PORT OF SPAIN, Trinidad – Energy giant, bp, has awarded a significant drilling contract to the Cayman Islands-based offshore drilling contractor for the oil and gas industry, Noble Corporation for work in Trinidad and Tobago.
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CASTRIES, St. Lucia – Prime Minister Phillip J Pierre says he so far has not yet decided against changing the annual estimates to be presented to the Parliament next week despite the ongoing war in the Middle East and the resultant global increase in the price of gas and oil.
BRIDGETOWN, Barbados – The Central Bank of Barbados (BB) Monday said it has delayed the live implementation of its BiMPay Go payment project following a thorough assessment of interoperability testing progress across all nine participating institutions.
NASSAU, Bahamas - The Bahamas government says the ongoing war in the Middle East involving the United States, Israel and Iran has disrupted one of the world’s most important energy transit points, through which a large percentage of global oil and liquefied natural gas shipments normally pass
KINGSTON, Jamaica - The Jamaica government says the annual carnival celebrations have become an economic engine generating billions of dollars for the local economy.
ST JOHN’S, Antigua – The Ministry of Agriculture is moving to modernise the country’s farming sector with the arrival of new heavy-duty equipment and the upcoming opening of a high-tech plant laboratory in Bethesda.
KINGSTON, Jamaica – Finance Minister Fayval Williams, has sought to assure the public that Jamaica is well positioned to manage fluctuations in global oil prices stemming from the ongoing conflict in the Middle East.
BRIDGETOWN, Barbados – The CARICOM Private Sector Organization (CPSO) says it welcomes the recent announcement by the Egypt-based African Export-Import Bank’s (Afreximbank) to increase its investment commitment to the Caribbean.
NASSAU, Bahamas – Prime Minister Phillip Davis says a modern energy system is necessary for The Bahamas, given its ability to grow and compete.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago government says it has approved a production sharing contracts for two offshore blocks with the state-owned China National Offshore Oil Corporation (CNOOC).
NASSAU, Bahamas – The Bahamas government Wednesday said that one of the immediate impact of the ongoing conflict in the Middle East involving Iran, Israel, and the United States will be an increase in oil prices.
KINGSTON, Jamaica – The Planning Institute of Jamaica (PIOJ) Tuesday said that there has been a 7.5 per cent contraction of the local economy during the period October to December last year, relative to the corresponding quarter of 2024.
BRIDGETOWN, Barbados – President of the Barbados-based Caribbean Development Bank, (CDB), Daniel Best, Tuesday expressed concern that the region may not achieve the gross financing need of US $65.2 billion by 2030 to prevent stagnation.
