Big natural gas find off Trinidad

(Trinidad Express) BP Trinidad and Tobago (bpTT) has made an estimated 1 trillion cubic feet (tcf) natural gas discovery off Trinidad’s south east coast, the company said in a release on Monday.

The UK-headquartered energy giant is the largest producer of natural gas in the country, with 54.88 per cent of market share in 2011.

bpTT’s parent company BP made the announcement on Monday in London, England, during a meeting between Energy Minister Kevin Ramnarine and Trinidad and Tobago’s High Commissioner to London, Garvin Nicholas and BP representatives, among them Executive Vice President–Production Bob Fryar, Executive Vice President—Developments Bernard Looney and bpTT President Norman Christie.

“This is exciting news for both bpTT and the industry since this represents the largest discovery for bpTT since 2005,” said Christie.

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Big battle set for key Clico beachfront property in T&T

(Trinidad Guardian) Battle for No Man’s Land. That is what is shaping up on all fronts—from Government to the Clico owners of the property—as the spotlight continues to increase on one of the last pristine pieces of beachfront in the English-speaking Caribbean.

Cristina Fernandez

Former Argentina leader slams corruption probes as political plot

EL CALAFATE, Argentina (Reuters) – Facing corruption probes that threaten to land her behind bars, former Argentine President Cristina Fernandez described her growing legal troubles as part of a “persecution” of progressive Latin American leaders that has boosted the right in the region.

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Venezuela opposition leader Lopez awaits appeal verdict

CARACAS (Reuters) – An appeal hearing into Venezuela’s most prominent jailed opposition leader Leopoldo Lopez ended yesterday, with he and supporters saying the nearly 14-year sentence for inciting violence should be immediately overturned.

Christine Lagarde

IMF’s Lagarde to stand trial in Tapie case

PARIS, (Reuters) – France’s highest appeals court ruled yesterday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.

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Sagicor moving from Barbados to Bermuda

(Barbados Nation) Sagicor Financial Corporation has officially moved its headquarters to the British oversees territory of Bermuda after more than 100 years in Barbados in its previous incarnation as The Mutual.

Health Minister Terrence Deyalsingh

Dengue strikes T&T health minister

(Trinidad Express) Health Minister Terrence Deyalsingh revealed yesteday that his recent and sudden hospitalisation was due to dengue. Deyalsingh was admitted to the Port of Spain General Hospital (POSGH) on July 13 after experiencing a two-day history of fever and fatigue.

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