Not all Petrotrin workers getting nice packages

The no­tion that every Petrotrin em­ploy­ee will go home with hun­dreds of thou­sands of dol­lars is a fal­la­cy, ac­cord­ing to sev­er­al work­ers who have al­ready col­lect­ed their ter­mi­na­tion let­ters.

Em­ploy­ees said yes­ter­day that their sep­a­ra­tion pay­ments can­not last any sig­nif­i­cant time, as they have out­stand­ing loan and mort­gage pay­ments lead­ing up to their re­tire­ment.

Gov't announces new companies to replace Petrotrin

Petrotrin is no more. The two companies coming out of the defunct State enterprise are Heritage Petroleum Company and Paria Fuel Trading Company.

Heritage Petroleum is the new exploration company while Paria Fuel Trading will handle fuel logistics and the energy trading aspect of the business.

The company began its roll out of the new companies even as the matter of its injunction appeal is still to be substantively read out in the Court of Appeal.

The Industrial Court sanctioned injunction had been lifted for just one week last Wednesday.