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...
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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 an asset with extremely low...
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...
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...
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...
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 &...
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...
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 prices, online media El Pais...
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 the Selection of Oil Operating...
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 position Uruguay on par with...
LatAmNRG Argentina Briefs: Shell’s Rooney On Vaca Muerta, YPF Foundation
(Energy Analytics Institute, Aaron Simonsky, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on Shell Argentina’s Sean Rooney comments on the productivity of Vaca Muerta, YPFB Foundation training in...
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 energy for transport, and which...
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 Ltda. as a result of...
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 up to $160 million. In...
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, ANCAP has a margin of...
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, 2015 in Venezuela's Official Gazette...
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 21. ***
Total Awarded License In Uruguay
(Total, 3.May.2012) — Total has been awarded an exploration license for Uruguay’s offshore Block 14, following the second bidding round held by the national company, ANCAP. This license remains subject...