What a week it has been! The coun­try has had the en­cour­ag­ing news of two ma­jor nat­ur­al gas dis­cov­er­ies, in what ex­perts say could mean some­where be­tween 5 and 7 tril­lion cu­bic feet of nat­ur­al gas, and on the oth­er hand we have had the an­nounce­ment by Yara Trinidad Ltd (YTL) that it is clos­ing its am­mo­nia plant at Point Lisas.

There is good news for Trinidad and To­ba­go, as the coun­try’s nat­ur­al gas re­serves slight­ly im­proved in 2018 al­though al­most 1.3 tril­lion cu­bic feet of gas (tcf) was pro­duced last year.

CEO of At­lantic LNG Dr Philip Mshel­bi­la has con­firmed that the com­pa­ny will be ex­tend­ing the life of Train One.

BPTT’s re­gion­al pres­i­dent Claire Fitz­patrick has ex­pressed that BP is still work­ing on fill­ing the gap in gas pro­duc­tion af­ter its failed in­fill drilling pro­gramme ear­li­er this year.

Paladee made the state­ment yes­ter­day dur­ing the of­fi­cial open­ing of the Pen­ny­wise Plaza lo­cat­ed along the Narsa­loo Ra­maya Marg Road in Ch­agua­nas.

En­er­gy Min­is­ter Franklin Khan says that rur­al ser­vice sta­tions serve an im­por­tant eco­nom­ic func­tion and they are a ne­ces­si­ty.

BP Trinidad & To­ba­go (BPTT) has an­nounced that it has made a gas dis­cov­ery with the Gin­ger ex­plo­ration well, off­shore Trinidad.

There has been rapid growth in the pur­chas­ing of and con­ver­sion to Com­pressed Nat­ur­al Gas (CNG) ve­hi­cles. This is ac­cord­ing to NGC/CNG pres­i­dent Cur­tis Mo­hammed.

A mu­si­cal and yet com­i­cal clash be­tween po­lit­i­cal par­ties and in­de­pen­dent can­di­dates as Lo­cal Gov­ern­ment Elec­tions heat up to the race on De­cem­ber 2.

To­bag­o­ni­ans are ex­pect­ed to be ben­e­fi­cia­ries of strength­ened con­sumer pro­tec­tion and ed­u­ca­tion ac­tiv­i­ties fol­low­ing the re­cent sign­ing of an agree­ment be­tween the To­ba­go House of As­sem­bly (THA) and the Min­istry of Trade and In­dus­try.

T&T is eco­nom­i­cal­ly sit­u­at­ed in a place where it should be do­ing much bet­ter than it is cur­rent­ly do­ing when it comes to the ease of do­ing busi­ness. This ac­cord­ing to the ex­ec­u­tive di­rec­tor of the Mona School of Busi­ness and Man­age­ment in Ja­maica, Dr David McBean.

Methanol Hold­ings (Trinidad) Lim­it­ed (MHTL), a mem­ber of the Pro­man Group of Com­pa­nies, yes­ter­day an­nounced the com­ple­tion of a TT $1 bil­lion term fa­cil­i­ty. The term fa­cil­i­ty bears in­ter­est at a rate of 5.50 per cent per an­num for the first 18 months, a state­ment from the com­pa­ny said.