Nazim Burke chairs committee to investigate status of oil and gas

Grenada has established a committee to investigate the status of the island’s oil and gas exploration which was conducted by Global Petroleum Group (GPG) — a company registered in Grenada with the directors and owners listed on records at the Corporate and Intellectual Property Office (CAIPO) as individuals from Russia and Cyprus. The company was […]

With oil prices slumping, OPEC+ producers weigh more production cuts

FRANKFURT, Germany (AP) — The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to US drivers and helped ease inflation worldwide. The 23-member group […]

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