Uruguay Archives - Energy Analytics Institute (EAI)

PRESS DIGEST 28 JUL 2026: Cheniere dividend

CARACAS, VENEZUELA (By Energy Analytics Institute, 28.Jul.2026, Words: 395) — The following briefs span company details on Cheniere Energy and Cheniere Energy Partners, L.P., among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond. Energy Analytics Institute (EAI) has not verified […]

UTE seeks partners to expand electric charging network in Uruguay

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 28.Jul.2026, Words: 64) — UTE has reportedly launched a call for proposals to install chargers on private properties. The proposals looks to deepen a strategy that reignites the debate about its role in the electric mobility market, LAESTACIÓN Uruguay reported on 28 […]

US to impose 12.5% tariff on Uruguayan imports

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 24.Jul.2026, Words: 169) — On 24 Jul. 2026, a new 12.5% tariff imposed by the US on Uruguayan imports went into effect as part of a trade investigation into forced labor. The measure, announced by the Office of the United States Trade […]

PRESS DIGEST 14 JUL 2026: VEN quake death toll reaches 4,734; URU exploration

CARACAS, VENEZUELA (By Energy Analytics Institute, 14.Jul.2026, Words: 545) — The following briefs span company details on Cheniere Energy, Inc., the Association of Exporters (Adex) and the National Administration of Fuels, Alcohol and Portland (Ancap), among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean […]

PRESS DIGEST 16 JUN 2026: Sheinbaum appoints Nafin CEO; PEMEX petrol supply

CARACAS, VENEZUELA (By editors and writers with Energy Analytics Institute and Editores LatinPetroleum CA, 16.Jun.2026, Words: 375) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on PEMEX, The Pew Charitable Trusts, Bancomext, and Nacional Financiera […]

Uruguay reports 1Q:26 GDP growth of 0.9% YOY

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 15.Jun.2026, Words: 105) — Uruguay’s Central Bank (BCU) released its national accounts report for the first quarter 2026 (1Q:26). The main figure: gross domestic product (GDP) grew 0.9% year-on-year (YOY) compared to Jan.-Mar. 2025.

PRESS DIGEST 25 MAY 2026: Silvercorp Hong Kong listing; Yván Gil in Amman

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 25.May.2026, Words: 225) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Silvercorp Metals Inc., the Stock Exchange of Hong Kong Limited and the Autonomous University Hospital […]

QatarEnergy acquires interests in 3 blocks offshore Uruguay from BG

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 20.May.2026, Words: 172) — QatarEnergy acquired participating interests in 3 exploration blocks offshore Uruguay from BG International Limited, a subsidiary of Shell. This marks QatarEnergy’s first entry into Uruguay’s upstream sector while further expanding its footprint in South America, according to His […]

PRESS DIGEST 29 APR. 2026: CFE 1Q:26 losses; Petro-Peru refineries; PETROBRAS 1Q:26 output

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 29.Apr.2026, Words: 460) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Mexico’s Federal Electricity Commission (CFE), Petro-Peru, PETROBRAS and Uruguay’s Ursea, among others. Energy Analytics Institute […]

PRESS DIGEST 13 APR. 2026: ARG inflation; HIF Global in URU; Venezuelan electricity crisis

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 13.Apr.2026, Words: 661) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Central Puerto, HIF Global and Citigroup, among others. Energy Analytics Institute (EAI) has not verified […]

Corruption perceptions index 2025: Venezuela (10), Mexico (27), Uruguay (73)

BERLIN, GERMANY (By Transparency International, 10.Feb.2026, Words: 1,102) — Corruption is worsening globally, with even established democracies experiencing rising corruption amid a decline in leadership, according to Transparency International’s 2025 Corruption Perceptions Index (CPI), published today. This annual index shows that the number of countries scoring above 80 has shrunk […]

EAI brief: LatAm conflicts to watch in 2026 (from Colombia and Mexico to Venezuela)

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 1.Jan.2026, Words: 361) — Energy Analytics Institute (EAI) expects the Latin America and Caribbean (LAC) region to continue to confront tensions on the political front in 2026 and beyond. This, amid rising US tensions under Trump 2.0 as North American president Donald Trump […]

OLADE: LAC region nuclear energy and natural gas use rise in Jul. 2025

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 20.Nov.2025, Words: 290) — Nuclear energy and natural gas saw significant growth in Jul. 2025, according to The Latin American Energy Organization (OLADE by its Spanish acronym). The Latin America and the Caribbean (LAC) region generated 161 terawatt-hours (TWh) of electricity […]

LAC region electricity generation reached 165 TWh in Mar. 2025: OLADE

BOGOTA, COLOMBIA (Ana Sanches, Energy Analytics Institute, 17.Jul.2025, Words: 188) — Electricity generation in Latin America and the Caribbean (LAC) reached 165 TWh in Mar. 2025, the highest level recorded in the last 12 months, which was up 8% sequentially compared to Feb. 2025, up 5% year-over-year compared to Mar. […]

Petrobras execs talk Argentina, Bolivia, Brazil, China, and Colombia at OTC media presser

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 950) — Petrobras held a special press conference with international press on the sidelines of the Offshore Technology Conference (OTC) 2025 in Houston, Texas. In specific, Petrobras’ CEO, Magda Chambriard, executive officer for exploration and production Sylvia Anjos and executive […]

EAI Southern Cone NRG Dashboard 4Q:24 [PDF Download]

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), renewable, new energies and other updates from Argentina (planned LNG projects, plans in the prolific Vaca Muerta shale play), Bolivia, Brazil (pre-salt and floating production, […]

