AGP Executive Report
Last update: 10 hours agoEnergy Outlook: PM Kamla Persad-Bissessar says Trinidad and Tobago’s energy sector is “rebounding” with higher oil production, improved LNG exports and new gas supply deals, with major international firms returning and Point Lisas positioned for growth. Local Content Push: Ernesto Kesar says Government will restart the Local Content Committee after a three-year gap, aiming to boost local participation across the energy value chain. Insurance Deal Scrutiny (US): Delaware’s Insurance Department says it’s reviewing Aquarian Capital’s proposed acquisition of Brighthouse Life via a formal “Form A” process, using outside specialists to protect policyholders. Telecom Labour Standoff: TSTT warns CWU that any industrial action over a disputed 10% wage increase would be illegal as telecommunications is an essential service, while the union insists it will act within the law. Port Workers Backpay Pressure: SWWTU demands about $337m in outstanding backpay and overtime for Port Authority workers and threatens escalation if the PATT Board doesn’t respond by Wednesday. Food/Agri Risk: Nutrien’s Trinidad nitrogen review continues, with third-party site visits expected at Point Lisas as the company evaluates “all strategic options,” including a possible sale. Energy Investment (Regional): XRG says it has entered Venezuela’s offshore Loran gas licence alongside bp and UCC, with the project tied to the Loran-Manatee accumulation spanning the Trinidad and Tobago maritime boundary.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.