Tag: ANCAP

• Monday, August 23rd 2021 - 09:10 UTC

  Uruguay: Corruption allegations in failed pet project of former president Mujica

  

  A major corruption scandal is unfolding in Uruguay with a pet project from former president Jose Mujica, which he tried to implement during his mandate, 2010/2015, but failed with accumulated losses of at least US$ 300 million.

• Saturday, July 31st 2021 - 10:00 UTC

  Gasoline goes up yet again in Uruguay

  

  The Government of Uruguay Friday announced an increase in the price of fuel as of July 31. It is the third rise in less than two months.

• Wednesday, July 28th 2021 - 09:40 UTC

  Uruguayans need to “get used” to price of petrol fluctuating, Energy Deputy Minister says

  

  Uruguay's Deputy Minister of Industry, Energy and Mining, Walter Verri hinted a new hike in the price of petrol was coming up in August and warned people will need to get used to such a mercurial behavior

• Friday, May 21st 2021 - 08:43 UTC

  Former Uruguayan VP gets suspended jail sentence

  

  Former Uruguayan Vicepresident Raúl Sendic Rodríguez was handed down an 18-month suspended jail sentence Thursday for abuse of office and embezzlement.

• Thursday, January 14th 2021 - 09:54 UTC

  Uruguay signs contract to resume offshore seismic surveying for oil and gas

  

  Norwegian oil and gas exploration seismic data company PGS has signed an agreement with Uruguay's state oil company ANCAP to reprocess over 11 000 km of existing 2D lines of various vintages, applying the latest seismic imaging techniques.

• Thursday, September 19th 2019 - 22:13 UTC

  Ancap loses lawsuit worth over 10 million dollars to Petrobras and Axion

  

  Uruguay's oil and energy Ancap must pay US $ 10 million to fuel distributors Petrobras and Axion after losing a 2017 lawsuit filed when the plaintiffs saw their profit margins narrowed by local regulations, the Montevideo El Observador newspaper reported.

• Thursday, July 18th 2019 - 12:14 UTC

  Montevideo gas workers lift strike after government's announcements

  

  As the Uruguayan state has vowed to take over the administration of departing Montevideo cooking gas suppliers Montevideo Gas and Conecta and jobs have been secured, the UOEGAS workers' union has agreed to end the strike, starting this Friday.

• Friday, October 26th 2018 - 11:08 UTC

  Uruguay has no knowledge of lawsuit over PLUNA, says Minister Rossi

  

  Uruguay's government knows nothing about a lawsuit from a US investment fund for the bankruptcy of the flag airline PLUNA, Transport Minister Víctor Rossi explained Wednesday.

• Tuesday, January 2nd 2018 - 07:27 UTC

  New Year in Uruguay begins with a raft of goods and services price increases

  

  New Year has taken off in Uruguay with a raft of utilities' rates increases which includes power, fuels, drinking water, telecommunications, urban bus fares, plus extra taxes on tobacco and gambling. Inflation in the twelve months to November was 6.30%.

• Saturday, October 21st 2017 - 07:30 UTC

  Uruguay government announces presence of hydrocarbons in an exploratory well

  

  The Uruguayan government announced on Friday the presence of hydrocarbons in the north west of the country, in the framework of exploratory drilling by US based Schuepbach Energy. The discovery took place in the county of Paysandu, some 400kms north of the capital Montevideo.