PATRIOTIC Energies and Technologies Limited says it has US$1 billion to restart the Pointe-a-Pierre Refinery. In a release on Saturday it stated, “Arriving at an agreement would allow Patriotic to make its upfront payment of US$500 Million and invest another US$500 Million to restart the refinery.” Patriotic is requesting another meeting with Imbert […]Read More
FOR a third time, the Government has rejected a bid by Patriotic Energies and Technologies Company Limited for the purchase of the Pointe-a-Pierre refinery. Speaking at a post-Cabinet news conference on Thursday, Finance Minister Colm Imbert said that Patriotic has put forward two options which were rejected by the Government. He said the first […]Read More
PATRIOTIC Energies and Technologies Company Limited submits its latest attempt for the purchase of the Pointe-a-Pierre to the Minister of Finance Colm Imbert during the wee hours of Friday. In a release, the Oilfield Workers’ Trade Union (OWTU), which owns Patriotic, stated that its latest response was submitted at 1.42 am on Friday via […]Read More
FUNDING was the reason why the Oilfields Workers’ Trade Union (OWTU)-owned Patriotic Energies and Technologies Company Limited did not acquire the Pointe-a-Pierre refinery. This was revealed during a virtual presser hosted by Finance Minister Colm Imbert and Minister of Energy Franklin Khan on Tuesday. Khan said, “All that Patriotic was able to produce… was […]Read More
By Sue-Ann Wayow IT was disgraceful, destructive and undermining of Opposition Leader Kamla Persad-Bissessar to speak about the proposed bid by Patriotic Energies and Technologies Ltd for the Pointe-a-Pierre refinery in the manner in which she did on Monday night. This is according to Prime Minister Dr Keith Rowley who along with Energy […]Read More
THE Ministry of Energy and Energy Affairs will be continuing with the evaluating of Request for Proposals (RFP) for the use of the Pointe-a-Pierre refinery. In a press release on Monday, the ministry stated that the instructions were given by Prime Minister Dr Keith Rowley. The ministry stated, “On the instruction of the Prime […]Read More
Head of the Oilfields Workers’ Trade Union (OWTU) Ancel Roget is calling on Government to take another look at the Patriotic Energies and Technologies Company Limited proposal for the Pointe-a-Pierre refinery. He was speaking at a news conference at the OWTU head office at Paramount Building in San Fernando on Sunday. Roget said, “We […]Read More
By Sue-Ann Wayow GOVERNMENT has rejected the proposal from Patriotic Energies’s proposal to purchase Petrotrin’s refinery at Pointe-a-Pierre. Patriotic Energies owned by the Oilfield Workers’ Trade Union (OWTU) had been a main negotiator for the purchase of the refinery that ceased operations in 2018. Speaking at a virtual press conference on Saturday, Energy Minister […]Read More
By Sue-Ann Wayow IT would be irresponsible of the Government to sign off on the agreement with Patriotic Energies and Technologies, the company that is expected to take over the refinery at Pointe-a-Pierre before election day. This is a paid political advertisement Energy Minister Franklin Khan said there were still some issues to […]Read More
FISHERMEN and Friends of the Sea (FFOS) says it is patiently waiting for the resumption of a supply of regular gas. In a release on Friday, FFOS congratulated the Oilfield Workers Trade Union (OWTU) in acquiring the Pointe-a-Pierre refinery through his wholly own company Patriotic Energies and Technologies Services Limited. The release referred to […]Read More
