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Encyclopedia > Petrotrin

Petrotrin, the Petroleum Company of Trinidad and Tobago is the major State-owned oil company in Trinidad and Tobago. The company was established in 1993 by the merger of Trintopec and Trintoc, two state-owned oil companies. A third company, Trinmar was later merged into the company. Trintoc was formed from the assets of Shell Trinidad Ltd., and Texaco, while Trintopec was formed formed when the government purchased Trinidad Tesoro a joint venture between the government and Tesoro Oil Company which was created to purchase the assets of British Petroleum. These companies were formed from a suite of earlier companied (including United British Oilfields of Trinidad (UBOT) and Trinidad Leaseholds Limited) which had themselves been formed from the companies which were first able to commercialise oil finds in Trinidad in the early twentieth century. Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Greek petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish flammable liquid, which exists in the upper strata of some areas of the Earths crust. ... Arbusto Energy Anadarko, USA BHP Billiton, Australia BP, UK ChevronTexaco, USA Citgo, USA ConocoPhillips, USA Ecopetrol, Colombia ENI, Italy Exxon Mobil, USA Gulf Oil, USA Husky Energy, Canada Irving Oil, Canada Koch Oil Kerr McGee, USA Lukoil, Russia Marathon, USA Norsk Hydro, Norway PDVSA, Venezuela Petrobras, Brazil Petroleos Mexicanos, M... 1993 is a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003) Events Media:January January 1 - Czechoslovakia divides. ... Amongst other things, a shell is: An animal shell, the hard, rigid outer covering of an animal such as a mollusk or gastropod or tortoise or turtle. ... Texaco was the name of an American oil company that was merged into ChevronTexaco in 2001. ... Tesoro Petroleum Corporation is a refiner, distributor and marketer of petroleum products in the western United States. ... This article is about the corporation known as BP. See also BP (disambiguation) BP (formerly British Petroleum and briefly known as BP Amoco) (NYSE: BP) is a petroleum company headquartered in London, United Kingdom. ... Trinidad (Spanish, Trinity) most commonly refers to the larger island of the nation Trinidad and Tobago, the subject of this article. ... (19th century - 20th century - 21st century - more centuries) Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s The 20th century lasted from 1901 to 2000 in the Gregorian calendar (often from (1900 to 1999 in common usage). ...


Petrotrin's main holdings are extensive, mature onshore fields located across southern Trinidad. Large areas have been leased out to small private producers who are able to make a profit on wells that are unprofitable for Pertotrin, given its higher labour costs. The company operates a refinery at Pointe-à-Pierre, just north of San Fernando in south Trinidad. Most crude petroleum produced in Trinidad is exported without being refined. The refinery depends on imported crude (mostly from Venezuela), which is either used domestically or exported. Trinidad (Spanish, Trinity) most commonly refers to the larger island of the nation Trinidad and Tobago, the subject of this article. ... View of the Shell/Valero Martinez oil refinery An oil refinery is an industrial process plant where crude oil is processed and refined into useful petroleum products. ... Pointe-à-Pierre is a town in Trinidad and Tobago. ... The City of San Fernando is one of the two cities which exist in the twin island Republic of Trinidad and Tobago. ...


External links

  • Company Website (http://www.petrotrin.com/)

  Results from FactBites:
 
Jamaica Gleaner News - Petrotrin moves to raise US$750m for gas project - Wednesday | April 25, 2007 (674 words)
Petrotrin, a fully owned state oil-gas producer and trader, has applied to have the notes listed on the Luxembourg Stock Exchange for trading on the Euro MTF market, a unit of the Luxembourg exchange.
Petrotrin which currently produces 160,000 barrels of oil per day and also LPG and propane is a solid company, says George.
Petrotrin, a TT$19 billion (US$3 billion) company measured by its assets, last year recorded average daily volumes of 142.45 mmcf of natural gas - a slight upturn on the year prior's 140.13 mmcf; and 70.71 mmcf of LNG, which dropped from 83.11 mmcf in 2005.
Petrotrin - Wikipedia, the free encyclopedia (258 words)
Petrotrin, the Petroleum Company of Trinidad and Tobago is the major State-owned oil company in Trinidad and Tobago.
Petrotrin's main holdings are extensive, mature onshore fields located across southern Trinidad.
Petrotrin currently produces 48,047 mbbl/day and has proven reserves totalling 439,585 mbbl.
  More results at FactBites »


 

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