Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Since we met here one year ago, there have been major shifts in the global landscape for sustainable energy. We have seen some major economies cancelling or restructuring previous policies, to encourage investments into lower carbon energy sources; the United States being the most obvious case, but they are not alone: as many other countries have also either scaled back subsidies or pushed back regulatory deadlines that were driving the energy transition.
More than a decade ago, the Energy Chamber established a Green Energy Day as part of the T&T Energy Conference. Since then, interest in renewable energy and decarbonisation has grown substantially. So much so, that in 2017 we created a separate two day event called the Clean Energy Conference. The conference continued to grow and the name changed to the Caribbean Sustainable Energy Conference to ensure that we covered the Caribbean and discussed the way that the energy sector can become an active player in establishing a sustainable energy future; one which meets the demands of the future while simultaneously lowering the carbon footprint.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with other representatives of the Ministry of Energy and Energy Ministries met individually with representatives from major upstream oil and gas producers bp Trinidad and Tobago, Perenco and Woodside Energy.
People often think that CO2 is the only greenhouse gas (GHG) which contributes to global warming and climate change. However, there are other important GHGs such as methane (CH4) and nitrous oxide (N2O) which are also tracked under global climate agreements and which countries report under their international obligations under the Paris climate agreement.
bp Trinidad and Tobago (bpTT) has announced that the Mento development has safely delivered first gas through connection of the initial discovery well and the drilling campaign for the remaining seven gross wells on the platform will now begin.
Heritage Petroleum has announced that it has successfully spud Well FR1831.
According to a press release from the company, this marks the 5th well in the company’s 2025 land drilling campaign
The global energy sector is extremely interconnected and decisions in one country can have surprising impacts elsewhere. At first sight, changes in local environmental permits in New England, USA, would seem to have no significance to Trinidad & Tobago, but there may be unexpected impacts.
Trinidad and Tobago ranks among largest CO2 emitters per capita in the world. This is principally attributed to the concentration of heavy industries operating within the nation and its comparatively small population size. Nevertheless, the country's absolute contribution to global carbon dioxide emissions remains below 0.1%, much smaller than the major emitters such as the China (32%), USA (12%) and India (7%).
Touchstone Exploration has announced that it successfully closed the previously announced acquisition of 100 percent of the share capital of Shell Trinidad Central Block Limited (STCBL)
D2F Technical Services recently announced that it has achieved over 5 years of incident free E&I MSA services. According to the company, it excited 6 TARs without an incident with over 50 employees at peak load.
The United States has begun to roll back several energy subsidies and incentives approved under the previous administration's Inflation Reduction Act (IRA). Notably, there has been slashes to renewable energy and green hydrogen incentives while tax credits related to carbon capture and sequestration appear to have been preserved. Eliminating the credits for renewable energy projects and green hydrogen projects in the US can potentially signal more attractive investments for these types of projects in other jurisdictions.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with executives from the Ministry of Energy and Energy Industries met with Dr. Jenifer Neidhart de Ortiz, Chargé d’Affaires and other senior officials from the U.S. Embassy in Trinidad and Tobago.
The Gross Domestic Product (GDP) of a country is the market value of all the final goods and services produced within a country's borders. For the most part, it is one of the most widely used indicators to measure the size and the performance of a country’s economy. GDP per capita simply divides the GDP by the size of the population. It is a measure of a country's economic output per person and serves as an indicator of the average standard of living and economic well-being of each person. In this instance, the data is adjusted for purchasing power parity.
Perenco T&T Limited has announced the successful drilling of the Onyx well and sidetrack in the eastern part of the Onyx field. The two legs encountered significant columns of natural gas in two separate geological compartments.
Trinidad and Tobago is on the verge of a significant renewable energy achievement with the upcoming completion of the Brechin Castle Solar Farm, the largest solar project in the region. Located on 238 hectares of land northeast of Point Lisas, the solar farm is a joint venture between BCSL (Brechin Castle Solar Farm Ltd)—a partnership comprising bpTT, Shell, and the National Gas Company of Trinidad and Tobago Limited—and Grupotec, the Spain-based EPC contractor leading the construction.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries; Ms. Karinsa Tulsie, Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries; and Mr. Marc Rudder, Deputy Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries met with the heads of all energy related state enterprises.
It is well known that natural gas production in Trinidad & Tobago has been on a downward trend for over a decade. This obviously means that the volume of natural gas consumed or processed has also declined. In 2015, the country utilized natural gas at a rate of just over 3.5 bcf/d but in 2024 this reduced to just 2.4bcf/d.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries, met with a delegation from the Department for Energy Security and Net Zero of the United Kingdom led by Minister Kerry McCarthy, Parliamentary Under Secretary of State for the Department for Energy Security and Net Zero. The meeting took place on 7th May 2025 at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head Office, Port-of-Spain.
EOG Resources recently released their Q1 results for 2025. In the report, the company indicated that it made an oil discovery at the Beryl well in the TSP Deep Area off Trinidad's east coast.