Search Result for: petrol

69 results found.

Licence Renewed for Bahamas Petroleum Company Oil Exploration, Company Says

By the Caribbean Journal staff The Bahamas’ government has renewed the oil exploration licence for offshore oil firm Bahamas Petroleum, the company announced in a statement Monday. The licences were renewed as of Sept. 7, and the company has been […]

Bahamas Petroleum Company, in Survey, Finds Supergiant Structures

By the Caribbean Journal staff The Bahamas Petroleum Company, which has offshore license permits in the Bahamas, said it had found structures similar to the so-called supergiant structures of the Gulf of Mexico and the Middle East. “What is most […]

Bahamas Petroleum Company to Begin Offshore Drilling in 2012

The Bahamas Petroleum Company is planning on beginning drilling in 2012, according to BPC CEO Dr. Paul Crevello. “We are working towards a drilling well next year sometime,” Crevello said yesterday. “We know the government is working towards getting regulations […]

guyana hilton hotel

Guyana’s Oil Discoveries Are Making It the Caribbean’s Next Big Investment Frontier

Discovery of offshore oil and gas is a major event for Guyana and for the global oil and gas industry, making Guyana, is a small island nation with a population of just over 750,000 people, one the hottest offshore regions […]

st thomas marriott westin resort

St. Thomas’ New Marriott Resort Is Powered by Clean Energy

By Alexander Britell It’s the biggest new resort project in the US Virgin Islands, and the new Frenchman’s Reef dual-property destination resort is unique in another way: it’s powered by clean energy. The Marriott resort, which is opening soon and […]

caribbean cruise revenues

Op-Ed: Rethinking Caribbean Cruise Port Revenues

By Robert MacLellan CJ Contributor Can tourism-dependent Caribbean governments learn something from oil producing countries? When relatively small and poor oil producing governments sought to get a fair price for oil – their main source of national revenue – they […]

jamaica ritz carlton

How Jamaica Is Changing the Global Conversation on Sustainable Tourism

By Alexander Britell and Guy Britton Tourism isn’t just the beating heart of the Caribbean economy — it’s one of the largest economic sectors on earth. And in an age of increasing global challenges, that means the continued sustainability — and resilience […]

Jamaica’s Big LED Street Light Project

The Caribbean Development Bank has approved $25 million in funding to replace existing street lights in Jamaica with high efficiency LED lamps. The project facilitate the replacement of approximately 105,000 high pressure sodium and mercury vapor streetlights. “Street lights are […]

Grenada

Grenada to Begin Search for Oil

Grenada has announced its intent to begin searching for oil in its waters. Grenada Prime Minister and Minister of Energy Dr. Keith Mitchell announced the endeavor in a national address last week following tributes from IMF, World Bank, CDB and […]

Grenada Gets Grant for Geothermal Development

The Caribbean Development Bank has approved a grant of around $231,000 to Grenada for geothermal energy development. The resources–coming from the Global Environment Facility, through the Inter-American Development Bank’s Sustainable Energy Facility–will go towards the planning and implementation of its […]

refinery aruba

Major Caribbean Oil Refinery to Reopen

A major Caribbean oil refinery is set to reopen. CITGO Aruba and the Aruban government have executed a commercial agreement that will reopen one of the Caribbean’s largest oil refineries in San Nicolas, Aruba. The signing ceremony for the agreement […]

The Jamaica-Trinidad Relationship

By Dennis Chung CJ Contributor The recent impasse between Jamaica and Trinidad, arising out of the latest round of Jamaicans being not only denied entry to Trinidad but being detained in less than acceptable circumstances, has once again raised the […]

A New Caribbean Center for Green Energy

By the Caribbean Journal staff The Caribbean Centre for Renewable Energy and Energy Efficiency has officially opened its doors in Barbados. Barbados Prime Minister Freundel Stuart was on hand to inaugurate the facility, which is located at the Lloyd Erskine […]

Could the “Singapore Experience” Have Happened in Trinidad?

