operating in Ecuador produced 2.5mil barrels less than the same period as of 2001, and missed a US$47mil income. The only companies to increase output were AEC del Ecuador, Canada Grande, and operators in marginal fields. The state owned Petroecuador also reports production decreases to40.24mi...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

OPEC not likely to increase output before end of year
The Milwaukee Journal Sentinel ; OPEC not likely to increase output before end of year 11-nation group meeting Sunday to assess conditions in oil market Associated Press Saturday, November 11, 2000 London -- Despite tight supplies in world oil markets, OPEC is expected to forgo any increase in crude production when its members
Oil market in disarray as Saudis defy Opec to increase output
The Independent - London ; ... Rodriguez, president of the producers' cartel Opec, said prices had fallen far enough to avoid the need for an increase. That news sent the oil price rising sharply in early trading yesterday. After the Saudis announced their 3 July plan, Opec agreed to sanction ...
OPEC raises oil production ceiling in gesture to cool prices Cartel did not ask members to increase output from ground
Chicago Sun-Times ; ... Vienna," Saudi Oil Minister Ali Naimi told reporters. U.S. Energy Secretary Spencer Abraham described OPEC's decision as "welcome news." U.S. State Department spokesman Adam Ereli said it would result in "much needed oil supplies." Claude Mandil, head of the Paris-bas ...
Oil Prices Plunge on News of Saudi Arabias Plan to Increase Output.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News ; ... Saif al-Nasseri, the UAE'S oil minister, told the official WAM news agency. Venezuela is estimated to be producing at capacity. Despite ... 000 barrels a day on average in June, according to Bloomberg News' estimates. Late Wednesday, the market got a mixed message about ...
OPEC meets today to discuss output; Saudis hint they might increase output unilaterally
Telegraph - Herald (Dubuque) ; ISFAHAN, Iran (AP) - Saudi Arabia is trying to wrestle oil prices lower with a pledge to pump more crude - with or without OPEC. But so far, it isn't working. On Tuesday, the world's largest oil producer said it might boost supplies unilaterally to bring relief to world markets if other members of