AGP Executive Report
Last update: 3 hours agoOil & Gas / Environment: Trinidad and Tobago is investigating reports of a possible oil spill off its coast after Venezuela alleged a second, larger trans-boundary slick confirmed by satellite imagery. Energy Minister Roodal Moonilal says joint reconnaissance is under way with sea vessels and drones, while state-owned Heritage Petroleum reports no evidence of large hydrocarbon amounts after multi-agency sweeps and monitoring. Sovereign Finance: Moody’s revised T&T’s outlook from negative to stable, keeping the Ba2 rating, citing improved fiscal confidence, debt management steps, and stronger external prospects. Trade & Industry: The Trade, Investment and Tourism Minister outlined a proposed ban on imports made through forced labour, aiming to protect consumers and local SMEs from unfair competition. Business Growth: Canadian BPO SinglePoint raised its T&T investment to $5.1m, adding 11 jobs as it expands nearshore services. SME & Agriculture: NAMDEVCO launched a Tobago Lead Farmer Training Programme cohort under BIOREACH to build farming capacity. Energy Diplomacy: Venezuela granted Shell a licence for the Loran gas field, a project tied to gas development that also intersects with Trinidad and Tobago’s maritime border. Consumer Protection: Finance Minister Davendranath Tancoo defended tighter oversight in the Finance Bill 2026, warning weak product regulation can endanger public health. Capital Markets: West Indian Traders (WIT) extended its IPO to June 22.
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