CONTROVERSY STILL PLAGUES ECUADOR'S OIL SECTOR

Controversy continues to plague oil operations in Ecuador. Despite efforts by the government to increase private participation in Ecuador's upstream, an unsettling note for prospective investors is mounting opposition by Amazon Indians objecting to the offer of acreage in their homeland. Meantime, state petroleum company Petroecuador and Texaco Inc. are trying to reach settlement of legal claims against each other over pricing and alleged environmental damage stemming from Texaco's 25

Feb 7th, 1994
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