energy development

Santo Domingo.- The Dominican Government, through the Ministry of Energy and Mines and the University of Texas Austin (UT), formally launched a research project to align and strengthen the country's technical data base on the hydrocarbon potential of maritime and land basins. The implementation of the “Regional Evaluation of the energy potential in terrestrial and marine sedimentary basins, the Dominican Republic and the adjacent Caribbean Sea” was chaired by Minister Joel Santos, upon receivin…

Guatemala.-The Dominican Republic once again showed its regional leadership in economic matters by successfully concluding its participation as head of the pro tempore presidency of the Council of Ministers of Finance of Central America and Panama (Cosefin), from where it promoted fiscal resilience and technical exchange in an attempt to guarantee the sustainability of public finances. The list of achievements achieved by the country during the direction of this organization corresponding to th…

Dominica’s Finance Minister, Dr. Irving McIntyre has assumed the chairmanship of the Eastern Caribbean Central Bank (ECCB) Monetary Council, pledging to work closely with regional governments and the ECCB to safeguard monetary stability while advancing policies that strengthen economic growth, food security, renewable energy and regional resilience. Speaking at the opening of the Monetary Council Meeting in Dominica, Dr. McIntyre accepted the chairmanship with what he described as “humility, gr…

Surinamese ports are an essential link for sustainable growth, especially in view of the expected offshore oil development. President Jennifer Simons emphasized this on Wednesday, July 8, 2026, at the opening of the 29th annual conference of the Port Management Association of the Caribbean (PMAC). The meeting in the Ballroom of Hotel Torarica focused, under the theme 'Transitioning in an Era of Global Change', on increasing the efficiency, resilience and safety of ports and strengthening regiona…

Santo Domingo.- The Minister of Energy and Mines, Joel Santos, stated that the Dominican Republic has a defined strategy and planning focused on current demands and the requirements of the next decade, to face the challenges of the energy sector and adapt to new consumption trends and demand growth. During the opening remarks of Energyear Caribe 2026, a regional energy debate meeting held in Santo Domingo, with the participation of more than 600 representatives of companies in the energy sector…

Santo Domingo.-The Dominican Electric Transmission Company (ETED) will contract, no later than August, 600 megawatts (MW) of energy storage for two hours, an initiative that will allow the largest incorporation of storage systems in the Caribbean and strengthen the reliability and stability of the National Interconnected Electric System (SENI). The announcement was made by the executive vice president of the ETED, Alfonso Rodríguez Tejada, during his participation in the conversation “ETED's lo…

The President of the Republic, Dr Patrick Herminie, today chaired the third meeting of the Presidential Economic Advisory Council at State House, continuing the Council's strategic deliberations on the future of agriculture and its role in strengthening Seychelles' food security, economic resilience and national well-being. The meeting built on the Council's previous discussions, with particular focus on the policies and investments required to support a modern, productive and sustainable agric…