(NGC, 24.Nov.2023) — The National Gas Company of Trinidad and Tobago Limited (NGC) is joining the effort to stem the decline in mangrove health in […]
Category: Trinidad and Tobago
Trinidad and Tobago energy
Venezuela Producing 850,000 bpd, Hopes to Recover US Market
(Reuters, 22.Nov.2023) — Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country’s […]
Touchstone Updates on Cascadura Field in 3Q:23 Results
(Touchstone, 14.Nov.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provided an operational update and reports its operating and financial results for the three and nine […]
Local Trinidad Operator Expresses Interest in Citgo Assets
(Trinidad Express, 2.Nov.2023) — Decker Petroleum and Marketing Company Ltd (DPMCL), based in Trinidad and Tobago, has written the US District Court of Delaware officially […]
EAI’s NRGBriefs: Oct. 2023
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings […]
Rowley: LNG Restructuring Saving T&T
(Trinidad Guardian, 27.Oct.2023) — Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic […]
Trinidad Approved to Pay PDVSA
(Welligence, 19.Oct.2023) — Trinidad & Tobago (T&T) has received approval from the US government to pay PDVSA, the Venezuelan NOC, in cash for gas from Venezuela. […]
Biden Eases Sanctions on Venezuelan Oil, Republicans Howl
(Politico, 18.Oct.2023) — The Biden administration said Wednesday it will ease sanctions against companies that trade in oil produced in Venezuelan or invest in the […]
Venezuela’s Oil Sanctions Relief May Lift Profits, No Fast Output Rebound
(Reuters, 18.Oct.2023) — A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but could boost profits by returning some foreign companies […]
![FAQ: Suspension of Certain US Sanctions on Venezuela [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2018/07/DSCF79430001-1200x635.jpg)
FAQ: Suspension of Certain US Sanctions on Venezuela [PDF Downloads]
(US Department of State, 18.Oct.2023) — On October 18, 2023, the United States welcomed the announcement of a political agreement between representatives of Maduro and […]
Venezuela to Divert Barrels from China if US Continues Easing Sanctions
(Reuters, 18.Oct.2023) — Exemptions to sanctions on Venezuelan oil exports that the U.S. is mulling should not result in a large crude production surge in the […]
Senior Administration Officials on Venezuela
(US Department of State, 18.Oct.2023) — Senior US Departement of States administration officials held a teleconference to discuss political advancements in Venezuela. MODERATOR: Good evening, […]
Energy Chamber Welcomes Progress on Dragon Field Development
(The Energy Chamber, 17.Oct.2023) — The Energy Chamber of Trinidad & Tobago warmly welcomes the announcement from the Trinidad & Tobago Minister of Energy and […]
US Grants License Amendment to Trinidad for Joint Natgas Project with Venezuela
(Reuters, 17.Oct.2023) — The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development […]
T&T Can Pay Cash for Dragon Field Gas
(Trinidad Express, 17.Oct.2023) — Trinidad and Tobago can now make cash payments to Venezuela for the natural gas extracted from the Dragon field, Energy Minister […]
![Trinidad on Amendment to OFAC License [Video]](https://energy-analytics-institute.org/wp-content/uploads/2022/04/meei-hq-in-pos-trinidad-energy-analytics-institute-scaled.jpg)
Trinidad on Amendment to OFAC License [Video]
(TT MEEI, 17.Oct.2023) — The Honourable Stuart R. Young, MP, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister […]
NGC and Methanex Ink Gas Supply Deal
(NGC, 13.Oct.2023) — The National Gas Company of Trinidad and Tobago Limited (NGC) and Methanex Trinidad Limited signed a new Gas Sales Contract (GSC) for […]
NGC, PLNL Ink New Gas Sales Deal
(NGC, 4.Oct.2023) — The National Gas Company of Trinidad and Tobago Limited (NGC) and Point Lisas Nitrogen Limited (PLNL) have successfully concluded negotiations for the […]
Energy Chamber Welcomes Deal to Work on Dragon Field
(Energy Chamber, 21.Sep.2023) — The Energy Chamber is extremely pleased to hear the news that Trinidad & Tobago and Venezuela have signed an agreement to […]
Trinidad and Venezuela Ink Gas-Related Deal
(Energy Analytics Institute, 20.Sep.2023) — The governments of Trinidad and Tobago and Venezuela signed a deal related to energy and bilateral trade. “As good neighbors […]
Maduro Says Venezuela, Trinidad Sign Deal to Share Gas Profits
(Bloomberg, 20.Sep.2023) — President Nicolás Maduro said Venezuela and Trinidad and Tobago have signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore […]
Touchstone Commences Cascadura Production
(Touchstone, 7.Sep.2023) — Touchstone Exploration Inc (TSX, LSE: TXP) announces that the Cascadura natural gas and liquids facility has safely delivered first production. Touchstone has […]
Shell, Trinidad Weigh Venezuela’s Natural Gas Investment Plans
(Reuters, 5.Sep.2023) — Shell (SHEL.L) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run oil firm for its $1 billion […]
Touchstone Updates on Ortoire Operations
(Touchstone, 24.Aug.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provides an update on Royston-1X well production testing, commissioning of the Cascadura natural gas and liquids […]
![IGU 2023 World LNG Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/07/igu-2023-rpt-cover.png)
