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Methanol Holdings to Close Two Plants

March 8, 2017, Oil and Gas Journal – Global methanol prices could rise following a report from Methanol Holdings (Trinidad) Ltd. (MHTL) that it will shutter two of its methanol plants in Trinidad and Tobago because of ongoing natural gas curtailments in the Caribbean twin-island nation. The announcement comes in the midst of protracted negotiations…

BP Anounces Major Find

BP-Press Release June 2, 2017 – BP Trinidad and Tobago (BPTT) today announced that it has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad. The results of these wells have the potential produce to approximately 2 trillion cubic feet (tcf) of gas. The Savannah exploration well was drilled in…