(Trinidad and Tobago Newsday, Sean Douglas, 7.Jun.2019) — The refined oil imported by Paria Fuel Trading Company for local consumption after the closure of the Petrotrin refinery does not include oil produced by Venezuela’s state-run oil company PDVSA, Energy Minister Franklin Khan told the Senate on Thursday. Opposition Senator Wade […]
Category: Trinidad and Tobago
Trinidad and Tobago energy
Trinidad Energy Chamber To Host Energy Efficiency And Renewables Conference
(Energy Chamber, 4.Jun.2019) — The Energy Chamber of Trinidad and Tobago is hosting its Energy Efficiency and Renewables Conference on 10-11 June 2019 at the Ballroom, Hilton Trinidad and Conference Center. The conference was first hosted in 2017 and was called the Clean Energy Conference. This year we took a […]
Trinidad, BP, Shell To Restructure Atlantic LNG
(Argus, 3.Jun.2019) — Trinidad and Tobago agreed with BP and Shell to discuss restructuring Atlantic LNG to try to forestall the shutdown of Train 1, which represents 20pc of capacity. BP and Shell are the Caribbean country’s leading natural gas producers and top shareholders in the 14.8mn t/yr Atlantic liquefaction […]
TPHL Announces Conditional Term Loan Commitments Of Up To $720 Million
(TPHL, 31.May.2019) — Trinidad Petroleum Holdings Limited (TPHL) announced that in connection with its ongoing negotiations with a syndicate of financial institutions to enter into a new senior secured term loan facility (the “Term Loan Facility”) under which TPHL is the borrower and The Guaracara Refining Company Limited, Heritage Petroleum […]
BP Says Advancing Its Business In Trinidad And Tobago
(bptt, 31.May.2019) — BP’s Upstream chief executive Bernard Looney yesterday emphasized the company’s long-term commitment to Trinidad and Tobago during a meeting with the Honourable Prime Minister Dr Keith Rowley and other T&T Government representatives at BP’s head office in London. Looney said: “BP values our long-term partnership with Trinidad […]
Kamla Slams Trinidad Prime Minister’s 10-Day Energy Trip
(LoopTT, 27.May.2019) — Opposition Leader Kamla Persad-Bissessar on Monday slammed the Prime Minister’s 10-day energy trip, accusing him of meddling in the energy affairs of Trinidad and Tobago. In a statement, she said the upcoming scheduled meetings with international energy companies are aimed at regaining favour as a result of […]
Trinidad And Tobago Doubles Down On Gas Production
(Oxford Business Group, 25.May.2019) — On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that T&T would slip into a recession. In a press release, the international lender said the twin-island nation was expected to post real growth of 0.9 percent this year, […]
LatAmNRG Q&A With ANH Colombia: Exploratory Drilling To Start In 2H:20
(Energy Analytics Institute, Piero Stewart, 24.May.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Colombia’s Hydrocarbons National Agency (ANH) weighs in on some of our Colombia-related questions. What follows are excerpts from our series: LatAmNRG Q&A […]
Trinidad Petroleum Holdings Limited Announces Extension Of Expiration Date
(TPHL, 24.May.2019) — Trinidad Petroleum Holdings Limited announced the expiration date has been extended until 5:00 p.m., New York City time, on June 14, 2019, unless extended or earlier terminated (such time and date with respect to the Exchange Offers, as the same may be extended, the “Extended Expiration Date”), […]
Shell Trinidad And Tobago Commits To STOW Charter With The Energy Chamber
(Energy Chamber, 23.May.2019) — On Thursday 9th May, 2019, Mr. Derek Hudson, Vice President and Country Chair of Shell Trinidad and Tobago Limited, signed the Safe to Work (STOW) Charter, demonstrating the Company’s commitment to the objectives of STOW. Also present at the signing, which took place at the Energy […]
Energy Chamber To Host Energy Efficiency and Renewables Tradeshow
(Energy Chamber, 21.May.2019) — Two years ago, the Energy Chamber of Trinidad and Tobago hosted its first Clean Energy Conference, an off-shoot from its Trinidad and Tobago Energy Conference which had for many years included a Green Energy Day. Given the direction in which the world is moving toward a […]
Sell Oil, Buy Electric
(Trinidad and Tobago Newsday, Ryan Hamilton-Davis, 16.May.2019) — The Regulated Industries Commission (RIC), the regulatory body for water, waste water and electricity, has come up with an initiative that could preserve the environment, lessen the economic burden, and fulfil government’s obligations internationally – not to mention save the average Joe […]
Contrasting Cases Of Energy Dependence: Venezuela and Trinidad and Tobago
(NACLA, Zophia Edwards and Timothy M. Gill, 14.May.2019) — Trinidad and Tobago used to be as dependent on oil as Venezuela. So why hasn’t its economy suffered similar levels of crisis since oil prices began to decline? Away from the economic and political calamity in Venezuela, just seven miles off […]
Could Emerging Oil State Guyana Become The Richest Nation In The World?
(Oilprice.com, Irina Slav, 12.May.2019) — A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, and this reputation has to do with its oil wealth. Guyana, sandwiched between Venezuela and […]
Lee: Dragon Gas Deal Dead
(Trinidad and Tobago Newsday, Yvonne Webb, 19.Apr.2019) — Deputy political leader of the United National Congress, Pointe-a-Pierre MP David Lee, has said the Dragon gas deal between TT and Venezuela is dead and not just at a “standstill,” as claimed by Energy Minister Franklin Khan. Lee said it is now […]
Trinidad PM Rowley: Pray For Oil
(Trinidad and Tobago News Day, Sean Douglas, 17.Apr.2019) — The Prime Minister has publicly implored prayerful citizens to pray for new deposits of oil to be found in exploratory drilling 80 miles off Trinidad’s east coast. “Our future will be very bright if we are successful,” Dr Rowley told a […]
BHP Encounters Hydrocarbons In Latest T&T Deepwater Well
(T&T Energy Chamber, 17.Apr.2019) — BHP has announced that it has found hydrocarbons in its latest deepwater well in Trinidad & Tobago’s deepwater block 23(a). The BĂ©lĂ©-1 well is the first of a three well programme to test prospects around the Bongos discovery, made in 2018. The well is being […]
Shell’s STEM Path To The Future
(Trinidad and Tobago News Day, Melanie Waithe, 11.Apr.2019) — Ever took a walk on the bottom of the sea, to see how natural gas is extracted from beneath the earth’s surface and brought on land to be processed at a liquefied natural gas (LNG) facility? More than 900 students got […]
BPTT’s Wendy Fae Thompson At The 3rd Biennial Oil And Gas Law Conference
(BPTT, 29.Mar.2019) — BPTT has partnered with the University of the West Indies from the inception of this conference and we are pleased to once again be a sponsor. 3rd Biennial UWI Faculty of Law Oil and Gas Law Conference and the Just Transition Initiative Conference 2019 March 26-28, 2019 […]
Trinidad Gov’t And BPTT Discuss Issues Relating To Galeota Based Contractors
(MEEI, 27.Mar.2019) — The Honourable Stuart Young Minister of National Security, Minister of Communications and Minister in the Office of the Prime Minister, and Senator the Honourable Franklin Khan, Minister of Energy and Energy Industries met with Ms. Claire Fitzpatrick, Regional President, BP Trinidad and Tobago (BPTT) and Mrs. Giselle […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and the Caribbean from Venezuela, Ecuador, Brazil, Colombia, and Mexico. *** © Energy Analytics Institute (EAI)