Argentina’s Vaca Muerta anchors record growth in production

RIO NEGRO, ARGENTINA (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, driven by the prolific Vaca Muerta shale formation. Continued development of Vaca Muerta is reshaping the South American country’s energy landscape, reducing […]

Race for LatAm offshore wind energy starting: Brazil, Chile, Colombia, and Uruguay

BOGOTA, COLOMBIA (By Margarita Nieves-Zárate, Energy Analytics Institute, 26.Nov.2024, Words: 1,083) — The race for offshore wind energy in Latin America is just starting. According to the Global Wind Energy Council (GWEC), Latin America has significant potential for wind energy growth, driven by rising energy demands and a commitment to […]

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 in Buenos Aires w/ the Chancellor of Hungry to discuss the Argentina LNG project. —Ecuador: Ecuador is looking to acquire 195MW from private cos. in […]

EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela

HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering their pre-emption rights to Hess Corp.’s stake in the offshore Stabroek Block; increases in electricity for the majority […]

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 reported net income attributable to common stock of $1.8bn, or $5.78 per share on a fully diluted basis. When adjusted for certain items that impact […]

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 zero-exhaust emission trucks to Latin America. Volvo Trucks is continuing to enter new markets with its battery electric trucks. The company has now delivered its first […]

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 a growing global population. Achieving this massive goal requires a radical transformation in how energy is supplied and used worldwide, as 73% of global greenhouse […]

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 for two offshore areas of Uruguay were received in the second instance of 2022 (OFF-4 and OFF-5). YPF (www.ypf.com) submitted bids for areas OFF-4 and […]

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 an asset with extremely low exploratory program requirements. Details follow ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.

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 Open Uruguay Round. All these companies have excellent operational record, a corporate environmental policy committed to the reduction of emissions in their operations, and take […]

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 its 2Q:22 earnings and host a corresponding conference call on 4 Aug. 2022; and Guyana Shore Base Inc. (GYSBI) signing an 11-year extended contract with […]

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 under development, and an additional pipeline and opportunities of 6.8 GW. Project Highlights: Berlevåg – Norway Green ammonia production to provide shipping industry and off-grid […]

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 the Recovery: Seizing Green Growth Opportunities.” Guyana’s nascent petroleum sector is expected to help the country’s gross domestic product (GDP) expand by 47.9% in 2022, […]

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 are set to visit Washington DC on 16-18 March, to meet leading institutional and private sector investors at the Powering Africa Summit and Latin America Energy Forum […]

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 world with the highest share of renewable energies. Our country is undergoing a strong and successful transformation in terms of energy policy, thanks to an […]

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 reporting a $12mn loss in 2020. IMF Could Lend $4.4bn To Argentina The International Monetary Fund (IMF) could lend Argentina around $4.4bn, according to reports […]

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 economic minister’s plans to visit with IMF officials in the US, ExxonMobil’s pilot fracking plans in Colombia, and ANCAP’s board naming a new general manager […]

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 (PUSAI), concluded today the sale of its entire stake in Petrobras Uruguay Distribución S.A. (PUDSA), in Uruguay, to Mauruguay S.A., an indirect wholly-owned subsidiary of […]

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 Inversiones (PUSAI), signed with DISA Corporación Petrolífera S.A. (Disa), a contract for the sale of its entire stake in Petrobras Uruguay Distribuición S.A. (PUDSA), in […]

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 of the contract, KBR will provide technology licensing, basic engineering design, and proprietary equipment for a 6,000 BPSD ROSE unit. The unit will allow ANCAP […]

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 Government of Uruguay have signed a memorandum of understanding on pending items related to UPM’s growth project in Uruguay that will further strengthen the implementation […]

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 sale of 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI), a subsidiary of Petrobras, in Petrobras Uruguay Distribuición S.A. (PUDSA). […]

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, Punta Del Este Resort & Spa. For the first time, NOCs and hydrocarbons agencies will be sharing onshore and offshore updates for the region’s huge […]

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 this project, the company aims to sell 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI) – a subsidiary of Petrobras […]

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 plant located in the department of San José. The plant — situated near the Punta del Tigre A plant — can use two types of […]

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 half (32.7 GWh, 54% of total) was exported to neighboring countries through interconnections, setting a record for the small South American country. Most importantly, all […]

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 of the amount, or $312 million, will be allocated to work related to its transmission networks. The latter figure will allow the UTE to undertake […]

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 first round in neighboring Argentina this year that fetched nearly $1 billion in offers from some of the world’s biggest explorers, an Uruguayan official said […]

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 Uruguay during the first half of 2019. Argentina re-initiated gas exports to Chile in September 2018 under an interruptible modality, after abruptly suspending shipments in […]

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. The deal — under the framework of Resolution 417/19 from 26 July (which established new guidelines for regarding authorization of natural gas exports) — through […]

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 the Caribbean were facing major fuel shortages. Venezuela, one of the world’s largest producers of crude, offered to ease the staggering fuel costs faced by […]

“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: “We don’t know anything yet.” An investigation to take at least 15 days will assist Argentine authorities to find the causes of the blackout, reported […]

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 on Sunday, but Argentine President Mauricio Macri said the cause of the “unprecedented” outage was still unclear. Argentina’s grid “collapsed” around 7 a.m. local time leaving […]

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 hit the Argentine grid early on Sunday, Argentina’s Energy Secretariat said. Energy company Edesur Argentina said it had restored power for 75,000 clients in the […]