Tag: Trinidad and tobago
Decline in gas production could trigger recession in TT – Ramnarine
Former Minister of Energy in Trinidad and Tobago Kevin Ramnarine has sounded a grim warning saying his country’s economy was unlikely to grow in...
TT bank positioning itself for Guyana’s oil windfall
A Trinidad and Tobago financial institution — First Citizens Bank — is looking to service Guyana’s Oil and Gas industry. This, as Guyana’s prospects...
BHP hits pay in Trinidad while encountering dry hole at other...
Australian based petroleum company BHP said on Thursday it has made one discovery while encountering a dry hole in exploration activities offshore the Caribbean...
BP, Shell in joint bid for renewable energy project in Trinidad...
BP Trinidad and Tobago LLC (BPTT) has submitted a bid to the country’s Ministry of Energy and Energy Industries (MEEI) for a commercial scale solar power...
T&T government facing questions over refinery deal
Former Minister of Energy in Trinidad and Tobago Kevin Ramnarine has said that the “country is truly in a state of shock” following the...
Company owned by oil union to purchase Petrotrin refinery for US$700...
Media outfit Loop TT is reporting that Trinidad and Tobago’s Minister of Finance Colm Imbert announced that a company owned by the Oilfield Workers...
T&T oil decline driving investors to nearby Guyana – Ramnarine
Trinidad and Tobago (T&T) has seen a stagnation in its oil-based economy in recent years and with little to no new investment opportunities, its...
T&T exploration in decline as Guyana fast-becoming regional centre of attraction
As petroleum exploration activities offshore Guyana intensify with more than six billion barrels of oil already discovered by ExxonMobil and other explorers gunning for...
First gas expected from BP Trinidad’s Cassia project in 2021
BP Trinidad and Tobago’s (BPTT) Cassia Compression project is on track with first gas expected in 3Q 2021. The Cassia Compression project will enable...
Venezuela reportedly gives Russia control of gas deposits near TT
This week, Nicolás Maduro gave two new gas deposits to Russia, offering up 100% of the project and all gas rights exploited, according to...