Search results for : oil
Govt To Revisit Oil Drilling Revenue
November 19, 2012
Govt To Revisit Oil Drilling Revenue
The government plans to renegotiate the royalty structure with the Bahamas Petroleum Company (BPC) as part of a greater regulatory overhaul for the budding offshore oil industry.
Genting Exec. Sees Potential For Oil In The Bahamas
October 15, 2012
Genting Exec. Sees Potential For Oil In The Bahamas
There is "interesting" potential in the country for oil production, said CEO of Genting Energy T. S. Ong.
Oil Exploration in The Bahamas Becomes Political Football and Hurts International Investors
April 23, 2012
Oil Exploration in The Bahamas Becomes Political Football and Hurts International Investors
Oil Exploration in The Bahamas, which should be an issue of Economic Development for the Country, and an important element in building a much needed Capital Market Driven Economy (CMDE) for the Nation seems to have degenerated into Political Football.
BPC: No oil rig has been contracted
March 15, 2012
BPC: No oil rig has been contracted
The Bahamas Petroleum Company (BPC) has responded to mounting concerns from the Democratic National Alliance (DNA) and the Bahamian public concerning offshore oil drilling.
DNA: Quest for Answers on Oil Exploration Continues
March 15, 2012
DNA: Quest for Answers on Oil Exploration Continues
Today, Minister of Environment Earl Deveaux confirmed the allegations made by Democratic National Alliance Montagu candidate, Ben Albury for weeks about the potential for oil exploration off the shores of the Bahamas.
Nations Develop Oil Spill Matrix
December 16, 2011
Nations Develop Oil Spill Matrix
The key achievement of a regional forum on oil disaster preparedness may have been the bringing together of five nations in a productive first meeting.
Bahamas to host oil disaster contingency meeting
December 02, 2011
Bahamas to host oil disaster contingency meeting
Representatives of several nations will convene in The Bahamas next month with contingency planning for a cross-border, oil-spill event on their agenda, Guardian Business understands.
An Oil Policy for Bahamians
August 04, 2011
An Oil Policy for Bahamians
It is more than apparent that a discussion has begun on oil exploration in The Bahamas. However, it is a not a conversation, but rather a one-sided publicity effort by the Bahamas Petroleum Company (BPC) to use the national papers of The Bahamas to generate capital and garner favorable opinion.
August 02, 2011
Pinon: Cuba, Bahamas face similar challenges on oil drilling
Concerns over oil drilling for millions of barrels of oil in Cuba and any spillover effects on a still unregulated Bahamas may be for naught, with an international energy expert reminding that the two countries face similar challenges.
Earl Deveaux On Oil
July 27, 2011
Earl Deveaux On Oil
Environment Minister Earl Deveaux is reiterating the government's stance on drilling for oil in The Bahamas, asserting the issue requires widespread consultation before any decision will be made.
"The government has imposed a moratorium on further oil exploration in The Bahamas," he told Guardian Business yesterday. "The government will abide by the terms contained in current leases. The gover...
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