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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Southern Cone NRG Dashboard 4Q:24 with upstream, downstream, midstream, liquefied natural gas (LNG), […]
Category: Uruguay
Uruguay energy
Argentina’s Vaca Muerta Anchors Record Production
(Camilo Ciruzzi, Energy Analytics Institute, 6.Dec.2024) — Argentina’s crude oil and natural gas sectors are experiencing a historic surge. That, as production nears record highs, […]
Race for LatAm Offshore Wind Energy Starting
(Margarita Nieves-Zárate, Energy Analytics Institute, 26.Nov.2024) — The race for offshore wind energy in Latin America is just starting. According to the Global Wind Energy […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 8 Nov. 2024
(Energy Analytics Institute, 8.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 8 Nov. 2024. —Argentina: YPF execs. met […]
EAI’s NRGBriefs: Feb. 2024
(Energy Analytics Institute, 29.Feb.2024) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering […]
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APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]
(APA Corporation, 21.Feb.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the fourth-quarter and full-year 2023. During the fourth-quarter 2023, APA […]
Volvo Delivers First Electric Trucks in LatAm
(Volvo, 20.Dec.2023) — Volvo Trucks has delivered eight heavy electric trucks to customers in Brazil, Chile and Uruguay. These orders represent Volvo’s first sales of […]
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NatGas in Transition to Low-Carbon Economies [PDF Download]
(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for […]
Open Uruguay Round: Second Instance 2022
(ANCAP, 26.Dec.2022) — As a result of the Open Uruguay Round process approved by Decree 111/019, three bids for the exploration and production of hydrocarbons […]
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Open Uruguay Round [PDF Download]
(Energy Analytics Institute, 22.Dec.2022) — South America’s Uruguay, a reliable country where above ground risks are minimized, is offering excellent opportunities for companies to acquire […]
New Companies Apply to Qualify for Open Uruguay Round
(ANCAP, 3.Nov.2022) — In the 2nd Instance of 2022, ANCAP received the documentation from CNOOC, OXY, Qatar Energy, TotalEnergies and YPF to qualify in the […]
NRGBriefs: GYSBI’s Guyana Contract with Exxon; Cubico Wind Deals in Uruguay
(Energy Analytics Institute, 20.Jul.2022) — Energy briefs including Cubico Sustainable Investments acquiring two operating wind projects in Uruguay from ACS; Sempra announced plans to report […]
FACT SHEET: Aker Clean Hydrogen’s Portfolio of Industrial Clean Hydrogen Projects
(Aker Clean Hydrogen, 26.Apr.2022) — Aker Clean Hydrogen has a portfolio of industrial clean hydrogen projects and prospects has a total capacity of 1.8 GW […]
The World Bank: LAC Returns to Pre-Pandemic “Unsatisfactory Growth Rates”
(Energy Analytics Institute, 11.Apr.2022) — This week The World Bank published its 62-page semiannual report for Latin America and the Caribbean (April 2022) dubbed “Consolidating […]
Leaders from Africa and LatAm’s Major Gas Producing Economies To Gather
(EnergyNet Ltd., 2.Mar.2022) — As gas again is discussed as a critical fuel for the energy transition, the most senior officials from Africa and Latin America’s natural gas economies […]
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Uruguay is at the Forefront in the Use of Renewable Energies [PDF Download]
(Uruguay XXI, 4.Feb.2022) — With an investment of more than eight billion pesos in the last decade, Uruguay is currently the second country in the […]
LatAm Briefs: Argentina And IMF, ANCAP 2020 Loss
(Energy Analytics Institute, 23.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: the IMF contemplating lending $4.4bn to Argentina and Uruguay’s ANCAP […]
LatAm Briefs: YPF Chubut CAPEX, Fracking In Colombia
(Energy Analytics Institute, 17.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Uruguay including: YPF’s investment plans in Chubut, Argentina’s […]
Petrobras Finalizes Sale Of Uruguayan Assets
(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 2 October 2020, informs that its indirect subsidiary Petrobras Uruguay Sociedad Anónima de Inversión […]
Petrobras Inks Deal To Divest Uruguay Assets
(Petrobras, 2.Oct.2020) — Petrobras, following up on the release disclosed on 4 February 2020, informs that its indirect controlled company, Petrobras Uruguay Sociedad Anónima de […]
ANCAP Selects KBR For SDA Upgrade Project
(KBR, 29.Jun.2020) — KBR’s solvent deasphalting (SDA) technology, ROSE®, has been selected by Uruguay’s sole refinery, ANCAP, for a strategic upgrade project. Under the terms […]
