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MercoPress, en Español

Montevideo, December 22nd 2024 - 04:50 UTC

Tag: ANCAP

  • Friday, December 20th 2024 - 09:32 UTC

    Stipanicic resigns as president of Uruguay's Ancap

    “It is healthy to be able to close cycles when they come to an end,” Stipanicic said

    Alejandro Stipanicic's resignation Thursday as president of Uruguay's State-run oil company Ancap stirred up the political arena in Montevideo leading up to the transition towards the new government of President-elect Yamandú Orsi.

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  • Wednesday, December 18th 2024 - 09:37 UTC

    Uruguay: Ancap oil pipeline leak hits key road

    The pipeline between Punta del Este and Ancap's refinery was not pumping oil at the time of the incident

    Uruguay's State-run oil company Ancap reported Tuesday a leak in an oil pipeline around the Biarritz (kilometer 71) on Costa de Oro in the department (province) of Canelones. The spill reached the highway causing delays in vehicle circulation for a while as stains of oil and sand were removed.

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  • Tuesday, December 3rd 2024 - 08:53 UTC

    Uruguayan oil company Ancap in the red

    Ancap invested US$ 67 million in renewing the La Teja refinery, which accounted for part of the setback

    Uruguay's State-owned oil company Ancap posted losses above US$ 130 million that grew throughout 2024 resulting in a five-year deficit for which its board of directors hold unionists responsible, in addition to a technical stoppage at the La Teja refinery that lasted longer than expected.

  • Friday, June 7th 2024 - 09:47 UTC

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

    Foto: Mauricio Zina / adhocFOTOS

    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

    Ancap's Stipanicic insisted his company was not to blame

    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

    Ancap authorities also pointed out that US$ 127 million had been pledged by the bidders

    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

    The La Teja refinery will be shut down completely between September and December for 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

    If nothing unexpected happens, Uruguayan drivers will be spared an increase in the price of fuel next month

    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

    “The political decision is always in favor of the population and not in favor of ANCAP's or the State's finances,” Stipanicic stressed

    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

    Regarding supply after Tuesday's talks, “a couple of trucks should be arriving in the next few hours,” Charamelo explained.

    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.

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