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US$489m for NGC – Revenue from sale of methanol and DME

The National Gas Company (NGC) could earn between US$234 million to US$489 million from the sale of methanol and dimethyl ether (DME) when a new petrochemical complex to be constructed at Union Estate, La Brea, comes on stream. This estimate was given by Energy...

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Kamla boasts of local energy vigour

PRIME Minister Kamla Persad-Bissessar trotted out some big figures yesterday as she sought to show the Seventh Summit of the Americas this country might be old in the energy game, but will not soon lose its vigour as a producer and exporter of oil and gas....

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What does Shell’s transaction mean for T&T?

Wednesday morning’s confirmation by Royal Dutch Shell that it had agreed to acquire the British Gas (also known as BG) group for £47 billion (US$70 billion or TT$462 billion) is a potential game-changer for the local energy sector. If the transaction is consummated,...

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Strategic Review

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION   8th April, 2015 Trinity Exploration & Production Plc (the “Company” or...

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T&T to make historic transition

Energy and Energy Affairs Minister, Senator Kevin Christian Ramnarine, who may be coming to the end of his term in office considering the possibility of his People’s Partnership (PP) government losing the forthcoming general election, says one of his “ambitions” is to...

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Favourable rating for Petrotrin

State-owned Petroleum Company of Trinidad and Tobago (Petrotrin) has maintained its investment grade rating of Baa3 with a stable outlook from international credit rating agency Moody’s Investors Service following their annual review of the company’s operations in...

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Sale of Surplus Inventory

Trinity, the leading independent E&P company focused on Trinidad and Tobago, today announces the sale of surplus casing and tubing to Rigtech Services Limited, Blanket Security Limited and Well Services Petroleum Company Limited (“Purchasers”) for US$3.5 million....

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