UPM Finalizes Items With New Uruguayan Government
(UPM, 15.May.2020) — UPM is proceeding at full speed with its investment project in Uruguay and has taken several steps forward. UPM and the new […]
Petrobras Starts Binding Phase For Uruguay Assets
(Petrobras, 4.Feb.2020) — Petrobras, following up on the press release disclosed on 17 February 2020, informs the beginning of the binding phase related to the […]
Latin America Oil & Gas Summit: Uruguay
(IN-VR, 29.Nov.2019 ) — IN-VR invites international oil & gas companies to the Latin America Oil & Gas Summit in 5-6 December 2019, at Uruguay, […]
Petrobras Discloses Teaser For Uruguayan Assets
(Petrobras, 12.Nov.2019) — Petrobras started the opportunity disclosure stage (teaser) relating to the sale of its fuel, lubricant and fertilizer distribution business in Uruguay. In […]
UTE Announces $500mn Investment In San José
(Energy Analytics Institute, Aaron Simonsky, 12.Nov.2019) — The company UTE announced it will invest $500 million in the Punta del Tigre B 540-megawatt combined cycle […]
Uruguay’s UTE Sets Energy Export Record
(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2019) — Uruguay generated a total of 60.7 gigawatt hours (GWh) of energy on 30 Oct., of which more than […]
Uruguay’s UTE Sets 2019-2023 Budget At $1.2bn
(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2019) — Uruguay’s UTE plans to spend approximately $1,248 million during the five-year budget period 2019-2023, of which a quarter […]
Uruguay Tries With Five-block Open Auction
(S&P Global Platts, 28.Aug.2019) — Uruguay is optimistic that a recently launched open round for offshore acreage will tempt companies to bid, buoyed by a […]
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and […]
Argentina Inks NatGas Export Deal With Chile
(Energy Analytics Institute, Aaron Simonsky, 21.Aug.2019) — Argentina and Chile signed an agreement for the export of natural gas from the former to the latter. […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) — It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
“We Don’t Know Anything Yet” About The Power Outage, Lopetegui Says
(Energy Analytics Institute, Aaron Simonsky, 17.Jun.2019) — Regarding a power outage that affected Argentina and Uruguay on 16 June, Argentina’s Energy Secretariat Gustavo Lopetegui said: […]
Power Returns After Blackout In Argentina And Uruguay
(Reuters, 16.Jun.2019) — Power returned to much of Argentina and two neighbouring countries following a massive blackout that left tens of millions in the dark […]
Argentina And Uruguay Scramble To Restore Power
(Reuters, Adam Jourdan and Eliana Raszewski, 16.Jun.2019) — Argentina and Uruguay were scrambling to restore power to millions of people after a massive power failure […]
Argentina And Uruguay To Advance Salto Grande Project
(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) — The first phase of the joint development plan between Argentina and Uruguay to renovate the Salto Grande Bi-national […]
Ancap Says Maintaining Naphtha Prices “Difficult”
(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) — The rising price of crude oil and the dollar are making it difficult for Ancap to maintain naphtha […]
Argentina And Uruguay To Invest $1,000 Million To Modernize Salto Grande Dam
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — The governments of Argentina and Uruguay announced plans to invest $1,000 million in the modernization of the Salto […]
ANCAP, MIEM Approve Regime For Open Uruguay Round
(ANCAP, 3.May.2019) — The Uruguayan National Oil Company (ANCAP) and the Ministry of Industry, Energy and Mining (MIEM), have formally approved the new Regime for […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) — Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) — Petrobras announced that the Board of Directors, in a meeting held today, approved new guidelines for the management of its asset portfolio. […]
New Reference Price For Jet A-1 Fuel In Uruguay
(Energy Analytics Institute, Aaron Simonsky, 4.Apr.2019) — Uruguay will establish a new reference price for its Jet A-1 fuel as part of an initiative to […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on […]
ANCAP Interested In Hydrogen For Transport, Marta Jara Says
(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2018) — Uruguay is studying possibilities with hydrogen. “ANCAP is interested in the hydrogen option, because it is an ideal […]
Uruguay’s Energy Matrix And Renewable Energies
“Uruguay’s energy matrix is one of the most outstanding in the world due to the variety of renewable energies” — ANCAP President Marta Jara.
