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Minister of Energy and Energy Industries Franklin Khan believes that more needs to be done to ensure that the government earns its fair share of revenue from the exploitation of T&T's hydrocarbon resources.

Saturday, December 25, 2010

CAIRO— Core OPEC ministers said on Friday they saw no need to supply the world with more crude as oil prices traded near a two-year high and some consumers said they fear a rally above $100 per barrel would spur inflation.

Saturday, December 25, 2010

DES MOINES, Iowa— Increased commodity prices and strong demand have sent prices of farmland skyrocketing, making it more difficult for young and beginning farmers to get established but strengthening the balance sheets for those who own the land.

Saturday, December 25, 2010

Overall Market activity resulted from trading in ten securities of which seven advanced, one declined and two traded firm. Trading activity on the First Tier Market registered a volume of 129,090 shares crossing the floor of the Exchange valued at $1,456,686.39.

Saturday, December 25, 2010

WASHINGTON—Stymied in Congress, the Obama administration is moving unilaterally to clamp down on power plant and oil refinery greenhouse emissions, announcing plans for developing new standards over the next year.

Friday, December 24, 2010

PALOICH, Sudan — The pipelines run through the north. Most of the oil is in the south. That may explain why Akuoc Ten Diing and five other Southern Sudanese officials were treated to a 10-day, all-expense paid tour of China’s domestic oil industry this fall.

Friday, December 24, 2010

LONDON—The Irish government gained court approval Thursday to nationalise Allied Irish Banks, the fourth bank taken over by Ireland amid a financial crisis brought on by speculative real estate lending.

Friday, December 24, 2010

Sonde Resources, previously known as Canadian Superior, agreed to sell its interest in an oil block off the east coast of Trinidad to Niko Resources for $87.5 million, newspaper and wire services reported on yesterday.

Friday, December 24, 2010

As T&T buckles under the weight of a global recession, many local consumers are searching in vain for low cost Guyanese blended rum for the Christmas season.

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