Crude oil production in Trinidad and Tobago has experienced a steady decline since its peak in the late 1970s, when the country produced almost 230,000 barrels of oil per day. There was a brief period of substantial increase from 2002 to 2006, but since then, production has fallen sharply from 143,000 barrels per day to just over 50,000 barrels per day in 2025 (average Jan-Mar).

Predator Oil & Gas (Predator) has completed the acquisition of Challenger Energy (CEG) Group's operations in Trinidad and Tobago. CEG’s operations in Trinidad include three onshore producing fields: Goudron, Inniss-Trinity, and Icacos. Across these fields, there are a total of 250 wells, of which approximately 60 are in production at any given time. Within the fields, regular well workover operations are undertaken on the existing production well stock, including well stimulation operations, reperforations, reactivations, and repairs to shut-in wells, as and when appropriate.

Energy-driven economies with small populations often bear the brunt of public criticism for CO2 emissions when people discuss emissions per capita. This metric masks the global contribution of emissions from major economies. When we look at CO2 emissions per capita, we see countries like Qatar, Bahrain, Kuwait, the UAE, Brunei, Trinidad and Tobago, Oman, Saudi Arabia, New Caledonia, and Gibraltar. Of these nations, only Saudi Arabia individually accounts for more than 1% of global CO2 emissions. Trinidad and Tobago, sixth on this list, only accounts for 0.08% of total global CO2 emissions.

United Oil & Gas (United) has announced that it has been granted the Beach licence in Jamaica. This licence enables United to undertake seabed sampling operations within the Walton Morant Basin, offshore Jamaica.