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The most important discussion on Caribbean energy
Venezuela’s oil exports rose to 1.25 million barrels per day in May, marking the country’s third straight monthly increase, according to shipping data and PDVSA records reviewed by Reuters.
The United States was the largest destination for Venezuela crude in May, receiving around 558,000 barrels per day. India received 427,000 barrels per day, while Europe received 169,000 barrels per day.
Gasoline prices increased across most CARICOM markets between July 2025 and May 2026, although the average rise across the region was smaller than the increase in the global average price. Data from GlobalPetrolPrices.com was compiled to show that seven of the eleven CARICOM markets reviewed recorded higher gasoline prices in May 2026 than in July 2025. Four markets recorded lower prices, although in the case of The Bahamas the decline was marginal.
The National Gas Company of Trinidad and Tobago (NGC) signed a new gas sales contract with Methanol Holdings (Trinidad) Limited (MHTL), securing natural gas supply for the largest methanol producer on the Point Lisas Industrial Estate.
Atlantic has announced the appointment of Donnie Brown as its new Chief Executive Officer, succeeding Jean Andre Celestain. Brown assumes the role bringing over three decades of experience spanning both upstream and downstream oil and gas operations.
