IBOV 168,749.24 ▲ 1.54% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL5.50▼ 0.10% USD/MXN18.64▼ 0.63% USD/CLP977.77▼ 0.08% USD/COP3,233▲ 0.17% USD/PEN3.42▼ 0.69% USD/ARS 1,545 — 0.00% USD/UYU40.31▲ 3.48% USD/PYG6,358▲ 8.23% USD/BOB11.81▲ 0.40% USD/DOP60.59▲ 0.48% USD/CRC448.27▲ 1.89% USD/GTQ7.64▲ 3.24% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 2.77% USD/VES893.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.90% USD/TTD6.72▲ 2.39% EUR/BRL6.13▲ 0.01% BRENT 97.69 ▼ 0.61% WTI 90.28 ▼ 0.27% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.35% GOLD 4,069 ▼ 1.09% SILVER 51.93 ▼ 0.58% SOY 1,188 ▲ 0.55% CORN 441.00 ▲ 0.23% WHEAT 594.00 ▼ 0.88% COFFEE 279.65 ▲ 0.90% SUGAR 18.23 ▼ 1.78% ORANGE JUICE 137.95 ▲ 7.40% COTTON 78.54 ▼ 0.22% COCOA 5,213 ▲ 0.62% BEEF 213.78 ▼ 0.29% CATTLE 317.20 ▼ 2.42% LITHIUM 60.88 ▲ 1.16% PETR4 45.31 ▼ 1.39% VALE3 63.96 ▲ 2.06% ITUB4 40.63 ▲ 1.65% BBDC4 14.10 ▲ 2.40% ABEV3 15.53 ▲ 0.32% BBAS3 17.06 ▲ 3.46% B3SA3 14.48 ▲ 0.84% WEGE3 48.54 ▲ 0.50% PRIO3 60.56 ▼ 1.59% SUZB3 52.85 ▲ 1.07% RENT3 30.43 ▲ 4.68% AZZA3 14.91 ▲ 6.05% CSAN3 2.78 ▲ 11.20% RAIZ4 27.30 ▼ 0.98% PCAR3 2.43 ▲ 1.67% GMAT3 3.91 ▲ 5.39% PSSA3 44.29 ▲ 1.33% CVCB3 0.86 ▲ 4.88% POSI3 3.11 — 0.00% SLCE3 16.58 ▲ 1.41% NATU3 5.44 ▲ 1.68% BRKM5 3.22 ▲ 6.27% RANI3 8.44 ▼ 0.24% CSNA3 4.42 ▲ 9.14% IBOV 168,749.24 ▲ 1.54% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.11% USD/MXN 18.65 ▼ 0.58% USD/CLP 977.40 ▼ 0.12% USD/COP 3,238 ▲ 0.32% USD/PEN 3.42 ▼ 0.70% USD/ARS 1,545 — 0.00% USD/UYU 40.31 ▲ 3.48% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.81 ▲ 0.40% USD/DOP 60.59 ▲ 0.48% USD/CRC 448.27 ▲ 1.89% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.88 ▲ 3.25% USD/NIO 36.62 ▲ 2.77% USD/VES 893.88 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.90% USD/TTD 6.72 ▲ 2.39% EUR/BRL 6.12 ▼ 0.05% BRENT 97.69 ▼ 0.61% WTI 90.28 ▼ 0.27% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.35% GOLD 4,069 ▼ 1.09% SILVER 51.93 ▼ 0.58% SOY 1,188 ▲ 0.55% CORN 441.00 ▲ 0.23% WHEAT 594.00 ▼ 0.88% COFFEE 279.65 ▲ 0.90% SUGAR 18.23 ▼ 1.78% ORANGE JUICE 137.95 ▲ 7.40% COTTON 78.54 ▼ 0.22% COCOA 5,213 ▲ 0.62% BEEF 213.78 ▼ 0.29% CATTLE 317.20 ▼ 2.42% LITHIUM 60.88 ▲ 1.16% PETR4 45.31 ▼ 1.39% VALE3 63.96 ▲ 2.06% ITUB4 40.63 ▲ 1.65% BBDC4 14.10 ▲ 2.40% ABEV3 15.53 ▲ 0.32% BBAS3 17.06 ▲ 3.46% B3SA3 14.48 ▲ 0.84% WEGE3 48.54 ▲ 0.50% PRIO3 60.56 ▼ 1.59% SUZB3 52.85 ▲ 1.07% RENT3 30.43 ▲ 4.68% AZZA3 14.91 ▲ 6.05% CSAN3 2.78 ▲ 11.20% RAIZ4 27.30 ▼ 0.98% PCAR3 2.43 ▲ 1.67% GMAT3 3.91 ▲ 5.39% PSSA3 44.29 ▲ 1.33% CVCB3 0.86 ▲ 4.88% POSI3 3.11 — 0.00% SLCE3 16.58 ▲ 1.41% NATU3 5.44 ▲ 1.68% BRKM5 3.22 ▲ 6.27% RANI3 8.44 ▼ 0.24% CSNA3 4.42 ▲ 9.14%
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Latin America Ecuador

Ecuador’s Largest Oil Refinery Damaged by Earthquake, Declares Emergency Status

By · May 2, 2025 · 2 min read

Ecuador’s state oil company Petroecuador declared an emergency at its largest refinery on April 30 following significant earthquake damage. The 110,000 barrel-per-day Esmeraldas facility suffered structural harm after a 6.3 magnitude earthquake struck Ecuador’s Pacific coast on April 25.

The powerful tremor forced Petroecuador to immediately halt operations at the refinery as a precautionary measure. Technical inspections revealed damage to multiple critical components within the facility.

A storage tank, crude oil furnaces, and the visbreaking unit all sustained damage during the seismic event. Petroecuador insists that oil exports and domestic fuel distribution remain unaffected despite the emergency declaration.

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The company pledged to coordinate necessary contingency imports while they work to restore full operations. Ecuador depends heavily on the Esmeraldas facility for processing crude oil into gasoline, diesel, and other essential fuels.

Ecuador Faces Emergency After Earthquake Damages Infrastructure

The earthquake that triggered this crisis struck at a depth of 23 kilometers off Ecuador’s northern coast. Its impact extended beyond the refinery, causing widespread disruption throughout the Esmeraldas region.

Ecuador's Largest Oil Refinery Damaged by Earthquake, Declares Emergency Status
Ecuador’s Largest Oil Refinery Damaged by Earthquake, Declares Emergency Status.
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At least 20 people suffered injuries from the tremor. The seismic event damaged numerous public buildings and private homes across the area. This emergency highlights ongoing vulnerabilities in Ecuador’s critical energy infrastructure.

The Esmeraldas refinery previously underwent a controversial $2.3 billion renovation in 2015. Experts have questioned the quality of those repairs over subsequent years.

Ecuador’s President Daniel Noboa promised government assistance for affected citizens. Officials quickly mobilized to establish shelters and deliver humanitarian aid packages to impacted communities.

The government ruled out tsunami threats following comprehensive risk assessments. The emergency declaration grants Petroecuador special contracting powers to expedite necessary repairs at the facility.

The company must now balance immediate restoration needs with maintaining the country’s energy security. Ecuador faces additional energy challenges as its power grid depends heavily on hydroelectric generation vulnerable to geological instability.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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