![Touchstone’s YE:24 1P Reserves Fall 14% Compared to YE:23 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/trinidad-cascadura-1-source-touchstone.jpg)
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.Mar.2025) — Touchstone Exploration Inc. said its gross 1P reserves reached 29,070 thousand barrels of oil equivalent (Mboe) in 2024, down 14% compared to 2023, while its gross 2P reserves reached 50,063 Mboe in 2024, down 26% compared to 2023. Touchstone said […]
Category: Trinidad and Tobago
Trinidad and Tobago energy
Venezuela Flared 46% of its 3,895 MMcf/d of Natural Gas Production in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), flared 46% of its natural gas production of 3,895 million cubic feet per day (MMcf/d) in 2024, according to details provided by ChemStrategy. Another 46% […]
Major O&G Cos. Paid $7.4bn to Trinidad and Tobago Gov’t Between 2015-2022
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) — Major oil and gas companies in Trinidad and Tobago — BPTT, Shell plc, EOG Resources, BHP Billiton/ Woodside Energy and The National Gas Company of Trinidad and Tobago (NGC) — paid $7.4bn to the government of the twin-island nation between […]
Trinidad Registered 1,592 Oil Spills Between 2016-Oct.2024
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) — Trinidad and Tobago reported 250 oil spills between Jan.-Oct. 2024 and between 2016 and Oct. 2024 the twin-island nation experienced a total of 1,592 oil spills, with 73.68% transpiring on land. The areas most affected onshore were Forest Reserve/Fyzabad, Los […]
Trinidad Energy Minister Says Offshore Wind Key Driver Towards Green Hydrogen Economy
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Feb.2025) — Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young said offshore wind has been identified as the key driver for the twin-island country’s future green hydrogen economy. “Trinidad and Tobago stands ready to catalyze our vast global potential […]
EAI Reveals 2025 Editorial Calendar and SPAD Opportunities
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — Energy Analytics Institute (EAI), formerly LatinPetroleum.com, revealed its editorial calendar for 2025, which offers sponsorship and advertising (SPAD) opportunities to companies interested in the energy sectors in the Latin America and Caribbean (LAC) region in particular and the global energy sectors […]
Trinidad’s MEEI Awards PSCs to EOG for NCMA 4(a) and Lower Reverse L
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Jan.2025) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) awarded Blocks NCMA 4(a) and Lower Reverse L to Houston-based EOG Resources Limited. “EOG continues to be very important to the fabric of the energy sector here in Trinidad and Tobago. […]
Woodside Reports 3.6% Rise in Production in 2024 Driven by Sangomar Offshore Senegal
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 22.Jan.2025) — Woodside Energy reported record full-year production of 194 million barrels of oil equivalent or MMboe (530 Mboe/d) in 2024, at the top end of the Australian company’s production guidance range. This is up 3.6% compared to 187 MMboe (513 Mboe/d) […]
Commentary: Trinidad Green’s Hydrogen Economy Roadmap
(Pietro D. Pitts, Energy Analytics Institute, 5.Jan.2025) — Trinidad and Tobago’s long-term roadmap for a green hydrogen economy includes establishment of a green hydrogen market in the twin-island Caribbean country. This, as the government recognizes the importance of creating necessary enablers through regulations, policies and incentives that will support the […]
LatAm NRG Heard: Keith Rowley Exit, Venture Global IPO
(Editors at Energy Analytics Institute, 3.Jan.2025) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 3 Jan. 2025. —Argentina: Gov’t of president Javier Milei giving full support to Venezuela’s Edmundo González Urrutia as he prepares his return to Venezuela on 10 Jan. 2025 after a […]
![EAI 4Q:24 NRG Prospector [Complimentary PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2025/03/EAI-4Q24-NRGProspector_h.png)
EAI 4Q:24 NRG Prospector [Complimentary PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” from Argentina, Brazil, Bolivia, Canada, Chile, Colombia, Ecuador, Guyana, Mexico, Suriname, Trinidad and Tobago, the US and Venezuela, as well as Asia, Europe and Africa […]
Caribbean LNG Exporter Trinidad Declares State of Emergency
