Current: News


US OIL PRICES NEAR SIX-YEAR LOW

March 18, 2015   PALMYRA, Syria — A member of the Syrian government forces walks next to a well at Jazel oil field, near the ancient city of Palmyra in the east [...]...
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PETROCARIBE NOT DEAD

March 17th, 2015   The Venezuelan Government, amidst its own cash flow turmoil, has committed to strengthen the PetroCaribe agreement with Jamaica, regardless of the price of crude oil. The International Monetary Fund [...]...
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PAULWELL WARNS AGAINST ENERGY COMPLACENCY

March 12th, 2015   Even with the recent significant fall in the price of crude oil on the world market, the Jamaican Government remains committed to increasing its involvement, as well as [...]...
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JAMAICA TO BENEFIT FROM PETROCARIBE INDEFINITELY

March 9th, 2015   Jamaica will continue to enjoy preferential payment terms for crude oil under the PetroCaribe pact with Venezuela “indefinitely”, Phillip Paulwell, minister of science, technology, energy and mining, disclosed [...]...
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