IGU 2023 World LNG Report [PDF Download]
(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. ____________________
NGC Acquires Heritage Petroleum’s Upstream Assets
(NGC, 29.Jun.2023) — The National Gas Company of Trinidad and Tobago Limited (NGC) deepened its presence and participation along the local natural gas value chain, with […]
Trinidad to Restart Idled LNG Unit by Early 2027
(Reuters, 7.Jun.2023) — Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility’s […]
bpTT Adds Mango Field Production
(bpTT, 29.May.2023) — bpTT today announces the successful completion of the first phase of its “small pools” drilling campaign which began in October 2022. The […]
Touchstone Reports Higher 1Q:23 Production Compared to 1Q:22 [PDF Download]
(Touchstone, 12.May.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) produced qtrly avg volumes of 2,139 boe/d in the 1Q:23, up 53% relative to the 1,396 […]
Trinidad and Tobago: Natural Gas Crisis
(Trinidad Express, 23.Apr.2023) — The country’s lone cooking gas producer and several petrochemical plants at Point Lisas have been shut down amid a full-blown natural […]
![NatGas in Transition to Low-Carbon Economies [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/04/latam-white-paper-cover.png)
NatGas in Transition to Low-Carbon Economies [PDF Download]
(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for […]
bp and Shell Break Ground on Solar Plant
(bp, 12.Apr.2023) — A sod turning ceremony today at Brechin Castle signaled the start of construction on Trinidad and Tobago’s first utility scale solar project. […]
EAI’s NRGBriefs: Mar. 2023
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a […]
Energy Chamber Facilitates Talks on Carbon Border Adjustment
(Energy Chamber, 22.Mar.2023) — The Energy Chamber of Trinidad & Tobago was delighted to collaborate with the European Union and Caribbean Export Development Agency (Caribbean […]
Energy Minister Meets with Shell Execs in Texas
(Trinidad Guardian, Chester Sambrano, 10.Mar.2023) — Minister of Energy and Energy Industries, Stuart Young MP, has held talks with Shell Executives in Houston, Texas, this […]
T&T Energy Minister Holds Successful Talks at CERAWeek in Houston
(Loop, 8.Mar.2023) — Energy Minister Stuart Young says he has had successful discussions at CERAWeek in Houston where a number of important engagements with key stakeholders […]
The Dragon Dance
(Trinidad and Tobago Newsday, 25.Feb.2023) — Energy Minister Stuart Young has again expressed confidence that Trinidad and Tobago (TT) would successfully conclude and execute a […]
Trinidad to Begin Negotiations for Gas Deal with Venezuela in March
(Reuters, 24.Feb.2023) — Trinidad and Tobago expects to formally begin negotiations next month with Venezuela on a promising offshore natural gas project, the Caribbean nation’s […]
Touchstone Starts Operations at Royston-1X Sidetrack in Trinidad
(Touchstone, 6.Feb.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) has commenced operations at the Royston-1X sidetrack well located on the onshore Ortoire block in the […]
Caribbean Seeks Venezuela’s Oil and Gas as U.S. Relaxes Sanctions
(WSJ, 3.Feb.2023) — Caribbean countries battered by high energy costs are turning to Venezuela for oil and gas as the U.S. eases sanctions that have kept its […]
EAI’s NRGBriefs: Jan. 2023
(Energy Analytics Institute, 31.Jan.2023) — Energy briefs as well as others related to finance and politics during January 2023 including Trinidad and Tobago Prime Minister […]
Paul Questions Dragon’s Gas Revenues for T&T
(Trinidad Express, 25.Jan.2023) — Energy expert Anthony Paul is not convinced that T&T has its ducks lined up to deliver the various sub-projects required to […]
Trinidad/Venezuela Dragon Gas Development Update
(Welligence Energy Analytics, 25.Jan.2023) — The U.S. Department of the Treasury has granted a license to the government of T&T to receive gas from the multi-Tcf offshore […]
Rowley Says OFAC Approves Trinidad’s Development of the Dragon Field
(Office of the Prime Minister of Trinidad and Tobago, 24.Jan.2023) — As you all are aware, the United States is our major trading partner and […]
US Grants License to Trinidad to Develop Dragon Gas Field
(Reuters, 24.Jan.2023) — The U.S. Treasury Department has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial […]
Keith Rowley’s Keynote Address at TTEC 2023
(The Office of the PM of Trinidad and Tobago, 23.Jan.2023) — Prime Minister of the Republic of Trinidad and Tobago Dr. Hon. Keith Rowley gave […]
T&T Energy Chamber Chair Dookie Gives Opening Address at TTEC
(Energy Chamber, 23.Jan.2023) — Energy Chamber of Trinidad & Tobago Chair Jerome Dookie gives his opening speech at the Trinidad & Tobago Energy Conference 2023 […]
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on […]
Trinidad Ready to Reject BP, Shell Offshore Exploration Bids
(Reuters, 28.Dec.2022) — Trinidad and Tobago is preparing to reject four offshore exploration bids by BP Plc (BP.L) and Shell Plc (SHEL.L), according to people familiar with the […]
Phoenix Park Acquires Minnesota Terminal
(PPGPL, 16.Dec.2022) — On 13 December 2022 Phoenix Park Gas Processors Limited (PPGPL) through its wholly owned subsidiary Phoenix Park Energy Marketing LLC (PPEM), completed […]