AGP Executive Report
Last update: 9 hours agoEnergy Deal: Occidental buys a 10% stake in Exxon’s deepwater offshore Trinidad block, adding momentum for Trinidad’s Atlantic LNG rebuild and petrochemical push. Oil & Gas Ops: Touchstone says two Trinidad wells are now on production and notes Atlantic LNG Train 4 is in a planned maintenance shutdown, with gas flows rerouted during outages. Banking & Finance: N.T. Butterfield & Son agrees to acquire CIBC Caribbean Bank (91.7% stake) in a US$1.794b deal, with plans to list locally in Trinidad and expand digital and cross-border wealth services. Trade & Exports: Trade Minister Satyakama Maharaj says the non-energy push targets higher export and forex generation, backed by stronger public-private coordination and tourism expansion. Agriculture & Food Security: CARDI’s black-eyed peas pilot in Warrenville shows strong local viability, supporting food security and school nutrition plans. Industry Expansion: Sanmerna Paper Products seeks land for a bigger factory to re-enter regional export markets. Tech for Tourism: YTEPP and TIATT discuss using AI and digital tools to boost tourism efficiency, customer service, and training needs. Governance & Appointments: Paria Fuel chair Nyree Alfonzo resigns, ending her tenure at the state-owned energy firm. Regional Policy: Trinidad abstains from CARICOM’s latest Cuba sanctions statement, reserving its position.
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.