Gas production and processing has grown in importance in recent years and is now undisputedly at the centre of Trinidad and Tobago’s economy, accounting for almost 90% of the energy sector. Key upstream gas producers include BP T&T (BPTT), BG Group and EOG Resources Trinidad.
The Caribbean island state of Trinidad and Tobago is no newcomer to the oil and gas business. It has been producing hydrocarbons for more than a century, with commercial production of crude oil dating back to 1908. Although a small country, and comparatively speaking a small producer, its long and rich experience in the industry has helped the country punch above its...
In a country with over 60% of its electricity generation capacity powered by hydroelectric plants, renewable energy is no novelty in Panama. However, the need to diversify the generation base has led to interest in other technologies, especially wind and solar. Panama has good resources available for both. The average annual sum of global horizontal irradiance for the...
With a vision to turn Panama into an energy hub, the new administration is looking to strengthen the existing electricity and hydrocarbons market and its infrastructure, using both public and private investment, to place the country in the region’s spotlight. Multimillion-dollar investments in fossil fuel power generation, network infrastructure and renewables are in the...
At a time when miners around the world are pulling back capital expenditures, which is in turn limiting production growth, investment is pouring into Peru and fuelling what may become a copper boom. Several large-scale copper projects – often called megaproyectos in Peru – are due to begin production between 2015 and 2017. These projects have the...
The growth of the mining sector, driven by a sharp rise in commodity prices, spurred Peru’s economy to the fastest sustained growth rate in Latin America during much of the past decade. The sector drew in billions of dollars in investment and drove the emergence of a new middle class with levels of disposable income that had never been achieved in Peru.
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