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Petroecuador is a state-owned enterprise, founded on September 26, 1989. In its conception, Petroecuador began as a fiscal agent; however, in time, it came to manage and operate most of the country's oil sector. [ 4] It is the successor to Corporación Estatal Petrolera Ecuatoriana (CEPE) which was formed in 1972. [ 5]
The Ferrocarriles del Ecuador Empresa Pública (Ecuadorian Railways Company) is the national railway of Ecuador. The railway system was devised to connect the Pacific coast with the Andean highlands. After many decades of service the railway was severely damaged by heavy rainfall during the El Niño in 1997 and 1998 [ 1][ 2] and from general ...
There were two military dictatorships in the country (1963–1966 and 1972–1979) before democracy returned with the election of Jaime Roldós Aguilera. From 1996 to 2005, 3 constitutional presidents were overthrown ( Abdalá Bucaram, Jamil Mahuad and Lucio Gutiérrez ). The left-wing populist government of Rafael Correa (2007–2017) has been ...
Regionalization, or zoning, is the union of two or more adjoining provinces in order to decentralize the administrative functions of the capital, Quito. In Ecuador, there are seven regions, or zones, each shaped by the following provinces: Region 1 (42,126 km 2, or 16,265 mi 2 ): Esmeraldas, Carchi, Imbabura, and Sucumbios.
Ecuador is located on the west by the Pacific Ocean, and has 2,237 km of coastline. It has 2237 km of land boundaries, with Colombia in the north (708 km border) and Peru in the east and south (1,529 km border). 283,561 km 2 (109,484 sq mi) is land and 6,720 km 2 (2,595 sq mi) water. Ecuador is one of the smallest countries in South America ...
Ecuadorian law describes the arms as follows: [1] The Arms of Ecuador shall be an oval shield containing inside, in the upper part the sun with the part of the Zodiac where one finds the signs corresponding to the memorable months of March, April, May and June; in the lower part, to the right shall be represented the historical mountain Chimborazo, wherefrom shall start a river, and where it ...
It is the highest political office in the country as the head of the executive branch of government. Per the current constitution, the president can serve two four-year terms. Prior to that, the president could only serve one four-year term. The current president of Ecuador is Daniel Noboa. He was elected in 2023 and is currently the youngest ...
After weeks of disagreement, Virginia lawmakers have reached a deal to repeal new restrictions on a program that offers free college tuition at state schools for families of military veterans who ...