(Piero Stewart, Energy Analytics Institute, 30.Dec.2024) — The government of the Caribbean country Trinidad and Tobago declared a state of public emergency. The notice from the Office of the Prime Minister dated 30 Dec. 2024 (attached below) warned that “the circumstances warranting the declaration of the public emergency are based […]
![EAI Andean NRG Dashboard 4Q:24 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2024/12/ONE-GUYANA-2089_LR_untitled_Photo-SBM-Offshore_SBM_Photo-Ivan-Blanco-Vilar-1024x683-1.jpg)
EAI Andean NRG Dashboard 4Q:24 [PDF Download]
(Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Andean NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and other updates from Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela, Trinidad and Tobago and the Caribbean. ____________________ By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights […]
Trinidad’s Atlantic LNG Train 1 Registers 46 Months Offline, According to MEEI Data
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Train 1 of the 4-train Atlantic LNG (ALNG) complex in Trinidad and Tobago has officially been offline now for 46 consecutive months, according to data in the most recent ‘Consolidated Monthly Bulletins’ published by the Ministry of Energy and Energy Industries (MEEI). The […]
IOCs Responsible for 95% of Trinidad’s Gas Output in Sep. 2024
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Natural gas production in Trinidad and Tobago averaged 2.497 billion cubic feet per day (Bcf/d) in Sep. 2024, down 7.2% sequentially compared to 2.691 Bcf/d in Aug. 2024, the Ministry of Energy and Energy Industries (MEEI) announced in its most recent ‘Consolidated Monthly […]
5 IOCs in Trinidad Responsible for 32% of Sep. 2024 Oil and Condensate Output
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Crude oil and condensate production in Trinidad and Tobago averaged 54,154 barrels per day (b/d) in Sep. 2024, up 5.6% sequentially compared to 51,260 b/d in Aug. 2024, the Ministry of Energy and Energy Industries (MEEI) announced in its most recent ‘Consolidated Monthly […]
MEEI Providing Unconditional Support Related to Rig 110 Accident and Incident Response
(Piero Stewart, Energy Analytics Institute, 23.Dec.2024) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) remains fully engaged in assisting both Well Services and Heritage Petroleum Company Limited provide 24-hour support in the aftermath of the accident at Rig 110 and the incident response protocols. MEEI permanent secretary […]
MEEI Releases Holding Statement Regarding Accident at Rig 110
(Piero Stewart, Energy Analytics Institute, 22.Dec.2024) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) received reports on 22 Dec. 2024 of an incident at Rig 110. Rig 110 is an asset operated by a private sector company, Well Services Limited, the MEEI said 22 Dec. 2024 in […]
Touchstone to Pay $23mn to Shell Trinidad for Central Block Assets
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 13.Dec.2024) — Touchstone Exploration Inc.‘s wholly owned subsidiary, Touchstone Exploration (Trinidad) Ltd. (TETL), entered into an agreement with BG Overseas Holdings Limited to acquire all the share capital of Shell Trinidad Central Block Limited (STCBL). Per the terms of the acquisition agreement, TETL […]
Trinidad Starts Onshore Wind Resource Assessment
(Energy Analytics Institute, 21.Nov.2024) — The Ministry of Energy and Energy Industries (MEEI) successfully deployed Light Detection and Ranging devices (LiDARs) to the areas of Orange Valley and Galeota, Trinidad and Tobago. These devices will measure wind data to international standards for a period of 12-18 months, under the renewable […]
bpTT Awarded NCMA 2 Exploration Block Offshore Trinidad
(Energy Analytics Institute, 19.Nov.2024) — bp has been awarded the NCMA 2 block offshore Trinidad & Tobago as part of the Shallow Water 2023/24 bid round that closed in May 2024. The NCMA 2 block is located approximately 30 miles off Trinidad’s north coast, bp announced 19 Nov. 2024 in […]
Touchstone Reports 3Q:24 Results (PDF Download)
(Touchstone, 13.Nov.2024) — Touchstone Exploration Inc. reported financial and operating results for the three and nine months ended 30 Sep. 2024 and updated 2024 guidance. Third Quarter 2024 Financial and Operating Highlights • Achieved average quarterly production of 5,211 boe/d (75% natural gas), a 54% increase relative to 3,391 boe/d […]
Touchstone Reports on Cascadura Test Well Results
(Energy Analytics Institute, 11.Nov.2024) — Touchstone Exploration Inc. announces the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. Highlights • Cascadura-2ST1 Well: during an extended 48-hour test, Cascadura-2ST1 produced an average rate of approximately 4,950 boe/d, consisting of 26.4 MMcf/d of natural gas and 547 b/d of NGLs. • Fluid Analysis for […]
