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In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not as proportionately important as in many other Caribbean islands.
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(The government bought out Tesoro in 1985, and changed the name of the company to Trinidad and Tobago Petroleum Company Ltd [Trintopec].) In 1974, the government bought the local assets of Shell Trinidad Ltd, and formed a new national oil company, the Trinidad and Tobago Oil Company Ltd (Trintoc) to hold and operate them. The government formed ...
Petroleum Company of Trinidad and Tobago Limited (trading as Petrotrin) was a state-owned oil company in Trinidad and Tobago.Its principal activities were the exploration, development and production of hydrocarbons in addition to the manufacturing and marketing of petroleum products.
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Trinidad and Tobago Music Company This page was last edited on 29 December 2019, at 05:00 (UTC). Text is available under the Creative Commons Attribution-ShareAlike ...
It bought the assets of Texaco Trinidad in 1977, adding to its distribution network. [3] (Tesoro's interest in the retail filling stations was purchased by the government in 1986.) [6] NP also marketed and distributed refined petroleum products manufactured by another state-owned corporation, Petrotrin.