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Trinidad’s move to enter ‘gas deal’ with Venezuela detrimental to Guyana – Robert Persaud

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Former Guyanese Minister of Natural Resources and the Environment Robert Persaud has accused Trinidad and Tobago of “once again acting in its own narrow economic interest" in partnering with Venezuela on a gas deal over the weekend. In a Facebook...
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Petrotrin could bankrupt TT – Franklin Khan

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Trinidad and Tobago’s Energy Minister Franklin Khan has warned that state oil company Petrotrin’s current financial state of affairs could bankrupt the Caribbean oil producing nation. News outlets reported that Khan was speaking at a press conference on Sunday when...
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Major partnership to see Guyanese receive hands-on FPSO training in Nigeria, Singapore

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Guyanese will soon begin to receive specialized training to work on Floating Production Storage and Offloading (FPSO) vessels through a Strategic Partnership Venture (SPV) between Strategic Recruitment Solutions (SRS) and Century Tamara Energy Services Inc. (CTES). SRS is 100 percent...
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Sinopec reports best quarter in years after oil prices rebound

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(Reuters) - China Petroleum & Chemical Corp, the country’s largest refiner, reported its best quarterly profit in years on strong upstream and refining business and said it expects higher fuel sales in the second half. Known as Sinopec, the company...
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TT and Venezuela ink gas deal in Caracas

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Trinidad and Tobago Prime Minister Dr Keith Rowley and Venezuelan President Nicolas Maduro on Saturday sealed the deal that will see Trinidad and Tobago processing Venezuelan natural gas for the first time. The Prime Minister and his team arrived in...
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Angola sets up new National Oil & Gas Agency

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With aim of reducing control of country’s NOC and curbing conflicts of interest With a view to eliminating conflicts of interest and wresting power from its National Oil Company, Angola has created a new agency to manage its oil and...
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Norway’s $1 trillion wealth fund should keep oil stocks: commission

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Norway’s trillion-dollar sovereign wealth fund should continue to invest in oil and gas companies, a government-appointed commission recommended on Friday, contradicting earlier advice from the central bank, and boosting the shares of oil firms, Reuters said in a report...
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Granger confident of bringing electricity cost below 15 US cents per kilowatt hour

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Guyana’s President David Granger says the issue of energy was discussed with a team of United States Congressional officials during a meeting held on Thursday at State House in the country’s capital, Georgetown. Some of the visiting Congressmen, the President...
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Talks between Total, North Sea oil workers collapse

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Talks between French oil refiner Total and workers on three of its North Sea oil and gas platforms broke down on Thursday, meaning that a series of planned strikes over working rotas will go ahead, UK union Unite said...
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Swiss Bank executive enters guilty plea in Venezuelan US$1.2B PDVSA money laundering scheme

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A former Swiss bank executive has pleaded guilty to his role in a $1.2 billion money-laundering scheme involving Venezuela's state-run oil and Natural Gas Company, the Associated Press reported on Wednesday. Federal court records show that 44-year-old Matthias Krull pleaded...
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Third Local Content Summit billed for April 8 in Guyana

The South American oil-producing nation of Guyana will host its third Local Content Summit on April 8, bringing together...

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