Via The Guardian, a report on how Trinidad and Tobago face a crossroads as oil runs out: In 1930, Trinidad and Tobago produced more than 40% of the British empire’s oil. By the 1970s, the newly independent republic was producing 278,000 barrels of crude oil a day. For a country of just 1 million people, after the collapse of […]
Read more »Via OilPrice.com, a report that the U.S. has granted a license to Trinidad and Tobago To develop a Venezuelan gas field: The U.S. Treasury has granted a license to Trinidad and Tobago, allowing the Caribbean nation to develop a gas field offshore Venezuela and do business related to the gas field with Venezuela’s state oil firm PDVSA, […]
Read more »