Trinidad and Tobago ranks among largest CO2 emitters per capita in the world. This is principally attributed to the concentration of heavy industries operating within the nation and its comparatively small population size. Nevertheless, the country's absolute contribution to global carbon dioxide emissions remains below 0.1%, much smaller than the major emitters such as the China (32%), USA (12%) and India (7%).
Touchstone Exploration has announced that it successfully closed the previously announced acquisition of 100 percent of the share capital of Shell Trinidad Central Block Limited (STCBL)
D2F Technical Services recently announced that it has achieved over 5 years of incident free E&I MSA services. According to the company, it excited 6 TARs without an incident with over 50 employees at peak load.
The United States has begun to roll back several energy subsidies and incentives approved under the previous administration's Inflation Reduction Act (IRA). Notably, there has been slashes to renewable energy and green hydrogen incentives while tax credits related to carbon capture and sequestration appear to have been preserved. Eliminating the credits for renewable energy projects and green hydrogen projects in the US can potentially signal more attractive investments for these types of projects in other jurisdictions.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with executives from the Ministry of Energy and Energy Industries met with Dr. Jenifer Neidhart de Ortiz, Chargé d’Affaires and other senior officials from the U.S. Embassy in Trinidad and Tobago.
The Gross Domestic Product (GDP) of a country is the market value of all the final goods and services produced within a country's borders. For the most part, it is one of the most widely used indicators to measure the size and the performance of a country’s economy. GDP per capita simply divides the GDP by the size of the population. It is a measure of a country's economic output per person and serves as an indicator of the average standard of living and economic well-being of each person. In this instance, the data is adjusted for purchasing power parity.
Perenco T&T Limited has announced the successful drilling of the Onyx well and sidetrack in the eastern part of the Onyx field. The two legs encountered significant columns of natural gas in two separate geological compartments.
Trinidad and Tobago is on the verge of a significant renewable energy achievement with the upcoming completion of the Brechin Castle Solar Farm, the largest solar project in the region. Located on 238 hectares of land northeast of Point Lisas, the solar farm is a joint venture between BCSL (Brechin Castle Solar Farm Ltd)—a partnership comprising bpTT, Shell, and the National Gas Company of Trinidad and Tobago Limited—and Grupotec, the Spain-based EPC contractor leading the construction.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries; Ms. Karinsa Tulsie, Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries; and Mr. Marc Rudder, Deputy Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries met with the heads of all energy related state enterprises.
It is well known that natural gas production in Trinidad & Tobago has been on a downward trend for over a decade. This obviously means that the volume of natural gas consumed or processed has also declined. In 2015, the country utilized natural gas at a rate of just over 3.5 bcf/d but in 2024 this reduced to just 2.4bcf/d.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries, met with a delegation from the Department for Energy Security and Net Zero of the United Kingdom led by Minister Kerry McCarthy, Parliamentary Under Secretary of State for the Department for Energy Security and Net Zero. The meeting took place on 7th May 2025 at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head Office, Port-of-Spain.
EOG Resources recently released their Q1 results for 2025. In the report, the company indicated that it made an oil discovery at the Beryl well in the TSP Deep Area off Trinidad's east coast.
Trinidad and Tobago’s offshore oil and gas sector typically generates more attention on the onshore sector. This is not surprising as the offshore sector produces about 65% of the country’s crude oil production and 98% of the natural gas production. It also generates the high value contracts and exciting opportunities for contractors which make international industry news.
The Energy Chamber of Trinidad & Tobago has noted the Prime Minister and Minister of Energy’s statements on the possibility of securing gas resources in Grenada.
The Energy Chamber of Trinidad & Tobago extends congratulations to Hon. Dr. Roodal Moonilal on his appointment as the Minister of Energy and Energy Industries. We look forward to collaborating closely with the incoming Minister on behalf of our 400 member companies, as we seek to build a resilient energy sector that delivers value for the people of Trinidad & Tobago.
Rig count is a standard measure of activity in the oil and gas industry. It refers to the number of active drilling rigs in operation at any given time. It is a key indicator for the health of the industry and also a good indicator for future production, investor confidence and the demand for energy support services, especially for drilling-related services and provision of equipment.
Subsea 7 has announced that the Subsea Integration Alliance (SIA) was awarded the engineering, procurement, construction, and installation (EPCI) contract for the bp Ginger project, offshore Trinidad and Tobago.
The Energy Chamber of Trinidad & Tobago extends congratulations to the Honourable Kamla Persad-Bissessar S.C. and the United National Congress on their victory in the 2025 Trinidad & Tobago general election.
Perenco has announced the successful conclusion of the UK’s first Carbon Dioxide (CO2) injection test for Carbon Capture and Storage (CCS). The test involved the injection of CO2 into a depleted natural gas reservoir in the UK’s Southern North Sea, marking a major milestone for Project Poseidon and the UK’s broader decarbonisation strategy.
Vice President of Guyana, Hon. Dr. Bharrat Jagdeo in a recent press conference, indicated that the Guyanese government is willing to explore the feasibility of exporting natural gas to Trinidad and Tobago for processing.