Touchstone Executes Rio Claro Block License
(Energy Analytics Institute, 5.Nov.2024) — Touchstone Exploration Inc.‘s wholly owned Trinidadian subsidiary Primera Oil and Gas Limited (POGL) executed on 4 Nov. 2024 an Exploration and Production (Public Petroleum Rights) license for the Rio Claro block. The Rio Claro License has been formally entered into by POGL, the Government of […]
Touchstone Initiates Output at Cascadura C Well Pad in Trinidad
(Energy Analytics Institute, 4.Nov.2024) — Touchstone Exploration Inc. initiated production at the Cascadura C well pad onshore Trinidad and Tobago. Touchstone has safely commissioned the flowline connecting our Cascadura C surface location to the Cascadura natural gas processing plant, which ties in our Cascadura-2ST1 and Cascadura-3ST1 wells, Touchstone announced 4 […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024
(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached 740.8 Mb/d in Sep. 2024, up 14.7% y-o-y, while gas production reached 147.1 MMcm/d, up 2.9% y-o-y, the Secretariat of Energy said. —Argentina: Argentine gas […]
MidOcean Completes Purchase of 15% Interest in Peru LNG from Hunt Oil
(Energy Analytics Institute, 24.Oct.2024) — MidOcean Energy, formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15% interest in Peru LNG (PLNG) from Hunt Oil Company. MidOcean’s interest in PLNG now stands at 35%, while Hunt will remain the operator of PLNG, […]
Mento Platform Nears Sailaway
(Energy Analytics Institute, 23.Oct.2024) — Trinidad and Tobago Prime Minister (Acting) and Minister of Energy and Energy Industries, Stuart Young, toured the Mento platform at the TOFCO fabrication yard on 23 Oct. 2024. Young toured the facility accompanied by executives from EOG, bpTT and TOFCO including George Vieira, Managing Director, […]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 18.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 Oct. 2024. —Brazil: TotalEnergies will divest its fuel distribution activities in Brazil to the Brazilian co. SIM Distribuidora, the French co. said. —Cuba: Cuba’s electric co. La Unión Eléctrica, confirmed that […]
Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]
(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up of Sangomar offshore Senegal, increased uptime across operated assets including 99.9% LNG reliability at Pluto and increased seasonal domestic gas demand. Woodside narrowed its full- […]
Preliminary Work on Dragon Gas Project Begins
PORT OF SPAIN, TRINIDAD AND TOBAGO (MEEI, 14.Oct.2024) — On 11 Oct. 2024, Trinidad and Tobago’s Prime Minister Keith C. Rowley and Ministry of Energy and Energy Industries (MEEI) head Stuart R. Young, along with representatives from Shell and the National Gas Company (NGC) visited the Dona Jose 2 vessel […]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 11.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 11 Oct. 2024. —Argentina: YPF S.A. continues to search the world over for potential partners to enter into the Argentina LNG project to be domiciled in Punta Colorada, execs. w/ the state […]
Trinidad’s Gas Output Averaged 2.36 Bcf/d in Jul. 2024
(Energy Analytics Institute, 9.Oct.2024) — The production of natural gas in the twin-island nation of Trinidad and Tobago averaged 2.36 Bcf/d in Jul. 2024, according to the most recent data published by the Ministry of Energy and Energy Industries (MEEI). BPTT was the largest gas producer with production of 1.1 […]
MEEI Grants PSC for Block Modified U (C) to BG
(MEEI, 30.Sep.2024) — The Ministry of Energy and Energy Industries (MEEI) said a negotiated Production Sharing Contract (PSC) for Block Modified U (c ) has been signed between the Trinidad and Tobago government and the successful bidder, BG International Limited (BGI), a subsidiary of Shell. The signing took place on […]
ConocoPhillips Gets Judge to Approve Seizing of Payments to PDVSA
(Reuters, 27.Sep.2024) — ConocoPhillips on Friday got a Trinidad court to approve the seizing of payments from the Caribbean country to Venezuela’s state oil company for a proposed offshore gas project between the two neighbors. ConocoPhillips has for years been seeking to recover money from Petroleos de Venezuela (PDVSA) for […]
MEEI Minister Young Tours PXGEO 2 Seismic Vessel
