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Proman Stena Bulk takes delivery of first  methanol-powered newbuild vessel

Proman Stena Bulk takes delivery of first methanol-powered newbuild vessel

Proman Stena Bulk, a joint venture (JV) between a leading global methanol producer Proman and one of the world’s largest tanker shipping companies Stena Bulk, today confirmed that the first methanol-powered newbuild vessel under its partnership has been delivered and is preparing for commercial operation.

Minister Young meets with Woodside Executives

Minister Young meets with Woodside Executives

The Honourable Stuart Young M.P, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister and Permanent Secretary (Ag) Fraser met with Ms. Shiva McMahon Head of International Operations, Mr. Juan Vazquez Country Manager, Woodside Trinidad and Tobago and Dr. Carla Noel-Mendez Manager, Corporate Affairs, Woodside Trinidad and Tobago.

T&T Energy conference registers record number of participants

T&T Energy conference registers record number of participants

From the 31st May to 2nd June 2022, the Energy Chamber of Trinidad & Tobago held its first in-person T&T Energy Conference since the onset of the global pandemic in 2020. The event was held as a hybrid event with both in-person and virtual streams and networking opportunities, while the traditionally well attended trade show also ran alongside the conference.

Fortune at the T&T Energy Conference

Fortune at the T&T Energy Conference

You would not usually expect an energy conference to feature both the author of a historical novel and a painter, but we like to be a bit different at the Trinidad & Tobago Energy Conference. We are sure that Amanda Smyth (the novelist) and Krishna Persad (the painter) are going to offer something exciting and stimulating at this year’s edition of the Conference.

Leveraging the energy industry for innovation

Leveraging the energy industry for innovation

There is an unfortunate perception that there is little innovation that takes place in the Caribbean energy sector and that any new technology or new process improvements are simply imported from elsewhere. The Energy Chamber of Trinidad & Tobago’s inaugural Innovation and Technology Challenge suggests that this perception is misplaced.

Preferred bidder identified for Point-a-Pierre refinery

Preferred bidder identified for Point-a-Pierre refinery

Prime Minister, the Honourable Dr Keith Rowley has announced that a preferred bidder has been selected for the sale or lease of the state-owned Point-a-Pierre refinery in Trinidad & Tobago. The refinery was moth-balled in 2018, amidst a radical restructuring of Petrotrin, the integrated national oil company. The upstream portion of Petrotrin was spun off into Heritage Petroleum (one of the sponsors of the upcoming Trinidad and Tobago Energy Conference, 31st May – 2nd June 2022 while the refinery was put up for sale or lease.

NGC signs Gas Supply Contract with TCL

NGC signs Gas Supply Contract with TCL

The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a Gas Sales Contract (GSC) with local cement manufacturer, Trinidad Cement Limited (TCL). This agreement will govern the sale of natural gas to TCL and represents an important step forward for both companies after an extended period of negotiations. TCL has been one of NGC’s longest-standing customers for over 40 years. The conclusion of this GSC signals NGC’s commitment to the local manufacturing sector and bodes well for infrastructural development in Trinidad and Tobago and the region.

Energy Chamber CEO outlines private-sector positions to OAS members preparing for the June 2022 Summit of the Americas

Energy Chamber CEO outlines private-sector positions to OAS members preparing for the June 2022 Summit of the Americas

On 7th March 2022, Energy Chamber CEO, Dax Driver, presented to governmental officials from across the Americas on what the private-sector would like to see included in the upcoming Summit of the Americas, scheduled for June 2022 in Los Angeles, USA. Speaking on behalf of the Americas Business Dialogue working group on energy, Driver outlined the major policy areas that the group has recommended hemispheric leaders consider in their deliberations.

Go faster, go bolder

Go faster, go bolder

If the Caribbean Region is to address the challenge of climate change, we need to both “go faster and go bolder”, to borrow from a recent statement from Ben van Beurden, the Chief Executive of Shell. We simply do not have time to waste, and it is imperative that we act now and act quickly.