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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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Energy companies revisit plans

FALLING oil prices have forced several local energy sector service companies to revisit their project plans for next year. During an Energy Chamber meeting held at Cara Suites Hotel, Claxton Bay yesterday, representatives from various companies told energy heads of...

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Scotiabank lends Touchstone US$50m

Aleem Khan Toronto-listed Touchstone Exploration Inc  announced that two of its indirect wholly-owned Trinidad subsidiaries, Touchstone Exploration (Trinidad) Ltd and Primera Oil and Gas Limited, have “entered into an agreement with The Bank of Nova Scotia, as...

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Energy Minister: Gas supply to improve slightly in 2015

by Aleem Khan A slight improvement in gas production in T&T is expected in 2015, Energy and Energy Affairs Minister Kevin Ramnarine forecast at a Petroleum Economist hydrocarbon strategy forum at the Hyatt Regency in Port of Spain. “Last year we did say that there...

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