(Editors at Energy Analytics Institute, 13.Jan.2025) â BMR Energy LLC completed its reorganization and divestiture plan. The company has ïŹnalized the sale of its British […]
Category: Jamaica
Jamaica energy
Trinidad and Tobago Energy Conference 23-25 January 2023
(Trinidad and Tobago Energy Chamber, 15.Dec.2022) â The Trinidad and Tobago Energy Conference takes place at the Hyatt Regency in Port of Spain from 23-25 […]
NRGBriefs: Caribbean Monthly Economic Report June 2022
(Energy Analytics Institute, 24.Jun.2022) â Energy briefs including economic details not limited to inflation reaching 11.2% y/y in 1Q:22 in the Cayman Islands, Hurricane Agatha […]
Cuba Exceeds Fuel Import Budget: April 2022 Caribbean Monthly Economic Report
(Energy Analytics Institute, 25.Apr.2022) â Cuba exceeded its fuel import budget in the first quarter due to higher fuel prices while Trinidad & Tobago is […]
Shell Among Companies Chasing Ecuadorian Oil After Russia Sanctions
(Bloomberg, 16.Mar.2022) â U.S. refiners Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plcâs trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian […]
Geophyxs’s Search for Gold Continues
(Jamaica Observer, 2.Jan.2022) â Mineral exploration company Geophysx Jamaica Limited following preliminary findings from a series of exploration activities done locally has moved to roll-out phase […]
Record Gas Prices in Jamaica
(Jamaica Observer, 30.Dec.2021) â Pump prices touch a new record today after jumping by the most in two months. Petrojam on Wednesday hiked the price […]
Banks Express Belief in Caribbean Renewable Energy Future
(Jamaica Observer, 29.Dec.2021) â Even with Jamaica not having any new request for proposal (RFP) since early 2016, more banks and other lenders have begun […]
NRGBriefs: CFIUS Approves Pemexâs Deer Park Refinery Purchase
(Energy Analytics Institute, 22.Dec.2021) â Energy briefs including Chile being chosen for the 2nd consecutive yr as the most attractive emerging mkt to invest in […]
West Indies Petroleum Wins in Lime Tree Refinery Auction
(Jamaica Observer, 22.Dec.2021) â News portal, the Virgin Islands Consortium, reports that Jamaica-based West Indies Petroleum (WIP) won an auction for the Lime Tree Bay Refinery […]
NRGBriefs: Renewable Energy Ops In The Caribbean
(Energy Analytics Institute, 15.Oct.2021) â Energy briefs including details of four renewable energy-exporting opportunities in the Caribbean in Barbados, Jamaica, Trinidad and Tobago and Guyana; […]
Sagicor Group Jamaica Finances Leaseback
(Sagicor, 17.Jun.2021) â Sagicor Group Jamaica will be structuring a $285mn sale and leaseback of the combined heat and power plant in Clarendon owned by […]
Petrol Retailers Warn Of ‘Mobile’ Gas Stations
(Jamaica Observer, 29.Jul.2020) â The Jamaica Gasoline Retailers Association (JGRA) on Monday last warned a parliamentary committee reviewing the proposed Occupational Safety & Health (OSH) […]
Tullow Writes Off Jamaican Oil Exploration Licence
(Jamaica Gleaner, 20.Mar.2020) â Tullow Oil Plc has fully written off its oil exploration licence for the Walton-Morant Basin offshore Jamaica, on which it has […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) â It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
Ad Hoc PDVSA Board Suggest Jamaica Suspending Petrojam Takeover
(Energy Analytics Institute, Piero Stewart, 16.Jun.2019) â The ad hoc administrative board of PetrĂłleos de Venezuela (PDVSA) appointed by interim Venezuelan president Juan GuaidĂł requested […]
JPS To Get Tax Break On Lithium Batteries
(Jamaica Gleaner, Neville Graham, 9.Jun.2019) â Light and power supplier Jamaica Public Service Company (JPS) is in line for a tax break as it follows […]
LSC Expanding Rockfort Lubricants Facility
(Jamaica Gleaner, 5.Jun.2019) â Lubricating Specialties Company (LSC) is adding another 500,000 gallons in capacity at its facility in Rockfort, Kingston, for which it already […]
Wigton Windfarm Shares To Be Listed Soon On Jamaica Stock Exchange (JSE)
(Jamaica Observer, Balford Henry, 17.May.2019) â The Petroleum Corporation of Jamaica (PCJ) says that the Wigton Windfarm IPO shares will be listed and begin trading […]
SOL Petroleum To Shutter Businesses In Jamaica
(Jamaica Observer, Karena Bennett, 8.May.2019) â SOL Petroleum Jamaica Limited will shutter its lubricant and bunkering business across the island, effective June 30. The announcement […]
Wigton Has Saved Jamaica $54 Million In Oil Imports
(JIS News, Serena Grant, 15.Apr.2019) â Minister of Science, Energy and Technology, Hon. Fayval Williams, says that Wigton Windfarm Limited has saved the Government expenditure […]
JPS Invests $25m In Storage Facility To Address Power Fluctuations
(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) â Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) â OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on […]
Wigton Windfarm To List On Jamaica Stock Exchange
(JIS, 3.Dec.2018) â The Wigton Windfarm (WWF) initial public offering (IPO) on the Jamaica Stock Exchange (JSE) is expected for March 2019. General Manager of […]
Responding To Disruptive Trends In Energy
