AZP News

Tags : Heritage Petroleum Company Limited

Khan: TT Oil Production to Reach 90,000 bpd in 2020

Minister of Energy Franklin Khan PORT-OF-SPAIN – OIL production in Trinidad and Tobago will increase to more than 90,000 barrels per day (bpd) in 2020. This was the declaration by Minister of Energy and Energy Industries Franklin Khan at the Energy Conference of the Energy Chamber of Trinidad and Tobago on Tuesday. Khan said the […]Read More

Energy Capsule: Heritage Profit a Moot Point

TO see any profit at Heritage Petroleum Company Limited as some vindication for the closure of Petrotrin is really a moot point. The Exploration and Production division of Petrotrin which is now Heritage Petroleum was always a profitable entity. ——————————- The issue that arose in the refinery was the treatment of non-cash items such as: […]Read More

Kevin Ramnarine says Major Oil, Gas Discoveries in South Trinidad

  RIO CLARO – SOUTH Trinidad is on the verge of major oil and natural gas discoveries. This is the prediction of former energy minster Kevin Ramnarine speaking during the United National Congress (UNC) Pavement Report at the Rio Claro Presbyterian School on Wednesday. Ramnarine said when he took up the mantle of minster of […]Read More

Heritage Gets Interim CEO

Arlene Chow   ARLENE Chow has been named the interim chief executive officer (CEO) of Heritage Petroleum Company Limited. This is pending the recruitment of a permanent CEO to replace Mike Wylie who leaves on medical grounds. Chow took up her new position on Monday. In a statement, Heritage said Chow began her career almost […]Read More

Gov’t Replaces Espinet

PORT-OF-SPAIN – THE Trinidad and Tobago Government had removed Wilfred Espinet as the chairman of Trinidad Petroleum Holdings Ltd (TPHL), Heritage Petroleum and Petrotrin. The announcement was made on Thursday at the post-cabinet news conference at the Diplomatic Centre in St Ann’s by Finance Minister Colm Imbert and Energy Minister Franklin Khan. Attorney Michael Quamina, […]Read More

Ramnarine: Change SPT Regime

A former minister of energy in calling on the Trinidad and Tobago Government to change the Supplemental Petroleum Tax (SPT) regime in order to encourage investment in the energy sector. Kevin Ramnarine said, “The Government cannot expect companies to increase oil production while leaving the Supplemental Petroleum Tax regime as it is. “The SPT needs […]Read More

Executive Team in Place at Heritage as CEO Wiley Recovers

AN executive leadership team has been appointed at Heritage Petroleum Company Limited to run the organization while its chief executive officer recovers from medical treatment in the United States. A release on Wednesday from Heritage stated that the executive leadership team (ELT) will manage the company in the absence of CEO Mike Wiley. Wiley has […]Read More

UNC: Where is the Heritage CEO?

  THE Chief Executive Officer (CEO) of Heritage Petroleum Company Limited (HPCL) Mike Wylie is on medical leave and the Opposition United National Congress (UNC) wants to know why? In a release in Thursday, UNC Member of Parliament for Pointe-a-Pierre David Lee called on Minister of Energy Franklin Khan to answer about the wellbeing of […]Read More