Uruguay Sets Deadline To Seek Renewable Energy Fiscal Incentives
(Energy Analytics Institute, Ian Silverman, 13.Oct.2018) — Companies seeking to benefit from renewable energy tax benefits will have until October 24, 2018 to submit details […]
Uruguay Judge Orders ANCAP to Pay $5.6 Mln to Exor Internacional Ltda.
(Energy Analytics Institute, Ian Silverman, 28.Sep.2018) — Uruguayan Judge Carlos Aguirre ordered ANCAP to pay a fine of $5.6 million plus interest to Exor Internacional […]
Uruguay: A Clean Energy Leader
(Uruguay Investment Agency, 10.Sep.2018) — Uruguay stands out in Latin America for its high living standards and social and political stability. Today it is also […]
PDVSA Leaves Argentine Gas Station to Fend for Itself
(Reuters, Luc Cohen, 15.Aug.2018) – As Venezuela’s state-owned oil company PDVSA saw its finances devastated by low oil prices and mismanagement, it funneled millions of […]
Uruguay Electric Grid Reaches Nearly All Citizens
(Energy Analytics Institute, Jared Yamin, 23.Jul.2018) – Uruguay is one of the countries in the Latin American region with one of the highest connection of […]
FDI in LAC Region Falls for Third Straight Year
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) – Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, […]
ANCAP and ALUR Combined $160 Mln Credits
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) – Two resolutions from the Uruguayan government late last month will authorize Ancap and ALUR to access credits for […]
Atlas to Invest $114.4 Mln in Uruguay
(Energy Analytics Institute, Ian Silverman, 4.Jul.2018) – U.S. company Atlas Renewable Energy plans investments of $114.4 million in Uruguay. Atlas announced closing of long-term financing […]
Uruguay to Adopt Process for Offshore Oil Blocks
(Reuters, Luc Cohen, 15.Jun.2018) – Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after […]
Uruguay: Some Background On Oil Exploration
(Schuepbach Energy Uruguay – SEU, 30.Oct.2017) — The Norte Basin is part of a huge sedimentary basin called Paraná Basin in Brazil and Paraguay, and […]
Argentina Interested in Buying Excess Gas from Punta De Sayago
(Energy Analytics Institute, Aaron Simonsky, 11.May.2016) – The government of Uruguay continues to move forward with agreements to secure markets for natural gas to come […]
Statoil Strengthens Its Position In Uruguay
(Statoil, 15.Feb.2016) — Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas […]
ANCAP Says Will Not Reduce Fuel Prices
(Energy Analytics Institute, Aaron Simonsky, 1.Apr.2015) – ANCAP will not reduce fuel prices in April due to the appreciation of the dollar. According to analysts, […]
Montevideo LNG Plant Ready by YE:16
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) – The LNG regasification plant (called ‘GNL del Plata’ in Spanish) in Montevideo, Uruguay is expected to be ready […]
Worries Surround Montevideo LNG Plant
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) – Officials in Uruguay are worried about difficulties that have translated into delays at the Montevideo LNG regasification plant. […]
Venezuela Financial Scheme for Uruguayan Oil
(Energy Analytics Institute, Jared Yamin, 3.Mar.2015) – Venezuela announced a financing scheme for oil shipments to Uruguay, according to a decree revealed on March 2, […]
Uruguay Supporting Execution of 27 Projects
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) – The Uruguayan government is supporting execution of 27 electric projects in rural zones that will span 800 km. […]
Combustible Prices to Increase in Uruguay
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Uruguay’s ANCAP will increase the price of combustibles by an average 9.7%, reported the daily newspaper La Red […]
Galp Energia Inks E&P Deal In Uruguay
(Galp Energia, 2.Sep.2010) — Galp Energia and its consortium partners Petrobras and YPF have signed today in Montevideo, an exploration and production agreement for the […]