Hundreds of Heritage Petroleum staff members rolled up their sleeves and got to work, refurbishing parks, restoring fishing facilities, and cleaning up beaches in key communities as part of the company’s annual Heritage Day of Volunteerism (DOV). The initiative, now in its sixth year, underscores Heritage’s deep-rooted commitment to giving back and fostering positive change in the areas where it operates.
TOSL Engineering Limited (TOSL), a leading integrated services company headquartered in Trinidad and Tobago, has announced its acquisition of ANSA Technologies Limited, a well-established provider of electrical, instrumentation, and automation solutions.
Yara Trinidad Ltd. and Trinidad Nitrogen Company Limited recently announced the successful commissioning of three (3) Solar Electric Vehicle (SEV) charging stations at their site. This initiative speaks to their commitment to reducing carbon emissions and advancing the use of sustainable energy solutions.
The southern Caribbean has gathered significant interest from the international energy industry over the past decade, driven in particular by the unprecedented exploration success and ramp up of production in Guyana. In 2024, Guyana overtook Trinidad & Tobago in terms of hydrocarbon production on a barrels of oil equivalence basis.
The Energy Chamber of Trinidad & Tobago has noted the news that the two OFAC special licenses for the Dragon and Cocuina fields have been revoked by the United States Government. This is disappointing news, but not unexpected given the previous cancellation of other general and special licenses for companies working in Venezuela.
It is with deep sorrow that we learn of the passing of Mr. Mark Loquan ORTT, past member of the Board of the Energy Chamber of Trinidad & Tobago and a distinguished leader of the national and global energy industry. Mark’s career spanned over three decades in the energy and petrochemical industry, marked by leadership roles in several countries, including Trinidad and Tobago, the USA, Europe, Africa, and Australia and culminating in his role as President of the National Gas Company of Trinidad & Tobago from 2016 until 2024. His expertise and dedication to the energy sector were invaluable to both the companies he led and the industry as a whole.
The Energy Chamber of Trinidad & Tobago is concerned about the specific impact of any additional tariffs on our exports to the United States of America and the general impact of increased tariffs on global trade and economic growth.
In the previous edition we shared information on benchmark prices in three key natural gas markets internationally and some of the factors which impact the price of gas internationally and the potential for impacts in T&T.
Cypre is one of bp’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream. Production from Cypre will make a significant contribution towards the 250,000 barrels of oil equivalent per day (boed) combined peak net production expected from these 10 projects.
Perenco has entered into an agreement with Woodside Energy to acquire its Greater Angostura producing oil and gas assets located in the northeast, shallow water offshore Trinidad, its onshore oil terminal and associated production and transportation facilities. Upon completion of a share sale, Perenco will assume control of two Woodside entities, their working interest and operatorship of the 2(C) and 3(A) Production Sharing Contracts.
bp Trinidad and Tobago has achieved two major milestones, sanctioning the Ginger gas development and exploration success at its Frangipani well.
This is the first installment of a two-part series examining natural gas prices. In this segment, we focus on the international pricing benchmarks for natural gas across three key markets: the Netherlands Title Transfer Facility (TTF), the U.S. Henry Hub, and the Japan/Korea Marker (JKM). These markets play a critical role in determining natural gas prices globally and are particularly relevant to Trinidad and Tobago (T&T). In the past the price for LNG being exported from T&T was linked to Henry Hub prices, however the revised pricing formula for T&T LNG exports is now based on one third JKM, one third TTF and one third the Brent oil price benchmark.
The British High Commission and the Proman Foundation are pleased to announce the signing of a Memorandum of Understanding (MoU) to increase the number of prestigious Chevening Scholarship awards offered to Trinidad and Tobago nationals.
Rum and Sargassum Inc. presented their innovative solution for a low cost, sustainable transportation fuel source at the T&T Energy Conference 2025
Keynote address by Dr. Dax Driver, President and CEO, Energy Chamber of T&T
4th Annual Southern Africa Oil & Gas Conference
Century City Conference Centre, Cape Town, South Africa
19 & 20 March 2025
In Trinidad and Tobago, we’ve often hear the statement “there are over 1 million cars on the road”. This refers to the number of registered cars in the country and does not take into account deregistration or inoperable vehicles. Over the last decade however, over 213,000 vehicles have been registered and yet fuel sales have declined.
Three years ago, the Energy Chamber established the Innovation and Technology Challenge, a segment at its T&T Energy Conference which spotlights innovative projects, services or technologies which can expedite and improve the way things are done within the sector. The Challenge attracts submissions from T&T and the region, and this year 17 submissions were received. Of these, 5 finalists were selected by an expert panel of judges prior to the start of the conference, and each presented their projects to delegates attending the event.
The divestment of SPDC aligns with Shell’s intent to simplify its presence in Nigeria through an exit of onshore oil production in the Niger Delta and a focus of future disciplined investment in its Deepwater and Integrated Gas positions.
bp has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta.
JERA Co. Inc. and bp have announced the leadership team of their planned 50-50 offshore wind joint venture, JERA Nex bp. The new entity will be a leading global offshore wind developer, owner and operator and will be led by CEO Nathalie Oosterlinck, currently serving as CEO of JERA Nex