US sanctions block key Trinidad-Venezuela oil field project

Trinidad’s Prime Minister, Dr Keith Rowley, has said that the country is to withdraw from jointly developing with Venezuela the Loran-Manatee natural gas field which straddles the two country’s maritime borders. Addressing the Trinidad and Tobago Energy Conference 2020 on 3 February, Rowley said that US sanctions on Venezuela’s state-owned oil and gas company PDVSA […]

Pompeo’s meetings in Jamaica divides CARICOM

A visit by the US Secretary of State, Mike Pompeo to Jamaica to meet with eight of CARICOM’s 15 Foreign Ministers and to hold bilateral discussions with Jamaica’s Prime Minister, has divided governments across the English-speaking Caribbean. Prior to the 21/22 January meetings CARICOM’s Chair, Barbados’ Prime Minister, Mia Mottley, sharply rejected the US approach, […]

Maduro says PetroCaribe to be revived this year

The Venezuelan government has said that it intends to revive its PetroCaribe oil programme this year. The mechanism previously offered oil to recipient countries in the Caribbean and Central America on preferential and deferred terms linked to local development arrangements. Speaking on 18 December, the Venezuelan President, Nicolas Maduro, told the closing ceremony of the […]