(MEEI, 27.Sep.2024) — Stuart R. Young, Minister of Energy and Energy Industries, and Minister in the Office of the Prime Minister toured the PXGEO 2 seismic vessel and met with its specialist crew on 26 Sep. 2024. This comes after cabinet approved negotiations towards a production sharing contract (PSC) between […]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. —Argentina: Petronas is rumored to be pondering stepping back from Argentina LNG, the South American country’s initial LNG export project, leaving YPF alone to search for partners. —Brazil: Petrobras […]
Woodside Energy Executives Meet with MEEI Officials
(Piero Stewart, Energy Analytics Institute, 26.Sep.2024) — Executives with Woodside Energy provided an update to officials with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI) regarding the Australian company’s Calypso project offshore. The ‘pre-feed’ engineering work is progressing, the MEEI said 26 Sep. 2024 in an official […]
Touchstone on Lapsing of Acquisition
(Energy Analytics Institute, 19.Sep.2024) — The Touchstone board of directors revealed that Trinity‘s announcement on 18 Sep. 2024 its board is seeking the permission of the Court to formally withdraw the scheme at a Court hearing which has been scheduled for 25 Sep. 2024. Notwithstanding withdrawal of the Scheme, the […]
Woodside Execs Visit NYSE in First Equity Market Briefing
(Energy Analytics Institute, 16.Sep.2024) — Woodside Energy completed its first North American equity market briefing at the New York Stock Exchange (NYSE) on 16 Sep. 2024, the Australian company’s CEO Meg O’Neill announced on LinkedIn. Woodside was initially listed on the NYSE in 2022 when the company merged with BHP’s […]
Minister Young Calls for Conversation on Implementation at CCS Symposium
(Energy Analytics Institute, 7.Sep.2024) — Trinidad and Tobago’s head of the Ministry of Energy and Energy Industries (MEEI), Stuart R. Young, Acting Prime Minister of the Republic of Trinidad and Tobago, called for a move from conversation on carbon capture and storage (CCS) to implementation due to the urgency of […]
bpTT to Divest Fields to Perenco, Refocusing Gas Business
(bp, 2.Sep.2024) — bp Trinidad and Tobago (bpTT) has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities. The agreement also includes the undeveloped resources from the Parang field. bpTT operates, and currently is the sole owner in each of […]
Touchstone on All Share Offer for Trinity
(Touchstone, 25.Jul.2024) — Touchstone Exploration Inc. notes the announcement made yesterday by Trinity Exploration and Production Plc. regarding a possible cash offer for Trinity (the “Possible Offer”), and the decision by the board of directors of Trinity (the “Trinity Board”) to reschedule the Court Hearing to 23 Aug. 2024. Capitalised terms […]
Woodside Reports 2Q:24 Results
(Woodside, 23.Jul.2024) — Woodside Energy reported quarterly production of 44.4 MMboe (488 Mboe/day), down 1% from Q1 2024 due to planned maintenance activities, weather impacts at North West Shelf and unplanned outages at Wheatstone and Julimar, partly offset by higher seasonal demand at Bass Strait and first oil at Sangomar. Full […]
Woodside to Acquire Tellurian: Transcript
(Woodside, 22.Jul.2024) — Woodside Energy Group Limited held an investor call to discuss its $900mn all-cash acquisition of Tellurian, Inc., which is developing Driftwood LNG. ____________________
Energy Chamber Welcomes Manatee FID
(Energy Chamber, 9.Jul.2024) — The Energy Chamber of Trinidad & Tobago warmly welcomes the news that the final investment decision (FID) has been taken by Shell for the development of the Manatee field. This is a very significant development for Trinidad & Tobago and will help create stability for the country’s […]
Shell Takes FID at Manatee in Trinidad
(Shell, 9.Jul.2024) — Shell Trinidad and Tobago Ltd., a subsidiary of Shell plc, announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. Manatee will allow Shell to competitively grow its Integrated […]
Trinidad’s Minister Young Meets with DeNovo Execs
(MEEI, 9.Jul.2024) — The Honourable Stuart R. Young SC, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Ms. Sandra Fraser, Permanent Secretary at the Ministry of Energy and Energy Industries, met with DeNovo Energy Limited executives at the at the Ministry […]
Trinidad’s Minister Young Meets with Diplomatic Missions
(MEEI, 8.Jul.2024) — The Honourable Stuart R. Young SC, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Ms. Sandra Fraser, Permanent Secretary at the Ministry of Energy and Energy Industries, met separately, with representatives of the diplomatic missions of Brazil and […]
Emergency Fuel Supply Provided to Grenada after Beryl
