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MercoPress, en Español

Montevideo, April 3rd 2025 - 20:17 UTC

Tag: ANCAP

  • Saturday, November 19th 2016 - 08:52 UTC

    Fuel shortages feared in Uruguay due to lorry drivers' strike

    Lorry drivers strike raises concern over petrol supply in Uruguay

    The lorry drivers' strike already under way in Uruguay, which broke up as a conflict between freight carriers and the agriculture sectors, may have its impact on the distribution of car petrol, warns Mauro Borzzaconi of the trucking association.

  • Tuesday, November 15th 2016 - 09:40 UTC

    ANCAP's Carboclor sinks deeper, goes after sale or merger

    : Things going from bad to worse for ANCAP's Carboclor in Argentina

    Losses increase from US $ 9 million by mid year to US $ 14 million in September due to contraction of domestic demand, the fall in international prices and the percentage of ethanol cut in gasolines.Carboclor, ANCAP's subsidiary in Argentina, shows no sign of recovery in its most recent balancesheet as production fell below “normal levels” caused by financial shortcomings which in turn led to a decrease in the inflow of raw materials to the refinery in Campana in the province of Buenos Aires. Shutting down the plant for 25 days is being considered as a partial solution.

  • Friday, April 1st 2016 - 06:07 UTC

    Total/Exxon/Mobil drilling offshore Uruguay a record-deep well; first since 1976

    The well was spud at the “Raya/1” prospect in Block 14 by the Maersk/Venturer drilling ship

    A consortium led by France's Total and U.S.-based super major ExxonMobil Corp started this week drilling for oil off Uruguay, Industry, Energy and Mining Minister Carolina Cosse announced. Uruguay is totally reliant on imports for its oil and has for decades tried to discover possible hydrocarbons resources both in the continent and offshore.

  • Thursday, December 3rd 2015 - 07:55 UTC

    Total contracts Maersk drillship to spud well offshore Uruguay next March

    ”Maersk Drilling is very pleased with being selected by Total to drill their first exploration well offshore Uruguay,” said Claus V. Hemmingsen from Maersk

    Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major France's Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay.

  • Wednesday, October 7th 2015 - 02:11 UTC

    Japan's Mitsui Lines takes charge of re-gasifying unit project in Uruguay

    In October 2013, MOL signed a 20-year charter contract for an FSRU in the port of Montevideo, with GNLS, which was entrusted with the construction

    Japan's Mitsui O.S.K. Lines, Ltd. announced on Wednesday that the company has reached a basic agreement with Gas Sayago, a joint venture between Uruguay’s state oil company ANCAP and state power company UTE, to continue the floating storage and re-gasification unit (FSRU) project led by Gas Sayago and being built in Montevideo.

  • Tuesday, August 4th 2015 - 10:04 UTC

    BP halts exploration activities off Uruguay and targets lower-risk projects

    BP confirmed its exit from Uruguay, three years after it won rights to explore an area of almost 26,000 sq km in waters ranging from 50 to 2,000 meters deep.

    British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritises lower-risk projects at a time of low international prices, an official at Uruguay's state-owned oil company Ancap said on Monday.

  • Wednesday, July 29th 2015 - 07:10 UTC

    Uruguay announces controversial massive infrastructure investment program

    President Vazquez and his cabinet during the announcement of the infrastructure investment plan for the next four years

    Uruguayan President Tabare Vazquez announced on Monday a controversial plan for 12.37 billion in infrastructure investment over the next four years. Two-thirds of the investment will come from the government, Vazquez told a news conference. Where the other third was to come was not confirmed.

  • Friday, March 27th 2015 - 07:52 UTC

    International summit on oil and gas potential in Uruguay next June

    “The Summit will highlight the country’s activities, unveil its potential and facilitate much needed networking for the industry”, said Hector de Santa Ana

    Uruguay's oil and gas Government owned company, ANCAP, will join senior level delegation from international oil and gas operators on 11-12 June 2015 in Montevideo to analyze the potential of a region that has experienced significant advances since 2009.

  • Friday, December 26th 2014 - 00:59 UTC

    Uruguay's Economy Minister skeptical on ARU study

    Economy Minister Mario Bergara finds it hard to bring down inflation.

    Consumers could have saved as much as US$ 167 million had fuel been imported directly instead of oil being refined by ANCAP. Mario Bergara deems it to be “overblown”

  • Friday, July 25th 2014 - 06:26 UTC

    Uruguay oil and gas summit schedules for next November

    This Summit follows the announcement by Ancap of the third oil bidding round, the Ronda Uruguay III

    Global Summits Organizer IRN and Grupo BG de Eventos will be launching the inaugural Uruguay Oil & Gas 2014 Summit which will take place on 17th-18th November in the capital of Uruguay, Montevideo. This Summit follows the announcement of the third oil bidding round, the Ronda Uruguay III.