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Tag: agreement

Ecuador and ENAP SIPEC Renegotiate Oil Agreement, Boosting Production in Amazon

On 2024-07-21 By Aifin In Markets

Ecuador and ENAP SIPEC, a subsidiary of Chile’s state-owned oil company ENAP, have renegotiated an oil agreement for a block in the Ecuadorian Amazon. The new agreement includes an additional investment of $90 million until …

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Germany to Gradually Phase Out Huawei From 5G Network

On 2024-07-10 By Aifin In Tech

Germany has agreed in principle to phase out Chinese technology companies, including Huawei, from its 5G network over the next five years. The deal, driven by security concerns, will see components from these companies removed …

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