(MEEI, 6.Jul.2024) — In response to the devastating impact of Hurricane Beryl on the islands of Grenada and Carriacou, the Government of the Republic of Trinidad and Tobago, through the Ministry of Energy and Energy Industries, has coordinated with Paria Fuel Trading Company Limited to deliver an emergency supply of fuel […]
Update on Capsized Vessel off Cove, Tobago
(MEEi, 29.Jun.2024) — The Ministry of Energy and Energy Industries advises that on 28 June 2024, the De-Inventory Phase of operations has been completed. All safely recoverable hydrocarbons from the wreck have been successfully pumped off the capsized barge, amounting to 32,303 barrels. The De-Inventory phase involved pumping hydrocarbons from the […]
IGU Releases 2024 World LNG Report
(IGU, 26.Jun.2024) — Despite lower price, the growing global LNG market stays tight amid supply constraints, according to the 2024 IGU World LNG Report. Released today, the IGU’s 15th annual World LNG Report finds that global LNG trade grew by 2.1% in 2023, surpassing 401 million tonnes (MT). This global […]
Touchstone on Acquisition of Trinity Exploration and Production Plc
(Touchstone, 1.May.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) has reached an agreement with Trinity Exploration and Production Plc on the terms of an all-share acquisition by which Touchstone will acquire all of the issued and to be issued ordinary share capital of Trinity. Trinity is a crude oil exploration, […]
Touchstone Closes Expanded Bank Facilities
(Touchstone, 22.Apr.2024) — Touchstone Exploration Inc.‘s wholly owned Trinidadian subsidiary Touchstone Exploration (Trinidad) Ltd. has entered into the third amended and restated loan agreement with our Trinidad based lender. The amended loan agreement provides for an additional $10mn five-year non-revolving term loan facility and an increase to our existing revolving […]
US Reimposes Venezuela Oil Sanctions
(Argus, 17.Apr.2024) — The US administration today reimposed sanctions targeting Venezuela’s oil exports and energy sector investments and set a deadline of 31 May for most foreign companies to wind down business with state-owned PdV. The US decision rescinds a sanctions waiver issued last October, which allowed Venezuela to sell […]
MEEI Says OFAC GL44A Doesn’t Impact Trinidad’s Amended License
(Trinidad and Tobago Ministry of Energy and Energy Industries, 17.Apr.2024) — The Office of Foreign Assets Control (OFAC), Department of Treasury of the United States Government today issued General Licence 44A which governs sanctions related to the Bolivarian Republic of Venezuela and deals with Authorizing the Wind Down of Transactions Related […]
Expiration of US Oil License to Venezuela to Impose a Ceiling on Output Growth
(Reuters, 17.Apr.2024) — The expiration of the widest U.S. license so far granted to Venezuela’s oil and gas industry will put a ceiling on the South American country’s slow crude production growth unless Washington grants enough individual authorizations to compensate, according to analysts and experts. Washington officials said on Wednesday the license […]
OFAC Issues GL44A to Replace GL44 in Venezuela
(Energy Analytics Institute, 17.Apr.2024) — The U.S. Office of Foreign Assets Control (OFAC) issued General License 44A, which supersedes and replaces General License 44, and authorizes the wind down of transactions related to oil or gas sector operations in Venezuela. ____________________ By Piero Stewart. © Energy Analytics Institute (EAI). All […]
BP in Talks to Sell Some Trinidad Upstream Gas Assets to Perenco
(Reuters, 8.Apr.2024) — BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks. BP is Trinidad and Tobago’s largest natural gas producer with an output of just over 1.3 billion […]
MEEI Says Cove Operations Moving to Hydrocarbon Removal Phase
(Ministry of Energy and Energy Industries, 5.Apr.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that steps have been taken to progress operations to the hydrocarbon removal phase of the overturned vessel off the coast of Cove, Tobago. Investigations inclusive of a tank-by-tank analysis to determine both the […]
MEEI Head Young Meets with Methanex Country President Bain
(MEEI, 3.Apr.2024) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, met with Mr. Colin Bain, Managing Director and President, Methanex Trinidad and Tobago. This meeting took place on 3 Apr., 2024 at the Ministry of Energy […]
Trinidad Seeks US License for BP Gas Project Shared with Venezuela
