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Ivanhoe Energy in talks to develop Ecuador field (AP via Yahoo! Finance)
Ivanhoe Energy Systems Inc. said Tuesday it is in advanced talks with Ecuador's national oil company to develop the Pungarayacu oil field.

Ivanhoe Energy in talks with Ecuador's national oil company (Canadian Business)
VANCOUVER - Ivanhoe Energy Inc. (TSX:IE) said Tuesday the company is in talks with Ecuador's national oil company regarding the development of the Pungarayacu oil field.

Ecuador's 5 Mos Exports To Andean Countries Up 72% (INO News)
QUITO (Dow Jones)--Ecuador's exports to the Andean countries totaled $1.54 billion in the first five months of the year, an increase of 72% from the $896 million registered in the same period of 2007, the central bank said Tuesday.

Ecuador's Bonds Fall After Patino Says Government May Default (Bloomberg.com)
Aug. 18 (Bloomberg) -- Ecuador's bonds tumbled after Reuters reported the head of a commission auditing the country's foreign debt said the government has sufficient evidence to default on ``illegitimate'' debt.

Chevron paying heavy price for Texaco's mistakes in Ecuador, says Amazon Defense Coalition (Oil Online)
Chevron's surprise announcement on Friday that it would be open to talks to resolve a possible $16.3 billion liability for environmental damage in Ecuador reflects the company's dwindling legal options in a long-running lawsuit over who pays for the clean-up of what even Chevron now acknowledges is a huge disaster, the Amazon Defense Coalition said Monday, August 18, 2008.

Ecuador July Crude Output 498,315 B/D, Down 2% On Year (Nasdaq)
QUITO -(Dow Jones)- Ecuador's average oil output fell 2% to 498,315 barrels a day in July from 509,749 barrels a day in July of 2007, according to the Mining and Oil Ministry.

Galapagos under botanical alert for medfly invasion (AFP via Yahoo! News)
Ecuador's Galapagos Islands, a UNESCO World Heritage Site, were under a botanical alert Tuesday after a destructive Mediterranean fruit fly (medfly) was detected on the archipelago, the Agricultural Health Service (SESA) said.

Chevron Paying Heavy Price For Texaco's Mistakes in Ecuador, Says Amazon Defense Coalition (Centre Daily Times)
Chevron's surprise announcement on Friday that it would be open to talks to resolve a possible $16.3 billion liability for environmental damage in Ecuador reflects the company's dwindling legal options in a long-running lawsuit over who pays for the clean-up of what even Chevron now acknowledges is a huge disaster, the Amazon Defense Coalition said today.

A Culinary Journey in Ecuador (New York Times)
Homemade snacks cooked up at stands around markets and bus stations give a thorough sampling of regional specialties.

Ecuador Government: Odebrecht SA Should Pay 24 Million In Fines (Nasdaq)
QUITO -(Dow Jones)- Brazilian company Norberto Odebrecht SA should pay a fine of $24 million and invest around $24 million to repair the San Francisco hydroelectric plant, National Anticorruption Secretary Alfredo Vera said Tuesday.

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