Is The Caribbean Ready For An Oil Boom?
As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery. While Trinidad and Continue Reading
Ex-Hess executive to lead restart of idled Caribbean refinery
The owners of an idled oil refinery in the U.S. Virgin Islands that once ranked among the world’s largest have hired a former Hess Corp executive closely acquainted with the Continue Reading
Oil seen flowing onshore in Jamaica
Oil was found flowing naturally for the first time ever onshore in Jamaica at two locations in what could be a door opener in the Caribbean, companies said. Two companies, Continue Reading
Hurricane Irma Prompts Oil Storage, Port Shutdowns
Hurricane Irma has prompted the shutdown of at least two oil storage complexes in the Caribbean, with a combined capacity of 18.6 million barrels, S&P Platts reports. One of these, Continue Reading
Factbox: Oil companies operating in the Caribbean brace for Hurricane Irma
Energy infrastructure in the Caribbean was being shut down due to Hurricane Irma, even as recovery operations from storm Harvey were under way. NuStar Energy said its Statia terminal in Continue Reading
The Caribbean Is Poised To Become The Next Major Oil Region
In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the Continue Reading