Tag: ANCAP

• Friday, June 7th 2024 - 09:47 UTC

  Uruguay's Ancap posts US$ 48 million losses in three months

  

  Uruguay's state-owned oil company Ancap reported this week losses worth US$ 48 million in the last three months after needing to import fuel to meet local demand following the shutdown of the La Teja refinery for maintenance work starting Sept. 4, 2023.

• Monday, November 13th 2023 - 09:44 UTC

  Fuel shortages expected in Uruguay amid distribution conflict

  

  The guild grouping Uruguay's fuel distributors announced a 72-hour strike starting Monday which could lead to shortages in the South American country, it was reported in Montevideo. The measure was adopted after changes in the Law of Urgent Consideration (LUC) regarding fuel distribution regulation costs affected the activity, it was explained.

• Monday, September 25th 2023 - 09:55 UTC

  Uruguay's Ancap awards all offshore exploration licenses open for bids

  

  Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.

• Friday, February 3rd 2023 - 10:14 UTC

  Uruguay's Ancap to lose US$ 72m during refinery maintenance

  

  Uruguay's state-run oil company Ancap will lose US$ 72 million due to the remodeling of the La Teja Refinery to be carried out between September and December this year, during which time fuel will need to be imported, it was reported in Montevideo.

• Friday, January 20th 2023 - 18:30 UTC

  Ancap announces e-vehicles chargers to be installed in Uruguayan interior

  

  Uruguay's state-run oil company Ancap plans to set up a charging station for electric vehicles in Paysandú, right beside the international bridge leading to Colón in the Argentine province of Entre Ríos, in a move to promote sustainable international travel in the near future, according to the website Surtidores citing company Vice President Diego Durand.

• Monday, December 19th 2022 - 08:10 UTC

  Uruguay: ANCAP's boss foresees price drop at pumps

  

  Uruguay's state-run oil company ANCAP President Alejandro Stipanicic said the price of fuel at pumps should be adjusted downward shortly after such a trend has been registered for several weeks in the international market.

• Tuesday, November 1st 2022 - 22:10 UTC

  Ancap workers resume jet fuel supply at Uruguayan airports

  

  Fancap union leaders representing workers of Uruguay's state-run oil company Ancap Tuesday agreed to lift the strike they were staging following a meeting early Tuesday at the Labor Minister (MTSS) in Montevideo, it was announced.

• Tuesday, November 1st 2022 - 10:19 UTC

  Amid strike, Uruguay's Ancap secures jet fuel supply through imports

  

  Uruguay's state-run oil company has imported jet fuel from Argentina to guarantee a normal supply to keep the international airports of Montevideo and Punta del Este operational amid a workers' strike, it was reported Monday.

• Saturday, August 20th 2022 - 09:37 UTC

  Uruguay's Ancap profitable despite adjusting prices below import parity

  

  Uruguay's state-run oil company Ancap yielded profits of US$128 million for the first semester of 2022 despite adjusting prices below the import parity price (IPP), it was announced Friday in Montevideo.

• Saturday, June 25th 2022 - 11:08 UTC

  Uruguay is back in the oil exploration business; three companies awarded four off shore blocks

  

  Uruguay's oil refining and fuel distribution company Ancap announced on Friday that three blocks and exploration licenses in the country's maritime shelf had been awarded. Two of them were acquired by Shell and the third by Apache Corporation, including an exploratory well, in the framework of the Open Uruguay Round.