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Touchstone spudded the Coho-1 exploration well on the Ortoire exploration block on August 7, 2019 using Well Servic… https://t.co/U96wmNd4Ss -
According to Tullow, evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licen… https://t.co/WLiQcyNvm4
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BHP has indicated that it has approved US$283 million (BHP share) in funding to develop the Ruby Project in Trinida… https://t.co/hr7aLATEd1
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The Guyana Department of Energy has indicated that it was “substantially unclear” about the deal between Qatar Petr… https://t.co/81cBgxl2gv
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Calls for changes to the SPT on oil production. T&T players say it discourages investment and inhibits oil explorat… https://t.co/X0OSGERrsu
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Every time that there are concerns expressed about the future of the oil, gas and petrochemical sectors in Trinidad and Tobago, there are responding calls for the diversification of the economy. These calls are understandable and appropriate, and fully supported by the Energy Chamber of Trinidad and Tobago (Energy Chamber). The Energy Chamber views economic diversification as a fundamental issue for our economy and especially the diversification of our exports. As a small open economy, Trinidad and Tobago needs to earn foreign exchange in order to survive and we can no longer rely upon exporting just a handful of energy related commodities.