(Reuters, 21.Mar.2024) — The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves BP, Energy Minister Stuart Young said on Thursday. The Manakin-Cocuina areas are part of the […]
Touchstone 2023 Operating Results
(Touchstone, 21.Mar.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) reports its operating and condensed financial results for the three months and year ended 31 Dec. 2023. Selected financial information is outlined below and should be read in conjunction with our 31 Dec. 2023 audited consolidated financial statements and related Management’s discussion […]
Venezuela, MEEI, NGC, and bpTT Discuss Manakin/Cocuina
(Energy Analytics Institute, 14.Mar.2024) — Parties from Trinidad and Tobago and Venezuela met in Caracas, Venezuela on 13 Mar. 2024 to commence engagement, discussions and negotiations related to the cross border Manakin/ Cocuina hydrocarbon field. The presentations and discussions including the exchange of technical information and negotiation of legal terms […]
IMF Fingerprinting Indicates Bunker Fuel Offshore Tobago
(Ministry of Energy and Energy Industries, 23.Feb.2024) — The Ministry of Energy and Energy Industries (MEEI) advises that preliminary fingerprinting reports submitted to the MEEI from the Institute of Marine Affairs (IMA), indicate the hydrocarbon discharge affecting the south east coast of Tobago is an ‘intermediate fuel oil.’ These reports […]
MEEI Receives Briefing from Oil Spill Removal Specialists
(Ministry of Energy and Energy Industries, 21.Feb.2024) — Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Ms. Penelope Bradshaw-Niles, Permanent Secretary, Ministry of Energy and Energy Industries (MEEI); Ms. Sandra Fraser, Permanent Secretary, MEEI; Ms. Karinsa Tulsie, […]
MEEI Engages with Oil Spill Removal Experts
(MEEI, 20.Feb.2024) — In accordance with the National Oil Spill Contingency Plan (NOSCP), the Ministry of Energy and Energy Industries (MEEI) continues to collaborate with the Tobago House of Assembly (THA) and the Tobago Emergency Management Agency (TEMA), to progress oil spill response operations off the southern coast of Cove, […]
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Shell LNG Outlook 2024 [PDF Downloads]
(Shell plc, 19.Feb.2024) — Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth. Global trade in LNG reached 404 […]
MEEI Providing Support to TEMA Regarding Oil Spill
(MEEI, 7.Feb.2024) — Last night the Ministry of Energy and Energy Industries (MEEI) dispatched a team of petroleum inspectors from its Petroleum Operations Management Division (POMD) to Tobago under the leadership of Marc Rudder, Chief Technical Officer at the MEEI, to assist the Tobago House of Assembly (THA) and Tobago […]
TEMA Leading, Managing Oil Spill Response Efforts
(MEEI, 8.Feb.2024) — On 7 Feb. 2024 at 9:00AM, the Ministry of Energy and Energy Industries (MEEI) received information from the Trinidad and Tobago Coast Guard (TTCG), that on 7 Feb. an oil like substance was observed emanating from an overturned vessel in the area of Canoe Bay, Tobago. In […]
![Shell Plc Posts Year End 2023 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/12/Shell_Upstream_Americas_Gulf_of_Mexico_Platform__Ursa-source-shell.jpg)
Shell Plc Posts Year End 2023 Results [PDF Downloads]
(Shell Plc, 1.Feb.2024) — Shell plc released its fourth quarter results and fourth quarter interim dividend announcement for 2023. ____________________
EAI’s NRGBriefs: January 2024
(Energy Analytics Institute, 31.Jan.2024) — Energy briefs as well as others related to finance and projects during Jan. 2024 including Washington reviewing its sanctions policy on Venezuela; QatarEnergy confirming that Qatar’s LNG production continues uninterrupted; Evercore ISI continuing on Biden’s moves to pause on LNG export terminal approvals; an S&P […]
BP sees Trinidad Deepwater Gas Getting Greenlight as soon as 2025
(Reuters, 23.Jan.2024) — BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said. BP, which holds a 30% stake in […]
PM Rowley Attends 2024 Opening of Trinidad Energy Conference
(Office of the PM of Trinidad and Tobago, 22.Jan.2024) — Prime Minister Dr the Hon. Keith Rowley officially opened the 2024 Energy Conference and Trade Show hosted by the Energy Chamber of Trinidad and Tobago at the Hyatt Regency Trinidad in Port of Spain on Monday, 22 Jan. 2024. Under […]
Trinidad in Talks with Europe to Supply Venezuelan Gas
(Reuters, 22.Jan.2024) — Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday. Venezuela’s government in December granted a 30-year license to Shell (SHEL.L), opens new tab and Trinidad’s National Gas Company (NGC) for joint […]