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.
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.
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.
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.
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.
Uruguay's state-run oil company Ancap yielded profits of US$128 million for the first semester of 2022 despite adjusting prices below the import parity price (IPP), it was announced Friday in Montevideo.
Uruguay's oil refining and fuel distribution company Ancap announced on Friday that three blocks and exploration licenses in the country's maritime shelf had been awarded. Two of them were acquired by Shell and the third by Apache Corporation, including an exploratory well, in the framework of the Open Uruguay Round.
Gasoline retailers in Uruguay have asked the Government of President Luis Lacalle Pou to put on hold “for a few more days” the increase in the price of fuel reportedly to be announced shortly.
Uruguay's state-run oil company ANCAP Tuesday announced that as a result of a power cut at the La Teja refinery coupled with unionist protests, the company had been forced to activate an emergency import from Argentina of 60 lorries of cooking gas in addition to two shipments to secure supply.
After several adjustments in the price of fuel, Uruguay's state-run oil company ANCAP reaped profits worth US$ 88 million, authorities from the petrol supplier reported Tuesday in Montevideo.