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US appeals court orders Ecuador to pay $96 mn to Chevron

Last Updated: Wednesday, August 5, 2015, 02:16

A US federal appeals court on Tuesday upheld a $96 million award that Ecuador must pay oil giant Chevron in an arbitration of their dispute over Chevron`s investments in the country.

Ecuador`s Correa rebukes `intrusions` by UN, Americas court

Last Updated: Sunday, January 19, 2014, 04:53

Ecuador`s President Rafael Correa has rebuked requests by major international bodies for clarification on his anti-abortion position and decision to extract oil from an Amazon reserve.

Six Cuban asylum-seekers stuck at Bogota airport

Last Updated: Friday, January 10, 2014, 07:34

Colombia refused to entertain asylum applications from six Cubans who have been stuck in the transit area of Bogota`s international airport since New Year`s Day after a failed attempt to enter Ecuador.

Correa slams report on CIA role in Ecuador strike

Last Updated: Tuesday, December 24, 2013, 00:35

Ecuador`s President Rafael Correa warned on Monday that reports US intelligence played a role in a 2008 Colombian attack on FARC rebels in his country as a threat to regional peace efforts.

USAID to pull out of Ecuador: US embassy official

Last Updated: Wednesday, December 18, 2013, 03:05

The US Agency for International Development has decided to end its operations in Ecuador next year after failing to reach an agreement with its leftist government, a US embassy official said on Tuesday.

Fifty-five inmates bust out of Ecuador jail

Last Updated: Monday, December 16, 2013, 07:33

Fifty-five inmates escaped from an overcrowded jail in Ecuador but 20 were swiftly recaptured, authorities said.

ONGC Videsh signs pact to evaluate opportunities in Ecuador

Last Updated: Tuesday, December 10, 2013, 23:11

OVL has been evaluating oil and gas exploration and production (E&P) opportunities in Ecuador for last one year.

Russian bank loans Ecuador $195.2 mn to build power plant

Last Updated: Tuesday, October 29, 2013, 19:50

The loan was agreed to during Ecuador President Rafael Correa`s current visit to Russia, part of a trip that also includes stops in Belarus and France.

War-torn Bosnia surprise entry to World Cup finals

Last Updated: Thursday, October 17, 2013, 18:43

After the latest round of matches Tuesday, war-torn Bosnia stormed into the 2014 World Cup in Brazil from June 12-July 13 along with England, Spain, Russia, Chile and Ecuador.

Chevron in US court to block $19bn Ecuador fine

Last Updated: Thursday, October 17, 2013, 09:08

US oil giant Chevron went to court in New York this week to try to escape paying USD 19 billion in damages in Ecuador, accusing an American lawyer acting for indigenous people there of fraud.

Ecuador mulls taking Assange case to The Hague

Last Updated: Wednesday, October 9, 2013, 11:06

Assange has been living in the embassy for more than a year, after Ecuador granted him political asylum, but Britain refused to let him leave the country by denying safe passage, Xinhua reported.

Ecuador approves oil drilling in Amazon reserve

Last Updated: Friday, October 4, 2013, 14:28

Ecuador`s Congress approved oil drilling in the nation`s biggest oil field in Yasuni National Park, part of the Amazon reserve, media reports said.