Above: Port of Spain (CJ Photo) By Paul Hay CJ Contributor Lee Kuan Yew, Singapore’s first Prime Minister, died on 23 March 2015; and on 29 March 2015, the Straits Times published an article titled “The Singapore That Lee Kuan […]

Barbados Signs Oil Exploration Agreement With BHP Billiton

Above: Barbados (CJ Photo) By the Caribbean Journal staff The Caribbean continues to look for oil off its shores, and now Barbados is continuing its exploration with a new agreement. The country announced this week that it had signed two […]

The Caribbean’s Energy Potential

By Jorge Familiar CJ Contributor ENERGY SECURITY is at the top of the agenda for Caribbean leaders and it has been for some time. With an average cost of electricity four times higher than in rich nations such as the […]

How Does the Oil Price Decline Affect the Eastern Caribbean?

By Runy Calmera Op-Ed Contributor Oil prices have decreased considerably from above US 100,- a few years ago to almost $40 USD. As the Eastern Caribbean islands are heavily dependent on imports of oil, in this short article we will […]

Jamaica Begins Oil, Gas Exploration

Above: Group General Manager of the Petroleum Corporation of Jamaica, Winston Watson (JIS Photo) By the Caribbean Journal staff Jamaica has embarked on an oil and gas exploration project, the Petroleum Corporation of Jamaica announced this week. The project, which […]

Op-Ed: Rethinking PetroCaribe

By Jevon Minto Op-Ed Contributor The International Monetary Fund’s Director for the Western Hemisphere Department, Alejandro Werner, warned this week, during a forum held in Montego Bay on Unlocking Economic Growth in the Caribbean, that the likelihood of fallout in […]

Owners of St Croix’s HOVENSA Seek Extension on Sales Agreement

Above: the HOVENSA refinery in St Croix By the Caribbean Journal staff The owners of the HOVENSA oil facility in St Croix have asked for an extension of the agreement governing the sales process for the property, the US Virgin […]

Op-Ed: What’s Putin Putting in Cuba?

By Jaime Suchlicki Op-Ed Contributor THE RECENT visit by Russian President Vladimir Putin to Cuba rekindled memories of the Cold War. In those days, the Soviets used Cuba to challenge and spy on the United States. An electronic eavesdropping facility […]

Major Oil Discovery in Trinidad

Above: Port of Spain (CJ Photo) Spain-based energy firm Repsol recently made what Trinidad’s government is calling a “major” oil discovery. The Ministry of Energy said Repsol had discovered 40 million barrels of oil, which is “already on production and […]

Trinidad, India Talk Energy

Above: the meeting in Moscow By the Caribbean Journal staff Officials from Trinidad and Tobago and India held talks this week on the sidelines of the 21st World Petroleum Congress in Moscow. Trinidad and Tobago Energy Minister Kevin Ramnarine met […]

Nevis Looks to Set Up Refueling Point for Super Yachts

Above: the CLAN VIII Valletta super yacht By the Caribbean Journal staff There are scores of super yachts cross the Caribbean year-round, and they all have one thing in common — they need to refuel. A new pilot project on […]

Op-Ed: The United States and Sugar Policy in the Caribbean

By Isabel Wees Op-Ed Contributor In 2001, President George W Bush launched the Caribbean Third Border Initiative with the countries of the Caribbean “to make sure the benefits of globalization are felt in even the smallest economies.” The Third Border […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

A New Way For Trinidad and Jamaica to Work Together

By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago,  compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]

Hess Sells Oil Terminal in St Lucia

By the Caribbean Journal staff The sale of Hess’ oil storage terminal in St Lucia has been confirmed, the government said Tuesday. Hess CEO John Hess reportedly communicated the news by telephone to St Lucia Prime Minister Dr Kenny Anthony. […]

SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You