Trinity Exploration & Production has announced that it has received approval for the Field Development Plan (“FDP”) for the Galeota Asset Development (“GAD”) Project from the Ministry of Energy and Energy Industries (“MEEI”). The comprehensive and relatively quick approval by the MEEI review team, against the background of the pandemic, is extremely helpful and provides a suitably matured development concept which can be reviewed by potential funding partners as part of the farm-down process.

APA Corporation announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, holding a 50% working interest.

As COP26 is in its final hours in Glasgow, Scotland, negotiations and discussions are still underway to foster agreements meeting the goals of the climate conference. Vulnerable and developing countries in the Alliance of Small Island States (AOSIS), are making their voices heard as a network of 39 member states situated in low-lying coastal areas, with the most to lose due to their sizes, geographical locations and economic conditions.

Trinidad and Tobago NGL Limited (TTNGL) has published its financial statements for the nine months ended 30 September 2021, announcing a major uplift of 347% in profit after tax over the corresponding period of 2020.

Kenesjay Green Limited Ltd.(KGL) has selected the global project development consultancy io consulting (io) to perform Front End Engineering Design (FEED) for the NewGen Limited Carbon Neutral / Green Hydrogen Project with 27,200 mtpy production capacity. Scheduled for completion in 2025, this will be the first electrolysis-based hydrogen production facility to be built in Point Lisas, Trinidad, and one of the first of this scale in the world.

The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P.; had an early morning meeting with the CEO and Managing Director of Woodside, Australia Ms. Meg O'Neil today, Wednesday 10th November 2021.

The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P., participated in a virtual panel discussion for a side event of COP26- titled, Commonwealth Collaboration to Accelerate Methane Reductions in the Petroleum Sector.

Noble Corporation and Maersk Drilling announced that they have entered into a definitive business combination agreement to combine in a primarily all-stock transaction. Following the completion of the transaction, the Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company.

The Climate Resilience Execution Agency for Dominica (CREAD) signed a Memorandum of Understanding (MoU) with Kenesjay Green Limited (KGL), an energy revolution company dedicated to developing a pipeline of viable decarbonising and green project opportunities across the Caribbean.

Touchstone Exploration announced the results of the first of three planned production tests at the Royston-1 exploration well which has confirmed a light oil discovery in the lowermost section of the well. The section tested was initially designed to establish the base of potential hydrocarbon, and this light oil discovery represents a new pool which has not been encountered in any of the regional offsetting wells.

Proman Stena Bulk have successfully completed the launching of the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers that Proman and Stena Bulk are building together as part of their JV.

Prime Minister Dr the Hon Keith Rowley met with Shell’s senior executives at the energy company’s office in London today (Thursday 04 November, 2021). Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister the Hon Stuart Young and Eugene Okpere, Senior Vice President and Country Chair of Shell Trinidad and Tobago were present for the meeting.

Trinidad and Tobago Prime Minister Dr the Hon Keith Rowley, Minister of Energy and Energy Industries, Stuart Young MP, bp CEO Bernard Looney and bp Senior Vice President for Trinidad, Claire Fitzpatrick discussed T&T’s energy future as they met in London on Nov 4th.

The global shipping industry is responsible for ~2.9% of global greenhouse gas emissions, which equals almost 1 billion metric tons of CO2 each year. Unchecked, emissions could increase by as much as 130% from 2008 levels by 2050. Transitioning to low-carbon fuels will be essential to secure the long-term future of the industry and meet International Maritime Organisation (IMO) emissions reduction targets for 2030 and 2050, but still-developing technologies and the long lifetime of existing vessels makes this challenge even bigger. Currently there are more than 70 000 vessels trafficking our oceans, with an average lifespan of approximately 25-30 years. Finding a low emission fuel for these vessels is no easy task, but now is the time to accelerate the transition. Methanol offers not only immediate, and urgently required, benefits but the only clear pathway to a sustainable future.

bp and Daimler Truck AG today announced plans to work together to help accelerate the introduction of a hydrogen network, supporting the roll-out of a key technology for the decarbonization of UK freight transport. They intend to pilot both the development of hydrogen infrastructure and the introduction of hydrogen-powered fuel-cell trucks in the UK.