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DMan7 wrote:As I've said before UNC ain't winning nothing. PNM taking 2025 and 2030 too. The UNC has too much stigma associated with it, The party needs to be disbanded and a new party without any of the old political heads needs to take its place.
It's also just sad to see people have some sliver of hope that they could win something but that's living in fantasy land.
Why Some Countries Find It Hard to Move Away From Fossil Fuels
Trinidad and Tobago is the No. 2 exporter of liquefied natural gas in the Americas. Its output has been falling, but it remains committed to fossil fuels.
https://www.nytimes.com/2023/05/15/business/energy-environment/trinidad-tobago-gas-oil.html
If you hit the NY Times paywall: https://archive.ph/8P5rg
But with its oil and gas fields aging, oil production has fallen to 58,000 barrels a day, from 230,000 barrels a day at its peak in 1978. The country’s only oil refinery was shut four years ago. Gas production has declined 40 percent since 2010, forcing the country to close one of its four export terminals for liquefied natural gas and three of its 18 petrochemical plants.
...The oil and gas business “is the basis for our middle class,” said Ainka Granderson, an environmental scientist at the Caribbean Natural Resources Institute, a research organization in San Juan, a city on the main island. “Oil and gas was once the nation’s spine, but it’s now the crutch that props us up.”
That crutch is becoming increasingly rickety.
Climate Change Brings Warmer, Wetter Weather to Trinidad
Even as the leaders of Trinidad and Tobago double down on fossil fuels, climate change is bringing more extreme weather to the island nation.
The island nation’s climate has historically been highly variable. Climate change has made it more so. And Trinidad’s average temperature has risen two and half times above the global average from 1946 to 2019, according to the government report to the U.N. Over the past four decades, heavy rain that last multiple days has also been more frequent.
https://www.nytimes.com/2023/05/15/business/energy-environment/trinidad-tobago-climate-change.html
https://archive.ph/m59XO
toyolink wrote:The various political preferences as noted in this thread all seem to acknowledge that the 2 the major political parties demonstrate major flaws.
What this may suggest is that the elector may well overtime have to choose the party which would best take care of bread and butter issues and may be easier to get to respond to the financial pain citizens are faced with on a day to day basis.
Things like macro development, fiscal strategic and crime prevention planning although critical may just not drive where citizens put their inked finger.
Both of them will continue to vote PNMpaid_influencer wrote:toyolink wrote:The various political preferences as noted in this thread all seem to acknowledge that the 2 the major political parties demonstrate major flaws.
What this may suggest is that the elector may well overtime have to choose the party which would best take care of bread and butter issues and may be easier to get to respond to the financial pain citizens are faced with on a day to day basis.
Things like macro development, fiscal strategic and crime prevention planning although critical may just not drive where citizens put their inked finger.
THE incoming chief executive officer (CEO) of State-owned Heritage Petroleum Company Ltd (Heritage) Erik Keskula will receive a lucrative package, including a monthly base salary of $180,000.
This information was provided by Prime Minister Dr Keith Rowley at the Parliament sitting yesterday in response to a question from the Opposition.
Keskula’s monthly base salary is $30,000 more than his predecessor, Arlene Chow, made in the position.
On May 23, Heritage’s chairman, Michael Quamina, SC, and the board announced that Erik Keskula had been selected as the CEO of the company.
Keskula will serve as the CEO-designate for the period June 1 to June 13 and will assume full responsibility when Chow retires from the company on June 13.
Heritage stated that Keskula’s selection followed a rigorous recruitment process which considered candidates from Trinidad and Tobago and the international oil and gas industry.
The Prime Minister listed the compensation package for Keskula:
—cash compensation: base salary- $180,000 monthly
—relocation allowance of seven per cent - $12,600
—completion bonus of $180,000 payable at the end of the six-month probation
—value of housing up to US$5,000 a month
—a company vehicle maintained by Heritage with a driver during the probationary period and subsequent to that a vehicle purchased up to the value of $700,000
—utilities to be funded by the Company
—return airfare to his home company at the end (for employee and spouse)
—international medical insurance for employee, spouse and two dependants
—international life insurance for the employee only
—20 working days per annum for vacation
—an annual bonus arrangement
Opposition MP Rudranath Indarsingh asked the Prime Minister how much money Heritage has set aside to invest in the repair and maintenance of the company’s network of pipelines as he noted the company recently declared an after-tax profit of over a billion dollars.
He pointed out environmental disasters involving oil spills and leaks have been associated with Heritage and have impacted communities.
Rowley said he was pleased to note that Indarsingh had “finally acknowledged” that the restructuring of Petrotrin had transformed an entity which was losing billions of dollars to one that is now in a position to declare after-tax profit of approximately $1 billion after paying royalties of $2 billion.
He said if Indarsingh’s “epiphany” continues he expects that it will be acknowledged that Heritage is also servicing the US$850 million debt that the Finance Minister could not service.
Heritage, he said, is dealing with aged infrastructure which they inherited.
Rowley said the company has a programme of assessing the quality of its infrastructure which is aged and some of it “even dangerous” and has recently spent $9 million in an inspection programme.
He said with respect to spending money to change certain aspects of the pipeline infrastructure, Heritage is spending approximately $15 million a year.
Rowley noted this is a small amount for an oil company, but given where the company has come from and is going, it will increase as Heritage continues to strengthen its infrastructure.
Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
wing wrote:Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
You talking about something else completely. The new CEO salary is nothing out of the ordinary in the industry. It's just being politicized. We should ask what was Khalid hassanali salary at petrotrin, or Malcolm Jones or the infamous espinet. The voices were strangely silent then.paid_influencer wrote:wing wrote:Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
the most deceitful capitalist lie is that if labor works hard enough, they too can live like the owners of capital.
Where did you hear that?paid_influencer wrote:wing wrote:Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
the most deceitful capitalist lie is that if labor works hard enough, they too can live like the owners of capital.
wing wrote:Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
Why post this in a PNM chead?MaxPower wrote:Happy Indian Arrival Day Team
Kickstart wrote:Why post this in a PNM chead?MaxPower wrote:Happy Indian Arrival Day Team
PNM once removed the Indian in Indian Arrival Day
Kickstart wrote:Why post this in a PNM chead?MaxPower wrote:Happy Indian Arrival Day Team
PNM once removed the Indian in Indian Arrival Day
DO SO to Manningpaid_influencer wrote:people did spit on Panday
they did the
now is kamla turn, or all ah we hadda suffer
paid_influencer wrote:wing wrote:Usual kyakers and sufferers who know nothing about the oil and gas sector. They can only dream of the kind of perks and salaries to be had. If only they had applied themselves in school and did the hard work instead of rum, weed and loud music...it have operators making that money during turnarounds...Dizzy28 wrote:In 2004 I worked in a small plant in Pt Lisas and the British Managing Director was paid US$20k as basic salary.
UD$25k for Heritage in 2023 doesn't seem that bad.
the most deceitful capitalist lie is that if labor works hard enough, they too can live like the owners of capital.
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