(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2019) â Uruguayâs 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 […]
Category: Uruguay
Uruguay energy
Uruguay Tries With Five-block Open Auction
(S&P Global Platts, 28.Aug.2019) â 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 […]
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) â 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 […]
Argentina Inks NatGas Export Deal With Chile
(Energy Analytics Institute, Aaron Simonsky, 21.Aug.2019) â Argentina and Chile signed an agreement for the export of natural gas from the former to the latter. The deal — under the […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) â 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 […]
âWe Donât Know Anything Yetâ About The Power Outage, Lopetegui Says
(Energy Analytics Institute, Aaron Simonsky, 17.Jun.2019) â Regarding a power outage that affected Argentina and Uruguay on 16 June, Argentinaâs Energy Secretariat Gustavo Lopetegui said: âWe donât know anything yet.â […]
Power Returns After Blackout In Argentina And Uruguay
(Reuters, 16.Jun.2019) â 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 […]
Argentina And Uruguay Scramble To Restore Power
(Reuters, Adam Jourdan and Eliana Raszewski, 16.Jun.2019) â Argentina and Uruguay were scrambling to restore power to millions of people after a massive power failure hit the Argentine grid early […]
Argentina And Uruguay To Advance Salto Grande Project
(Energy Analytics Institute, Aaron Simonsky, 14.Jun.2019) â The first phase of the joint development plan between Argentina and Uruguay to renovate the Salto Grande Bi-national Hydroelectric Complex will move forward […]
Ancap says maintaining naphtha prices “difficult”
(Energy Analytics Institute, Aaron Simonsky, 9.May.2019) â The rising price of crude oil and the dollar are making it difficult for Ancap to maintain naphtha prices, online media El Pais […]
Argentina And Uruguay To Invest $1,000 Million To Modernize Salto Grande Dam
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) â The governments of Argentina and Uruguay announced plans to invest $1,000 million in the modernization of the Salto Grande Dam situated over the […]
ANCAP, MIEM Approve Regime For Open Uruguay Round
(ANCAP, 3.May.2019) â The Uruguayan National Oil Company (ANCAP) and the Ministry of Industry, Energy and Mining (MIEM), have formally approved the new Regime for the Selection of Oil Operating […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) â Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue to develop its business and […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) â Petrobras announced that the Board of Directors, in a meeting held today, approved  new guidelines for the management of its asset portfolio. The guidelines are in line […]
New Reference Price For Jet A-1 Fuel In Uruguay
(Energy Analytics Institute, Aaron Simonsky, 4.Apr.2019) â Uruguay will establish a new reference price for its Jet A-1 fuel as part of an initiative to position Uruguay on par with […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) â OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and […]
ANCAP Interested In Hydrogen For Transport, Marta Jara Says
(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2018) â Uruguay is studying possibilities with hydrogen. âANCAP is interested in the hydrogen option, because it is an ideal energy for transport, and which […]
Uruguayâs Energy Matrix And Renewable Energies
âUruguayâs energy matrix is one of the most outstanding in the world due to the variety of renewable energiesâ — ANCAP President Marta Jara.
Uruguay Sets Deadline To Seek Renewable Energy Fiscal Incentives
(Energy Analytics Institute, Ian Silverman, 13.Oct.2018) â Companies seeking to benefit from renewable energy tax benefits will have until October 24, 2018 to submit details related to their projects. Companies […]
Uruguay Judge Orders ANCAP to Pay $5.6 Mln to Exor Internacional Ltda.
(Energy Analytics Institute, Ian Silverman, 28.Sep.2018) â Uruguayan Judge Carlos Aguirre ordered ANCAP to pay a fine of $5.6 million plus interest to Exor Internacional Ltda. as a result of […]
Uruguay: A Clean Energy Leader
(Uruguay Investment Agency, 10.Sep.2018) â Uruguay stands out in Latin America for its high living standards and social and political stability. Today it is also a world leader in renewable […]
PDVSA Leaves Argentine Gas Station to Fend for Itself
(Reuters, Luc Cohen, 15.Aug.2018) â As Venezuelaâs state-owned oil company PDVSA saw its finances devastated by low oil prices and mismanagement, it funneled millions of dollars to Petrolera del Conosur […]
Uruguay Electric Grid Reaches Nearly All Citizens
(Energy Analytics Institute, Jared Yamin, 23.Jul.2018) â Uruguay is one of the countries in the Latin American region with one of the highest connection of residents to a national energy […]
FDI in LAC Region Falls for Third Straight Year
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, reported the Economic Commission for […]
ANCAP and ALUR Combined $160 Mln Credits
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Two resolutions from the Uruguayan government late last month will authorize Ancap and ALUR to access credits for up to $160 million. In […]
Atlas to Invest $114.4 Mln in Uruguay
(Energy Analytics Institute, Ian Silverman, 4.Jul.2018) â U.S. company Atlas Renewable Energy plans investments of $114.4 million in Uruguay. Atlas announced closing of long-term financing for its two solar plants: […]
Uruguay to Adopt Process for Offshore Oil Blocks
(Reuters, Luc Cohen, 15.Jun.2018) â Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to […]
Uruguay: Some Background On Oil Exploration
(Schuepbach Energy Uruguay â SEU, 30.Oct.2017) â The Norte Basin is part of a huge sedimentary basin called ParanĂĄ Basin in Brazil and Paraguay, and called Chaco-ParanĂĄ Basin in Argentina. […]
Argentina Interested in Buying Excess Gas from Punta De Sayago
(Energy Analytics Institute, Aaron Simonsky, 11.May.2016) â The government of Uruguay continues to move forward with agreements to secure markets for natural gas to come from its proposed regasification plant […]
Statoil Strengthens Its Position In Uruguay
(Statoil, 15.Feb.2016) â Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in […]
ANCAP Says Will Not Reduce Fuel Prices
(Energy Analytics Institute, Aaron Simonsky, 1.Apr.2015) â ANCAP will not reduce fuel prices in April due to the appreciation of the dollar. According to analysts, ANCAP has a margin of […]
Montevideo LNG Plant Ready by YE:16
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) â The LNG regasification plant (called âGNL del Plataâ in Spanish) in Montevideo, Uruguay is expected to be ready in November of 2016, reported […]
Worries Surround Montevideo LNG Plant
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2015) â Officials in Uruguay are worried about difficulties that have translated into delays at the Montevideo LNG regasification plant. âIts a very significant project […]
Venezuela Financial Scheme for Uruguayan Oil
(Energy Analytics Institute, Jared Yamin, 3.Mar.2015) â Venezuela announced a financing scheme for oil shipments to Uruguay, according to a decree revealed on March 2, 2015 in Venezuela’s Official Gazette […]
Uruguay Supporting Execution of 27 Projects
(Energy Analytics Institute, Ian Silverman, 13.Sep.2013) â The Uruguayan government is supporting execution of 27 electric projects in rural zones that will span 800 km. The cost of the projects […]
Combustible Prices to Increase in Uruguay
(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) â Uruguay’s ANCAP will increase the price of combustibles by an average 9.7%, reported the daily newspaper La Red 21. ***
Galp Energia Inks E&P Deal In Uruguay
(Galp Energia, 2.Sep.2010) â Galp Energia and its consortium partners Petrobras and YPF have signed today in Montevideo, an exploration and production agreement for the Uruguayan continental platform with Acap, […]