Tag Archives: Petrotrin refinery

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 …

“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 …

I’m a “glass half-full” kind of person, which is why I see the Petrotrin closure as an opportunity for inspired leadership on one hand, and the transformation of our people on the other. Leadership and transformation both require a willingness to change the way we see things. The behaviourists talk …

“So the logical question is: why don’t our governments fix the state enterprise governance system? The answer is partly because it sustains political patronage and corruption, partly because it buys off the trade unions, and partly because of inertia—fixing things that don’t appear to be broken simply isn’t worth the …

“The workers must not however be the only or even the first victims of the collapse and closure of the refinery. “We, the taxpayers need reassurance that the architects of this financial disaster are made to pay a price commensurate with the scale of their failures—be they directors or Cabinet …

It has now been more than a week since it was announced publicly that Petrotrin’s refinery would be closed down. We have been bombarded by information which can be classified as facts, alternative facts and outright fake news. Interpretation of this information has been shrouded in hues of red and …

In the lead-up to the 2015 general elections, the then Leader of the Opposition “went to bed” with the Trade Union Movement and they birthed an agreement. Post 2015, the now Prime Minister has crept away from his partners and abandoned the product of that union. Today, he is in …

“I ask you to recall that in January 2017, in an address to the nation, I invited you to turn your attention to the troubling state of affairs at Petrotrin… “It is with mixed feelings, one of sadness and of resolve that I return to this issue today… Inevitably we …

“The Minister [Marlene Mc Donald] wishes to discourage citizens from taking such irresponsible and injudicious action and in particular to remind Public Service employees that, as a rule, persons employed in the essential services are prohibited from withholding their services whether or not in sympathy with institutions in which they …

At least 1,700 workers are reportedly about to lose their jobs at Petrotrin without reprieve because the money-losing oil refinery at Pointe a Pierre is being shutdown. These workers recently had the benefit of an interim five per cent pay rise conceded in response to strike notice given in January …

I left the oil industry in 1989 because I was impatient with the wait for the VSEP money which was rumoured to be on the way. Since then, citizens of Trinidad and Tobago knew that Trintoc/Petrotrin needed dramatic restructuring; but our politicians continued to use the company as a reward …

As with most of the population, I myself anxiously awaited the official statement from the Board of Petrotrin regarding the future of this historical and economic significant company. To say that I was shocked or taken aback by the announcement of the immediate closure of the Refinery operations and the …