Methanex accepts two month gas extension

Methanol Holdings has accepted a two month extension of their natural gas contract with the National Gas Company (NGC), as the parties try to avoid the shutting down of the Titan methanol plant and the sending home of scores of workers.

The announcement was made yesterday by Methanex CEO, John Floren, who said the company continues to work towards a long term gas contract.

In an investor conference call, Floren revealed:

Business community committed to helping end crime crisis

The Chief Executive of the Trinidad and Tobago Chamber of Industry and Commerce says the country needs all hands on deck to deal with the crime crisis.

Gabriel Faria says almost every citizen believes there is a crisis and that something must be done to take back T&T from the hands of criminals.

According to Mr Faria, Team Trinidad and Tobago needs all her players focussing on ending the crime scourge.

“Unless we all have a congruence of goals, we cannot fight the criminal elements in Trinidad and Tobago,” he says.

Chambers & Business Leaders set to collaborate with Tourism Trinidad

Tourism Trinidad Limited recently marked the beginning of a ground-breaking collaboration with Trinidad’s business leaders, with the hosting of a Business Engagement Session with over fifteen (15) business chambers.

The meeting took place on Tuesday January 14 2020, at the Conference Room Level 18, Tower D International Waterfront Centre, Port of Spain.

ODPM boss clears air on flood response

The head of the Office of Disaster Preparedness and Management (ODPM) is seeking to refute claims that there is too much red tape involved in mobilising aid for flood affected areas.

The claim was made by Penal/Debe Regional Corporation Chairman, Dr Allan Sammy, but his statements are puzzling the ODPM head.

According to Major General (Ret) Rodney Smart, resources were immediately made ready for the Corporation and he's now wondering if Dr Sammy understands how the ODPM functions in such cases.

Nigerian appointed new CEO of Atlantic

Effective June 1 2018, LNG producer Atlantic, will transition to a new Chief Executive Officer.

The incumbent CEO, Nigel Darlow, has been at the helm since 2011 and during his tenure, has strengthened Atlantic’s position as a leading global LNG business, with his commitment and drive for excellence.

The company says that before returning to the United Kingdom in July, Darlow will remain in country to support the transition of the incoming CEO.

Julian Rogers appointed acting CNMG CEO; tells staff US$10 million needed to upgrade

Members of staff at state-owned Caribbean New Media Group have been told by newly appointed acting Chief Executive Officer, Julian Rogers, that the company must find US$10 million to upgrade the company.

In a meeting with staff today as he took up the new position, Rogers said there are no plans to close CNMG anytime soon.

He told the staff that for the Government hopes to eventually stop subventions to the State-owned media organisation.

He said the organisation must be in a good position to be divested.