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Canada’s energy superpower ambition
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
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Ecuadorean President-elect Daniel Noboa after receiving his credentials from the National Electoral Council
Ecuador Politics
Marat Aslan
22 November 2023
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Testing times for Ecuador’s new president

Security concerns and environmental opposition to oil and gas drilling pile pressure on new leader’s truncated first term

Ecuador’s youngest ever president, Daniel Noboa, may have narrowly edged out his leftist opponent in the country’s recent snap general election, but he faces a steep learning curve if he wants to secure a second term in just less than 18 months. The heir of a banana dynasty, Noboa inherits an economy reeling from unprecedented gang violence and a public increasingly distrustful of the extractive sector. The assassination of presidential hopeful Fernando Villavicencio in August highlighted the deteriorating security situation.   “Noboa managed to capitalise on his positioning as a new and fresh young face, offering change and pledging employment, economic opportunity and security,” said Eilee

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Petroleum Economist: June 2025
12 June 2025
The June 2025 issue of Petroleum Economist is out now!

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