Headlines June 2023

STOP PRESS  For recent developments – 1. NGC 2. Trifactor 3. TT Chamber

TRINIDAD 1   : Primera awarded onshore block :  TOUCHSTONE  2022  ONSHORE BID ROUND RESULTS :  Trinity Exploration :  Galeota asset development :  Challenger Energy  :  Awards for onshore exploration : Proman backs bunkering incentives :  HELM Proman Methanol relaunches marketing :  launches foundation with US$1.65m : Duprey ordered to pay US$139m :  NGC collaborates with engineers :  2027 Revival of Atlantic LNG Train :  Unitised liquefaction trains :  Aquaterra drilling riser for Cypre subsea : Scandalous State Squandermania :  Tragedy halts NiQuan operations :  NiQuan and the Energy Ministry launched investigations. :  Energy Chamber urges swift,  probe of NiQuan accident :  Amcham  :  Energy Ministry probes NiQuan fatality :  Ramkissoon Family seeks answers from NiQuan :  No cover-up in probe as OSHA shuts  plant :  PM uncertain if NiQuan report will be made public :  NiQuan communicated with investors :  NiQuan did not report fire to TTFS :  Hazardous History :  Secrecy, the hallmark of corruption : Heritage :  $180,000-plus monthly for CEO :  Fyzabad oil spill : Penal Oil Slick  :  TTMS improving Marine Services :  Energy titans transition towards Sustainability :  Local government reform & economy :  ArcelorMittal plant sold to ISCOTT :  New plan for iron and steel :  TT Iron Steel acquires ArcelorMittal steel plant :  ‘Outdated’ data on Finance Ministry website :  HSF value same as that in 2015 :  rose to US$5.139B in December : Rambarran laments US$913.5m loss :  Inflation down to 6% : Labidco trees of life  :  Appeal Court reserves on gas station  challenge :  $45-$90/month for gratuitous Property Tax :  Economists question growth sustainability :  Unaudited billions of TT$ from revenue :  Wind energy  :  Port efficiency :

TRINIDAD 2  :  NiQuan Report private & confidential :    Pointe-a-Pierre MP demands NiQuan report :  Pipe fitter suffers burns  :  Paria profit up 58.8% :  Labour Day at 50 amid change :  Opposition to review laws for essential services :  Fuel-transport staff should be allowed to strike : Special Achievers Grant BBC World Questions  forum  :BBC Forum :    BBC World Service :  Dynasty leads construction at Coosal’s Group  :

GUYANA 1  :  Exxon coventurers to invest $4 trillion over next five years :  ExxonMobil Annual Report 2022 :  liability insurance :  Court stays order for unlimited guarantee for oil spills :  Court stays order for Exxon :    Modec awards  FPSO contract to PRC shipyard TechnipFMC subsea  project worth up to $1 billion :  Frontera, CGX  :  Well results ‘encouraging’ & costs rise again :  Corentyne discovery a potential game-changer :  Westmount Energy   purchase of Africa Oil Corp :  Energy independence :  GDP to grow by 25.2 per cent in 2023 :  Investors reject  disclosures on Exxon Guyana operations :  Majority of Exxon Shareholders reject oil spill proposals :  G-Boats Guyana launches tugboats for ExxonMobil FPSO :  Sanctity of Exxon contract :

GUYANA 2  : Petroleum Activities Bill  :  Guyana & EU sign EUR$4.6M agreement :  Guyana elected to UN Security Council  :  Local content policy benefits : GUYANA REMAINS A “BRITISH” COUNTRY :

CARICOM  :  Bids for Suriname blocks :  Suriname and the IMF  Extended Fund Facility :  2023 a pivotal year for oil & gas development :  Suriname Energy Summit  :  Energy security  &  regional cooperation :  TTMA at SEOGS 2023  :  USAID launches permanent office :  The UWI St. Augustine :  Visit of WHO Director General :  Guyana joins UN Security Council World Bank :  CDB :  Gates Foundation, Open Society Foundations & Rockefeller Foundation : CDB to Build  Resilience in  Member Countries :  BBC World Questions TT forum :  US regional forensic science centre :  US invests over $100M :  The Bahamas :  TTPM to meet US VP, Caricom leaders  :  Caribcan arrangement extended to 2033 :  IMF- Aruba, Curaçao and Sint Maarten, Barbados & Dominican Republic :

ISABELANA  :  WTI Crude Goes Global :  White House  Red Carpet for Modi : UN adopts historic High Seas Treaty  :  Emissions-reduction efforts must be collaborative :  5.0 earthquake shakes Trinidad and Venezuela :  Melbana mobilises rig  :  Dragon gas :  Firearms and Haiti on VP agenda :  US Congress  bipartisan roadmap for Caribbean :  Amcham hopes for better business conditions :  More talks on Dragon gas field :  T & T suffering from US policy on Venezuela :

HEADLINES May 2023    For Last month’s content and links to earlier months