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 […]
Tag: ANCAP
![EAI Southern Cone NRG Dashboard 4Q:24 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/09/plataforma-petrobras-1140x694-1.jpg)
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, […]
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 […]
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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 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 […]
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 […]
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 […]
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 […]
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 […]
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 reported 9 May 2019, citing unnamed sources from within the state entity. It will be difficult to avoid increasing fuel […]
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 Companies for the Exploration and Exploitation of Hydrocarbons in onshore and offshore areas of RepĂşblica Oriental del Uruguay: Open Uruguay […]
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 regional airports. Authorities from ANCAP and Uruguay’s Ministry of Industry confirmed that from 29 April 2019 that an adjustment will […]
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 can be managed with an infrastructure similar to that of other liquid fuels,” reported online media LaRed21, citing ANCAP President […]
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 a “patrimonial trial related to administrative responsibility,” reported the daily LaRed21. The Exor payment relates to a debt maintained with […]
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 2018, Uruguay’s state oil company Ancap plans to overcome its $136 million financial indebtedness by renewing it for an amount […]
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 8 percent in terms of the price of fuels since they are referenced to the price of crude oil, reported […]
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 newspaper. Over the short-term 90 days, the payments for the shipments generate interest at a flat 2 percent. Over the […]
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 to further approval by Uruguayan authorities. Block 14 has a surface area of 6,690 km² and is located in the […]