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Fiscal changes see resurgence in investments

Trinidad and Tobago Energy Conference 2015 Highlights. Finance Minister, Larry Howai said the changes to the fiscal regime to make oil and gas investments internationally competitive to attract foreign capital investment have led to resurgence in the domestic energy...

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Ramnarine: Oil production will improve

T&T’s declining oil production will reverse from as early as the first quarter of this year, Energy and Energy Affairs Minister Kevin Ramnarine said in an e-mailed statement. “Based on a preliminary assessment of information, indications are that oil/condensate...

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T&T’s oil production flat in 2014

After breaking a two-year high of 86,020 barrels of oil per day (bopd) in October, T&T has ended 2014 with oil production at 81,100 bopd. “Oil production will end the year at 81,100 (bopd); last year (it) was 81,144 (bopd),” Energy and Energy Affairs Minister...

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‘Regardless of oil price, investment continues apace’

On December 22, Energy Minister Kevin Ramnarine hosted the signing ceremony for the East Brighton Block at his office in Port of Spain. A licence was signed for oil and gas exploration and production with Touchstone of Canada, SOOGL of China and State company...

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Energy companies in T&T: Plans unchanged amid oil slump

by Aleem Khan The three largest oil and gas companies operating in T&T yesterday said their exploration and production plans in 2015 remain intact. The country’s largest oil and gas producers, the UK’s bpTT, Spain’s Repsol and the UK’s BG Group, all told the...

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Scotia in US$50m energy deal

   Scotiabank Trinidad and Tobago Ltd and The Bank of Nova Scotia  have entered into a US$50 million financing agreement with energy companies Touchstone Exploration (Trinidad) Ltd and Primera Oil and Gas Ltd to build on drilling programmes in 2015.  Up to US$15...

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