Search Result for: petroleum
64 results found.
BP Doubles Trinidad Oil Exploration
By the Caribbean Journal staff British Petroleum said it had been awarded a pair of deepwater oil exploration blocks off the Trinidad coast. The two blocks are off of Trinidad’s eastern coast. BP’s Trinidad operations account for more than half […]
Report: Billions of Barrels of Bahamian Oil
By the Caribbean Journal staff A report by Ryder Scott commissioned by the Bahamas Petroleum Company has found potentially significant oil resources offshore. According to Ryder Scott’s “Competent Persons Report,” which examined newly-acquired seismic data and previous information, even low-end […]
Texaco to Sell Cayman, Jamaica Properties
Following the purchase of 174 gas stations in the Eastern Caribbean by Vitogaz, a subsidiary of French petroleum company Rubis, Texaco is putting its stations in Cayman and Jamaican on the block. The initial deal included stations in 11 countries, […]
Bahamas Continues Solar Push
After a series of blackouts from electrical load shedding, the Bahamian government is working to implement its National Energy Policy with the installation of solar panels. “The majority or the largest consumer of petroleum products in the Bahamas is BEC […]
BP Shuts Down Trinidad Gas Platform to Improve Safety Standards
A BP platform (© BP P.L.C.) British Petroleum, which pumps approximately 60 percent of the natural gas in Trinidad and Tobago, announced that it had shut its Mahogany A offshore drilling platform in order to improve its safety standards. “Since […]
After 20 Years, Bahamas and Cuba Reach Agreement on Maritime Border
Photo Source: NASA Visible Earth Following 20 years of negotiations, the Bahamas and Cuba have reached an agreement on their maritime border, according to Minister of Foreign Affairs Brent Symonette. Symonette would not confirm when the matter would definitively be […]
Fugro to Perform Bahamas Oil Survey
Global oil services firm Fugro will perform a high-resolution seabed survey of the licence areas belonging to the Bahamas Petroleum Company. The company has already performed a two-dimensional seismic program of its licences, which cover 15,676 square kilometers. “We are […]
Trinidad, Ghana Partner on Natural Gas
Trinidad and Tobago’s state-run National Gas Company has been tapped by the Ghana National Petroleum Corporation to supply energy for power plants in Ghana. “NGC is breaking new ground as it is the first state company to be extending its […]
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