Perspectives on Remittance Flows in 2025

Live Now
Linkedin-in Youtube Facebook-f

LATIN AMERICA ADVISOR

Energy ADVISOR

A weekly publication Of the dialogue

April 25, 2025

How Will Noboa’s Win Affect Ecuador’s Energy Sector?

Ecuadorean President Daniel Noboa won a second term in a runoff election earlier this month. He is pictured greeting workers at the La Libertad oil refinery in January. // Photo: Ecuadorean Government.

Q

  • Ecuadorean President Daniel Noboa won re-election to a second term on April 13, defeating leftist challenger Luisa González. Noboa has pledged to continue tackling ongoing power sector deficiencies and attract more foreign investment for projects that include renewable energy. How will Noboa’s re-election translate into changes in Ecuador’s energy sector, and how successful will he be at attracting investment? How is Ecuador’s oil production likely to change in the short term, considering that the referendum banning extraction in the Yasuní/ITT Block in the Amazon remains in effect? How will Noboa’s new administration manage Ecuador’s power sector problems, which flared amid a drought late last year?

A

Paola Gachet, partner at Lexvalor Abogados in Quito and founder of the Ecuador chapter of Women in the Profession: “The president’s re-election presents a unique opportunity to promote investment and build certainty for stakeholders in the energy sector. This can only be achieved if the government takes concrete action to guarantee legal certainty as the guiding principle, reflected in clear rules and an environment aligned with international standards. Second, there must be a radical simplification of bureaucratic procedures in order to create a business-friendly environment. Institutional efficiency is not a luxury; it is a basic condition for development and for attracting investment. While the government has secured legitimacy at the polls, it must now demonstrate both the political will and the capacity to implement the reforms Ecuador urgently needs. Reducing conflicts by amicably…”

Top News

Atlas Receives $510 Million in Financing for Chile Solar Project
Atlas Renewable Energy secured $510 million in financing to finish building a solar and battery storage facility in Chile’s northern Antofagasta region.
Shell, NGC Wind Down Exploration in Dragon Field
Shell and Trinidad and Tobago’s NGC will conduct a final exploration survey in an offshore natural gas field before U.S. authorization for the project expires next month.
COP30 in Brazil to Seek 2 Degree Warming Pledge
Brazilian officials, led by diplomat André Corrêa do Lago, hope countries will commit to limiting global warming to less than two degrees Celsius at the upcoming COP30 United Nations climate change conference in Belém.

Complete editions of the Energy Services Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

Subscribe

ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Latin America Advisor
Financial Services Advisor

Subscribers

the-dialogue-energy-subscribers01
the-dialogue-energy-subscribers02
the-dialogue-energy-subscribers03
the-dialogue-energy-subscribers04
the-dialogue-energy-subscribers05
the-dialogue-energy-subscribers06
the-dialogue-energy-subscribers07
the-dialogue-energy-subscribers08
the-dialogue-energy-subscribers09
the-dialogue-energy-subscribers10
the-dialogue-energy-subscribers11
the-dialogue-energy-subscribers12

Staff

Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org
Jack Quinn
Reporter

jquinn@thedialogue.org
Lori Rampani
Reporter

lrampani@thedialogue.org
Subscribe

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Alfonso Blanco
Program Director, Energy Transition & Climate
Inter-American Dialogue

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

Analia Gonzalez
Leader, Arbitration & Litigation,
Latin America, BakerHostetler

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jasper Jung
Executive Director, Global Strategic Initiatives,
General Motors

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Martin Menski
Partner,
White & Case

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

Mariana Sánchez Ramírez
Latin America Policy Advisor,
Chevron

The Dialogue is a hemispheric organization that builds networks of cooperation and action to advance democratic resilience, shared prosperity, social inclusion, and sustainable development across the Americas. We impact policy debates, devise solutions, and enhance collaboration to unlock meaningful change in the Western Hemisphere.

Quick Links

Donate

Inter-American Dialogue
1155 15th Street NW | Suite 800
Washington, DC 20005
P: +1-202-822-9002
F: +1-202-822-9553

Preview Latin America Advisor
Linkedin-in Youtube Facebook-f

© 2025 Inter-American Dialogue

Subscribe To
Latin America Advisors

* indicates required field

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The Inter-American Dialogue Education Program

SUBSCRIBE TO OUR NEWSLETTER / SUSCRÍBASE A NUESTRO BOLETÍN:

* indicates required

Background of different currencies in the Western Hemisphere

The State of the Remittance Industry and an Outlook for 2025