All stories
Ramps Logistics Limited has signed a letter of intent with Flying Ship Technologies Corporation to introduce unmanned autonomous, eco-friendly, wing-in-ground-effect vessels, or "Flying Ships", to the Caribbean and South America. This innovative collaboration will revolutionize shipping in the region by decreasing vessel costs, significantly cutting shipping time, and reducing our carbon footprint.
The Ministry of Energy has indicated that Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, The Honourable Stuart R. Young, MP met with Woodside Energy executives today, Tuesday 22nd August, 2023 for an update and discussion on the Calypso Deepwater project.
The Report outlines our progress in achieving the company’s environmental, social and governance ("ESG") objectives in the 2022 year and represents Touchstone's third year of ESG reporting.
Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Proman, a global leader in natural gas-derived products and one of the world’s largest producers of methanol, today announced a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s worldwide fuels capabilities and expertise.
At the T&T Energy Conference in January 2023 one of the key sentiments coming out of all of the discussions was that while we were on the right pathways to secure the future of the sector we simply needed to be moving faster. This was a sentiment we heard not just from industry leaders but also from senior government leaders, especially the Minister of Energy, Stuart Young.
On Saturday, August 19th, 2023, at approximately 8:05 am a fire occurred at the Melamine 1 Plant on the Point Lisas Industrial Estate.
Trinidad and Tobago NGL Limited (TTNGL) has published its financial results for the period ending 30 June 2023, which reflects operational and market challenges impacting its underlying asset, Phoenix Park Gas Processors Limited (PPGPL).
Trinity Exploration has confirmed the Jacobin-1 oil discovery in the Palo Seco area. The company has stated that over 290 feet of net oil pay was encountered in the Jacobin well, including 63 feet of net oil pay in the deeper exploration targets.
Phoenix Park Gas Processors Limited (PPGPL) signed a Technical Services Agreement with The Gas Gathering Limited (TGGL) of Ghana, a private consortium. Under this agreement, PPGPL will be providing technical and commercial advisory services, drawing on its expertise in the fields of process and mechanical engineering, project management, process operations, and commercial. This is a continuation of the NGC Group’s association with Ghana, to commercialize technical services in the Group’s thrust to globalize its operations in service of its mission and vision.
The National Gas Company of Trinidad and Tobago Limited has received notice that one of it’s major upstream suppliers of natural gas was forced to shut in its gas production due to an unplanned technical issue.
The Ministry of Energy and Energy Industries via a press release, has indicated that one of the major upstream natural gas suppliers in Trinidad and Tobago has had to shut in its gas production as it deals with an unplanned technical issue.
Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young, MP, met with Woodside Energy’s Ms. Shiva McMahon, Executive Vice President, International Operations who introduced the Minister to Ms. Kellyanne Lochan, President and Country Manager (Ag) of Woodside Energy, Trinidad and Tobago.
The Ministry of Energy and Energy Industries (MEEI) led by the Honorable Stuart R Young MP, met with a delegation from the Inter-American Development Bank (IDB) led by Ms. Carina Cockburn as well as representatives of the National Energy Corporation of Trinidad and Tobago Limited (National Energy) and its President Dr. Vernon Paltoo.
Continuing its thrust to create symbiotic and sustainable relationships within the industry and with other ministries, The National Gas Company of Trinidad and Tobago Limited (NGC) and the Water and Sewerage Authority of Trinidad and Tobago (WASA) have signed a Memorandum of Understanding (MOU) to collaborate and share learnings around critical functional activities common across both organisations.
Prime Minister Mia Amor Mottley has floated the idea of a digital procurement platform to allow Barbados and other Caribbean countries access to lithium batteries and other renewable energy components, critical to the renewable energy transition.
CSA Ocean Sciences Inc. (CSA), an international marine environmental consulting and survey company, today announced the conclusion of a post drill monitoring survey (PDMS) offshore Trinidad for a local upstream oil and gas operator. The well was drilled by the operator during May to August 2022, with CSA completing the PDMS in November 2022 in full accordance with local regulatory requirements.
The Network of Caribbean Chambers of Commerce (CARICHAM) elected two women to the top posts in the regional organization. This historic move marked a significant step forward for gender equality and female leadership in the Caribbean business landscape.
At the opening ceremony of the Caribbean Sustainable Energy Conference 2023, Hon. Stuart Young, Minister of Energy and Energy Industries during his keynote address, focused on “reality” and the need to focus on energy security. He said that this needed to be the leading platform and pillar of our way forward.
TT Iron Steel Company Limited has signed a sale and purchase agreement with Christopher Kelshall, the liquidator of ArcelorMittal Point Lisas Ltd. (In Liquidation), to acquire the iron and steel plant in the Point Lisas Industrial Estate, Couva, Trinidad. Completion of the transaction is subject to approval by the Government of Trinidad and Tobago.
Speaking at the Caribbean Sustainable Energy Conference, David Campbell, President of bp Trinidad and Tobago, said that bp has changed since the launch of its new purpose, which is to move toward NetZero by 2050 or sooner. He said you could see the change in all areas, including in investments. Two years ago, the company was making 3 percent of new investments in non-oil and gas, this year, he said it would be 30 percent, and it would move to 50 percent in two years’ time.
