Busi­ness groups across the coun­try con­tin­ued to hail the news that the Unit­ed States gov­ern­ment had grant­ed a li­cence al­low­ing T&T to de­vel­op Venezuela’s Drag­on Gas Field.

“The game chang­er.” That is how Guyana’s Min­is­ter of Nat­ur­al Re­sources Vick­ram Bhar­rat has de­scribed that coun­try’s gas to en­er­gy project.

EU am­bas­sador to T&T Pe­ter Cavendish, has hit the head­lines of sev­er­al na­tion­al news­pa­pers and did sev­er­al one-on-one in­ter­views with this news­pa­per in re­cent months cov­er­ing a num­ber of top­ics. With the En­er­gy Con­fer­ence in town, it’s a good time to re­flect on the EU’s sig­nif­i­cant role in our en­er­gy tran­si­tion.

The en­er­gy sec­tor has a new play­er. Her name is Michelle des Etages and she is the CEO of Re­nais­sance En­er­gy Ltd, a small, ma­ture but vi­able oil field in south Trinidad.

Since Oc­to­ber last year Ukraine has sus­tained more than a dozen mis­sile and drone at­tacks tar­get­ing most­ly en­er­gy in­fra­struc­ture, Am­bas­sador of Ukraine to T&T Sergiy Kys­lyt­sya, the per­ma­nent rep­re­sen­ta­tive of Ukraine to the Unit­ed Na­tions told the Busi­ness Guardian mag­a­zine.

More in­no­va­tors need to step for­ward as T&T will seek to ex­plore op­por­tu­ni­ties for de­car­bon­i­sa­tion.

Guyana is open to work­ing with the re­gion and in­deed the rest of the world in a bid to help de­vel­op its bur­geon­ing en­er­gy sec­tor.

For T&T to nav­i­gate this com­plex en­er­gy fu­ture sev­er­al fac­tors need to be tak­en in­to con­sid­er­a­tion, in­clud­ing how hy­dro­car­bons are de­vel­oped and ef­fi­cient­ly mon­e­tised.

As the glob­al en­er­gy sec­tor be­comes more com­pet­i­tive T&T needs to move faster in en­sur­ing it can re­al­ly of­fer what in­vestors need.

T&T and Venezuela make a per­fect pair when it comes to the glob­al en­er­gy stage, En­er­gy Min­is­ter Stu­art Young be­lieves.

Her­itage Pe­tro­le­um is liv­ing up to its man­date of sus­tain­able de­vel­op­ment, eco­nom­ic sta­bil­i­ty, preser­va­tion of the en­vi­ron­ment, and so­cial re­spon­si­bil­i­ty, chief ex­ec­u­tive of­fi­cer Ar­lene Chow has said as she told the Busi­ness Guardian that the com­pa­ny is hav­ing a busy year so far.

How­ev­er, last week the in­vest­ment bank­ing sec­tor in Ja­maica found it­self with ma­jor ques­tions to an­swer when news broke that the fastest man in his­to­ry Us­ain Bolt could not find US$12.7 mil­lion which had been in his ac­count at the Kingston-based pri­vate in­vest­ment firm Stocks and Se­cu­ri­ties Lim­it­ed.