The Caribbean energy sector is ripe for change – its long-standing dependence on fossil fuels has ensured that citizens pay some of the highest energy rates in the world.
One of the long-standing and key strategic objectives of the Energy Chamber has been to maximise local content in the Trinidad and Tobago energy sector.
The commodities super-cycle as used here refers to the general pattern in commodity prices in terms of ebbs and flows over time. This cyclical trend in commodity prices has been observed by economists for some time now and certainly since the midnineteenth century.
ON September 30th 2015, the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) published its third TTEITI Report covering the period October 1st 2012 – September 30th 2013. This report provides an independent reconciliation of payments made to the government by energy companies with the revenues reported by Government as having been received from these energy companies.
TRINIDAD and Tobago has a long history of oil and gas production and as a result, there are Joint Operating Agreements (‘JOAs’) dating back to the 1990s that are still governing arrangements between parties to production sharing contracts and licences.
EVER since the Trindad and Tobago Election and Boundaries Commission (EBC) released its figures on the number of registered voters prior to the September 2015 general election, I have noticed that lots of people have been questioning the country’s official population figures.
Marine pilots play a crucial but often unrecognised role in Trinidad and Tobago’s energy sector, safely manoeuvring a wide range of different vessels, from LNG tankers to drilling rigs, into position at all of Trinidad’s ports.
Anthony Vieira is the managing director of Hummingbird Helicopter Services Limited (HHSL). His company which was officially registered in 2002, is one of the best examples of a homegrown energy services company that has evolved in Trinidad and Tobago. HHSL is a provider of safety and survival training.
The government of Trinidad & Tobago has for the first time set a specific target for renewable energy – 10% of power generation from renewables by 2021.
There is a market for at least 3.5 million tonnes a year (mmty) of liquefied natural gas (LNG) in the Caribbean, one of the last regions in the world to be thinking of switching out of heavy fuel oil/diesel and into natural gas for power generation.
The Rowan Joe Douglas jack-up rig has commenced its drilling campaign for Angostura Phase 3, with BHP Billiton reporting that the project is progressing on schedule.
EnergyNow caught up with some of the leaders of key Point Lisas plants to find out how these shortfalls have impacted on their operations.
Vincent Pereira outlines his vision for local content at the Energy Chamber's 3rd annual Local Content Forum
Trinity Exploration and Production's aborted attempt to buy over blocks 1a and 1b in the northern Gulf of Paria from Centrica Energy means it is unlikely that the gas reserves there will be developed in the near future.
Canada's Touchstone Exploration has “taken in front” in its bold purchase of Trinity Exploration and Production's land-based oil-producing assets.
Exxon and their partners are fast tracking developments in Guyana.
Here is the transcript of Minister of Energy and Energy Industries Nicole Olivierre's speech to stakeholders at Tuesday's annual general meeting of the Energy Chamber as released by the MEEI.
Boosting crude oil production a priority
Budget recommendations: increase the SPT base, incentivise investment in small gas fields and re-examine PSCs.
Former minister left indelible mark on sector