ANCAP (Uruguay)
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ANCAP (Uruguay)
ANCAP (Administración Nacional de Combustibles, Alcoholes y Portland, English: "National Administration of Fuels, Alcohols and Portland") is a state-owned company in Uruguay. It is involved in the production of petroleum products, Portland cement and alcoholic beverages. It operates Uruguay's single oil refinery at La Teja with a capacity of per day. ANCAP has a long-term corporate credit rating "BB-" with positive outlook by Standard & Poor's. In December 2008, ANCAP launched Uruguay's first offshore licensing round, due for completion June 2009. It offered 11 blocks for oil and gas exploration covering areas ranging from each, with water depths ranging from . In addition to Uruguay, ANCAP operates in Argentina where it owns Petrolera del Cono Sur, operating a petrol station network. In 2017, ANCAP and UTE opened an electric vehicle network connecting Colonia del Sacramento, Rosario, Puntas de Valdez, Montevideo, San Luis and Punta del Este, with stations eve ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Puntas De Valdez
Puntas de Valdez is a village in the San José Department of southern Uruguay. Location The village is located on Route 1, about west of its intersection with Route 45. Its distance from the centre of Montevideo is . The headwaters The headwaters of a river or stream is the farthest place in that river or stream from its estuary or downstream confluence with another river, as measured along the course of the river. It is also known as a river's source. Definition The ... of Arroyo Valdez lie west of the village. History On 14 November 1974, its status was elevated to "Pueblo" (village) by the Act of Ley Nº 14.296. Population In 2011 Puntas de Valdez had a population of 1,491. Source: ''Instituto Nacional de Estadística de Uruguay'' References External linksINE map of Puntas de Valdez {{SanJoséUY-geo-stub Populated places in the San José Department ...
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Energy Companies Established In 1931
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has m ...
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Conglomerate Companies Established In 1931
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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National Oil And Gas Companies
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ...
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Companies Based In Montevideo
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Economy Of Montevideo
Montevideo () is the capital and largest city of Uruguay. According to the 2011 census, the city proper has a population of 1,319,108 (about one-third of the country's total population) in an area of . Montevideo is situated on the southern coast of the country, on the northeastern bank of the Río de la Plata. The city was established in 1724 by a Spanish soldier, Bruno Mauricio de Zabala, as a strategic move amidst the Spanish-Portuguese dispute over the platine region. It was also under brief British rule in 1807, but eventually the city was retaken by Spanish criollos who defeated the British invasions of the River Plate. Montevideo is the seat of the administrative headquarters of Mercosur and ALADI, Latin America's leading trade blocs, a position that entailed comparisons to the role of Brussels in Europe. The 2019 Mercer's report on quality of life, rated Montevideo first in Latin America, a rank the city has consistently held since 2005. , Montevideo was the 19th l ...
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Centro, Montevideo
Centro is the inner city ''barrio'' (neighbourhood or district) of Montevideo, Uruguay. Its main avenue is 18 de Julio Avenue. It is delimited by La Paz Str. to the North, Florida Str. (North of 18 de julio Av.) and Andes Str. (South of 18 de Julio Av.) to the West, Canelones Str. to the South and Barrios Amorin Str. to the East. It used to be the main commercial venue of the city, but after the opening of the first malls, many small stores started closing down. Now, that process is being reverted and the area is coming back to life. History Because of the military origins of Montevideo, it had been forbidden to build anything permanent in the area outside the walls of the city up to the time that Uruguay gained Independence. That area was called Campo de Marte or ''ejido'' (common). Around 1750, the colonial ''Gobernación Política y Militar de Montevideo'' traced the limits of the forbidden area at "a canonball's reach" from the city's fortifications by a line or "''cordón''". ...
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Oil And Gas Companies Of Uruguay
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaio ...
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Government-owned Companies Of Uruguay
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Raúl Fernando Sendic Rodríguez
Raúl Fernando Sendic Rodríguez (born 29 August 1962) is a Uruguayan politician. He was the Vice President of Uruguay from 1 March 2015 to 13 September 2017. Family background and early life Sendic was born in Paysandú, Uruguay in 1962; his family background was strongly politically ideological. Sendic's mother was Nilda Rodríguez and his father was Raúl Sendic, the leader of the Tupamaros- National Liberation Movement, an armed Marxist group in Uruguay. Sendic grew up in Uruguay, visiting his father in prison, then moved to Cuba from 1980 to 1984, and traveled to Switzerland, France, and Brazil before — in a pattern followed by many exiles from the civilian-military administration of 1973 to 1985 — returning to Uruguay and continuing to be closely identified with exiles whose ideas were forged during their political conflicts with the military and subsequent exile. Education Sendic has declared that he studied medicine at the University of Havana, in Cuba, for five ...
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Petroleum In Uruguay
Uruguay is a petroleum- importing country, and most of the industry is controlled by the state owned industry ANCAP. ANCAP operates both the only refinery in Uruguay, La Teja Refinery and the distribution of gas within the country. History For decades, Uruguay has been searching for petroleum reserves on its territory. One of the first such attempts was in 1957, when ANCAP drilled in the north of the country. In 2012, Uruguay engaged on a bidding process for the exploration of hydrocarbons. The following companies are interested: BP, BG Group, Total S.A., Bahamas Petroleum Company and Tullow Oil. Exploration efforts were made in offshore platforms, with an investment of over $1.6 billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i. ... in 3 years. Issues Leaded gasolin ...
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