I wrote recently about the startling decision of the government to reject the offer of Patriotic Energies and Technologies Limited (Patriotic) to acquire the Petrotrin oil refinery, which the government closed down. When the titular head of the Ministry of Energy, Senator Franklin Khan, announced the sudden rejection, he gave …
Read More »NWU: Heritage about to bite the dust; how gov’t put T&T’s ‘jewel’ back into foreign hands
“The assets of Heritage are in a bad way… Years of poor maintenance has taken its toll. “[…] The recent rupture of tank no 27 in Point Fortin during pressure testing and the resultant flow into surrounding areas of 600,000 gallons of water and some hydrocarbon residue, causing respiratory problems …
Read More »Demming: People are our only resource! Petrotrin axing and vague plans haunt T&T
I drove past the Petrotrin refinery one night and felt the stillness that darkness provides. In my imagination, I saw the stare of thousands of eyes from the darkness. It is now six months since Petrotrin chairman Wilfred Espinet wielded his axe, with the full permission of the current government, …
Read More »Crowne: Copyright and the Privy Council; why AG’s wrong on Petrotrin complaint
The Privy Council decision in Maharaj v Petroleum Company of Trinidad and Tobago Ltd, [2019] UKPC 21 (20 May 2019) has shone a Guaracara-esque spotlight onto Petrotrin’s decision to abandon its $97 million USD claim against Malcolm Jones. According to the Court, based on the evidence available to them, ‘there …
Read More »Daly Bread: Peewats and pharaohs; concerns over Paria secrecy and Venezuela geo-politics
Last week predictably began with more turbulence over the aftermath of the Petrotrin shut down and over one of the successor companies, Paria Fuel Trading Company Limited. Our governments have had marked communications deficits because there is too much attempted secrecy over the process attendant upon deals constantly being made …
Read More »Daly Bread: In ‘wth’ country; Paria Fuel, the President and the Chief Justice
What the hell? Can one set out to sell a State asset by mistake? ‘Wth’ is a milder version of the social media acronym used to express surprise or disgust. It was my response to the Minister of Energy’s implausible media release on Monday last related to the failure of …
Read More »Daly Bread: Failure of ‘govt by giveaway’; T&T’s culture of opportunistic collusion
This column was one of the first among regular commentaries to identify that Government slackness was embracing criminality, and to make dire predictions about where this would lead. The assertion was met with dismay on the cocktail circuit. A well regarded commentator suggested to me that our governments were ‘mooks’ …
Read More »Demming’s memo to ex-Petrotrin workers: “Assess finances carefully… and remember whose fault this is”
Good day, former Petrotrin worker. Today marks the end of life as you knew it for the past whatever number of years you worked proudly for Petrotrin. Today, you awake with an emptiness deep in your soul and a lack of clarity about your future. You are not even assured that …
Read More »Dear Editor: Thema betrayal and Petrotrin collapse are furthering ‘corrosive effect of our trust deficit’
The Thema Williams judgment sits as one more example of corruption among those entrusted to dispassionately look after our best national interests. Brick by brick we dismantle the foundations of trust, essential to the proper functioning of our society. From 2009, when the first local polls tracked the public confidence …
Read More »Anger, anxiety, disbelief, acceptance, nostalgia… Petrotrin employee says ‘goodbye’ for two generations
“I have mixed feelings. Anger, anxiety, disbelief, and acceptance take turns alternating in my mind. Nostalgia. “[…] I remember my first day as a trainee […] being yelled at in front of the entire shop by an older man in my first year, ‘Allyuh ‘oman only trying to take man …
Read More »Daly Bread: A tsunami of grief; moving on from Petrotrin
Two weeks ago, I asserted that the proposed closure of the Petrotrin refinery was a socio-economic earthquake attributable to the State enterprise fault line that runs right through our economy. That earthquake has produced its tsunami. It is a tsunami of grief. The question is this: Do we understand that …
Read More »Dear Editor: Oil and gas is “a waste of the future generation’s patrimony”
“This notion that ‘we have oil’ is a gross misrepresentation of what it cost to get a bbl of oil out of the ground to the point of sale—not to mention that the price you see quoted via international media is not what our oil sells for…” The following Letter …
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