Featured
The most important discussion on Caribbean energy
The National Gas Company of Trinidad and Tobago Limited (NGC)has announced the completion and execution of a new Gas Sales Contract (GSC) with Point Lisas Nitrogen Limited (PLNL) that guarantees the continued supply of natural gas to PLNL. The agreement represents a significant milestone for both organisations following a period of constructive engagement aimed at arriving at terms that advanced the interest of both entities.
The Cabinet of Trinidad and Tobago has approved the award of production-sharing contracts for offshore Blocks 24 and 25 to the China National Offshore Oil Corporation (CNOOC).
Shell has entered into several oil and gas agreements with the Venezuelan government, according to reports from Reuters. The agreements cover opportunities in both offshore gas and onshore oil and gas sectors.
Global carbon capture, utilisation, and storage (CCUS) deployment is projected to expand significantly over the next decade, with the steepest growth expected before 2030. Based on project-level data from the International Energy Agency (IEA) CCUS Projects Database 2025, cumulative operational carbon capture capacity could rise from just over 100 MtCO₂ per year in 2025 to more than 1,200 MtCO₂ per year by 2030, and approximately 1,370 MtCO₂ per year by 2035, assuming currently announced projects come online as scheduled.
