Young Professionals

On Jan. 9, Trinidad and Tobago’s Ministry of Energy and Energy Industries concluded the 2022 Onshore and Nearshore Competitive Bid Round. This bid round featured a total of 11 blocks covering more than 115,000 hectares. Blocks offered included Aripero, Buenos Ayres, Charuma, Cipero, Cory D, Cory F, Guayaguayare, South West Peninsula Onshore, St. Mary’s and Tulsa, located in the central to southern onshore Trinidad; and the South West Peninsula Offshore, located off the southern coast of Trinidad. Xavier Moonan, president-elect of AAPG’s Latin America and Caribbean Region and exploration manager of Touchstone Exploration Inc., follows the bid rounds closely.

Refineries are some of the largest carbon emitters in the world, and making them greener is no simple task. Yet, an effort to do so is taking place in West Texas in the heart of the Permian Basin. Here, two operators have received state permits to build small, modular refineries to process the light, sweet crude from shale formations with emissions that are roughly 95-percent lower than those from the average Gulf Coast refinery. Taking advantage of their location – where oil is produced and its finished products are needed – these operators have capitalized on the opportunity to build their own refineries from scratch, complete with carbon capture technology, and become some of the cleanest refineries in the country.