(Jamaica Observer, 19.Nov.2018) â Energy storage, distributed energy, renewables and electric vehicles powered by a smart grid are among the main disruptive trends in the […]
New Fortress Energy planning Nasdaq listing
(Jamaica Gleaner, Steven Jackson, 14.Nov.2018) â New Fortress Energy, the American company that develops gas infrastructures and supplies natural gas to Jamaica, has considered listing […]
German Energy Firm To Launch IPO In Jamaica
(Jamaica Gleaner, Neville Graham, 14.Nov.2018) â A foreign investor in Jamaica’s largest solar farm under construction in Westmoreland will be floating shares on the Jamaica […]
JPS Promises Improved Power Supply After $116 Million Grid Investment
(Jamaica Gleaner,11.Nov.2018) â The Jamaica Public Service Company (JPS) is promising a more reliable power supply with an improved and more reliable grid in which […]
JPSâs Sheree Martin Prepares To Go Off JPS Grid
(Jamaica Observer, 11. Nov.2018) â Sheree Martin, JPSâ senior vice-president (SVP) for business development, has announced her resignation from the energy company, effective November 27, […]
Jamaica’s Oil Search Could Suffer Due to Climate Change, Warns Expert
(RJR News, 9.Oct.2018) â There is an ominous warning about the possible economic fallout for Jamaica due to changes in the climate, as outlined in […]
GB-Texaco Unveils Cashless, Cardless Fuel Payment System
(Jamaica Gleaner, Neville Graham, 28.Sep.2018) â GB Energy Jamaica, the petroleum marketing company that operates the Texaco fuel stations, was to unveil a new automated […]
Jamaica’s Economy Gets $5 Bln From PetroCaribe Over 13 Years
(CMC, 12.Sep.2018) â Jamaica says it has benefitted from projects estimated at US$5 billion under the Venezuela-led PetroCaribe initiative over the past 13 years. CEO […]
Jamaica: Gas Prices Down $0.72, Diesel Down $0.35
(Jamaica Gleaner, 12.Sep.2018) â Gas prices are to go down by $0.72 tomorrow Thursday, September 13 The state-owned oil refinery, Petrojam, says E-10 87 will sell […]
Jamaica Enters New Programme with Energy Agency
(Jamaica Gleaner, McPherse Thompson, 9.Aug.2018) â Jamaica signed a new agreement with the International Atomic Energy Agency, IAEA, which will see the application of atomic […]
Wheatley Falls: Latest Casualty of Energy Scandal
(Jamaica Gleaner, Edmond Campbell, 31.Jul.2018) â The ongoing scandal that began at the state-owned oil refinery Petrojam has claimed its latest casualty with the resignation […]
Hold It Right There, Petrotrin!
(The Sterling Report, Yanique Leiba-Ebanks, 29.Jul.2018) â Petroleum Company of Trinidad and Tobago Ltd (affectionately known as Petrotrin) is the state-owned oil company in Trinidad […]
10MW LNG Power Plant for The Nest
(Jamaica Gleaner, Steven Jackson, 27.Jul.2018) â A tripartite deal is in the works for the development of a power plant at CB Group’s expansive property […]
Petroleum Geology of Mexico and the Northern Caribbean
(The Geological Society, 25.Jul.2018) â The Gulf of Mexico is a world class prolific hydrocarbon system. As a result of recent energy reform the Mexican […]
JUTC Hopes to Burn $3b Fuel Bill with LNG
(Jamaica Gleaner, Avia Collinder, 20.Jul.2018) â The LNG gas station to be developed by New Energy Fortress will have the capacity to fuel 25 buses […]
New Fortress Invests $400 Mln in Pilot Project
(Jamaica Observer, 15.Jul.2018) â New Fortress Energy announced on Friday a new partnership with Jamaica Urban Transit Company (JUTC) for the introduction of the first […]
FDI in LAC Region Falls for Third Straight Year
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, […]
PetroCaribe Fund to Flow into Government Coffers
(Jamaica Gleaner, 11.Jul.2018) â In a matter of months, the US$1.6 billion, or more than J$208 billion, now in the PetroCaribe Development Fund (PDF) is […]
Cabinet Removes Energy Portfolio Over Petrojam
(Jamaica Gleaner, 2.Jul.2018) â Dr Andrew Wheatley has been stripped of the energy portfolio as the government implements a raft of changes at the controversy-plagued […]
Petrojam Partner Knocks Contract Process
(Jamaica Gleaner, 27.Jun.2018) â Petrojam, the beleaguered government-controlled oil refinery, spent over $14 billion or 74 per cent of its domestic expenditure over a two-year […]
Jamaica Saves $230m Under Energy Efficiency
(JIS, 14.Jun.2018) â The Government has saved $230 million, to date, and reduced environmental emissions from the implementation of major programmes in energy efficiency, conservation […]
Jamaican Gas Prices Down by $0.21 per Litre
(Jamaica Gleaner, 13.Jun.2018) â Gas prices are to go down by $0.21 effective Thursday, June 14. The state-owned oil refinery, Petrojam, says E-10 87 will […]
Petrojam Responds to Corruption Claims
(The Jamaica Observer, 9.Jun.2018) â Government sources told the Jamaica Observer they are awaiting a response from Venezuela on its offer to repurchase their 49 […]
Ramnarine Talks About Southern Caribbean Deepwater Industry
(Energy Analytics Institute, Ian Silverman, 31.May.2018) â Former Trinidad and Tobago Energy Minister Kevin Ramnarine will speak in Port of Spain about the regional deepwater […]