Regional

No need for Guyana, Trinidad to be at each other’s throats about local content laws – Rowley

Prime Minister of Trinidad and Tobago, Dr. Keith Rowley said there is no need for his government and Guyana’s to be at each other’s throats about Guyana’s new local content laws. “What the government of Trinidad and Tobago tried to...

T&T eyes preferred bidder for Point-a-Pierre refinery

Trinidad and Tobago has identified another suitable bidder for the sale or lease of the state-owned Point-a-Pierre oil refinery, Prime Minister Dr. Keith Rowley announced on Friday. The refinery was moth-balled back in 2018 following the restricting of Petrotrin, the...

US lawmakers blast change in policy towards Venezuela; oil projects could increase

(S&P Global Platts) Details remained scant May 18 on a US policy shift that could chart a path for US companies to again invest in and operate Venezuelan oil projects as the Biden administration has reportedly begun to ease...

Refrain from MoU with T&T until trade barriers are removed – Georgetown Chamber tells Government

The Georgetown Chamber of Commerce and Industry (GCCI) is strongly urging the government to refrain from inking a Memorandum of Understanding (MoU) with Trinidad and Tobago, until the twin-island nation opts to remove its Non-Tariff Barriers (NTBs), which are...

Tucker knocks T&T trade barriers again as Rowley, Ali prepare to sign MoU

As Prime Minister of Trinidad and Tobago, Dr. Keith Rowley arrived in Guyana for the Regional Agri-Investment forum, one businessman Timothy Tucker is reanimating the discussion about non-tariff barriers to trade. Timothy Tucker, who happens to be President of the...

Trinidad Energy Chamber proposes sweeter tax incentives to attract investment

Plagued with years of declining economic growth, Trinidad and Tobago is facing challenging times. For failing to sufficiently diversify its economy in the hundred plus years since it started producing oil, Trinidad is dependent on gas production to keep...

Trinidad struggles to grow economy, as 2021 gas output hits lowest point in 18 years

Former Energy Minister of Trinidad and Tobago, Kevin Ramnarine said that natural gas production in 2021 was the lowest in 18 years. In a LinkedIn post, Ramnarine said it will require creative thinking to drive economic growth. He said that...

Trinidad’s signature energy conference returns on May 31

Trinidad and Tobago’s premier energy event – the Trinidad and Tobago Energy Conference & Trade Show 2022 is set to return on May 31. The conference will be held at the Hyatt Regency Hotel and will end on June 2. It is being held under the...

Brazil, Guyana exploring Boa Vista-Georgetown Road corridor to boost trade, investment

Following a state visit of the President of Brazil, Jair Bolsonaro to Guyana to meet with President Dr. Mohamed Irfaan Ali last Friday, the two agreed to explore the merits of a road corridor linking Boa Vista, the capital...

Guyana signs air services agreement with world’s largest oil producer

Aiming to be a major transport hub in the Latin America and Caribbean (LAC) region, Guyana has entered into an Air Services Agreement with the world’s largest oil producer, the Kingdom of Saudi Arabia. Guyana’s Minister of Public Works, Bishop Juan...

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Trinidad says 10-barrel oil spill contained after Venezuela alleges environmental damage

Trinidad and Tobago said on Sunday it had contained a small offshore oil spill after neighboring Venezuela accused the...