Beckles: PNM deserves credit for ExxonMobil deal - Trinidad and Tobago Newsday:
OPPOSITION LEADER Pennelope Beckles says the People’s National Movement (PNM) ...
newsday.co.tt/2025/08/13/beckles-pnm-deserves-credit-for-exxonmobil-deal/
Photo: newsday.co.tt · view article
PNM’s Role Key in ExxonMobil Oil DealNegotiations initiated by PNM in December 2024 led to a $42.5M first-phase ExxonMobil project after 23 years of no partnership.
Key FactsAug 13, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: newsday.co.tt
Summary created with AI assistance · Source: newsday.co.tt
- Opposition Leader Pennelope Beckles credits the PNM for laying the groundwork of the recent ExxonMobil exploration agreement.
- The production sharing contract for the TTUD-1 Block was signed on August 12, marking the first partnership with ExxonMobil in over two decades.
- Negotiations began under the PNM government in December 2024 before the current administration took office.
- The Energy Chamber praised the deal’s prompt award and ExxonMobil’s plans for seismic surveys and drilling within 6 to 12 months.
That ExxonMobil deal they signed they so bold face they would not give Stuart Young (former energy minister and prime minister) and former prime minister Dr Keith Rowley not a single credit.— Opposition Leader Pennelope Beckles criticizes the government's failure to acknowledge the PNM's role in the ExxonMobil deal.
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Jun 16, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: newsday.co.tt
Summary created with AI assistance · Source: newsday.co.tt
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