Alejandro Stipanicic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here’s a roundup of the latest E&P headlines, including approval of an amended development plan for the Hebron Field and new decommissioning rules.

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.

ANCAP fails to find buyer for Cementos del Plata

Uruguayan President Luis Lacalle Pou Thursday announced that US$ 2 billion will be invested in the construction of a green hydrogen plant in Paysandú. The work to begin this year will employ between 1,500 and 3,200 jobs and the plant itself will offer some 300 permanent jobs. Another US$ 2 billion will be invested in renewable energy projects.

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.