Trinidad & Tobago

An increasing amount of commercial transactions are moving online, while digital technologies are affecting every facet of the traditional economy. This has provided businesses with new channels through which to reach existing clients, as well as new opportunities for expanding their market share. For consumers, the ever-expanding digital economy promises not only greater...

A number of recent oil and gas discoveries in Trinidad and Tobago bode well for the energy industry over the medium term, with the country well positioned to attract further investment from international operators. This comes at a time when energy multinationals are increasingly turning their interests to the Caribbean region, buoyed by an uptick in similar discoveries in...

In December 2018 Petrotrin – Trinidad and Tobago’s state-owned oil and gas company – completed a major restructuring drive, aimed at streamlining the company’s operations and cutting costs. While the move resulted in major job losses and faced opposition, it was seen as essential, both in order for the company to regain profitability and for the country to successfully revamp...

With an energy system entirely dependent on natural gas, the transition to cleaner energy generation has emerged as a pressing priority in Trinidad and Tobago. Indeed, per capita carbon emissions from energy-related activities in T&T are nearly 2.5 times greater than the world average, according to the Inter-American Development Bank.

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by...