Stuart Young, Trinidadian energy minister
Trinidad and Tobago pushes for revival in upstream fortunes
Woodside, BP and Shell are among the companies actively pursuing gas developments in the country’s waters
Trinidad and Tobago appears to be having success in attracting renewed upstream investment, although it will likely still be some time before sufficient additional production comes online to alleviate the country’s gas feedstock supply issues. And the island nation is also keen to emphasise that recent US sanctions on Venezuela still leave room for the development of the Dragon gas field, which is integral to Trinidad and Tobago’s plans to shore up its LNG industry. Executives from Australian LNG giant Woodside met the Trinidadian authorities earlier in May to discuss the Calypso development. Stuart Young, minister of energy and energy industries, issued a statement saying that “both parties
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
