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Petrotrin update: now Trinidad Petroleum Holdings Ltd

this is how we do it.......

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Rudman
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Re: Petrotrin update

Postby Rudman » September 14th, 2017, 12:31 pm

^Ha,ha. He drop the CLICO Shareholders case to pick up AV? Dat funny.......

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Re: Petrotrin update

Postby Redman » September 14th, 2017, 1:07 pm

The_Honourable wrote:A&V lawyered up... Ramesh in d dance


See this is the problem with how it comes out.
Coming out is great for ole talk

but the volumes of money, and the people involved will be willing to go all the way before giving up.

Okie Dokie is the pivot point here.

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Re: Petrotrin update

Postby kstt » September 14th, 2017, 1:11 pm

Specialist Baboons wrote:The so-called “fake oil” scandal is a good example of why so many people have become disillusioned with politicians.
Here is a matter of serious public interest in which the State oil company, Petrotrin, has allegedly been defrauded over a period of eight years of roughly $100 million in oil by a private producer.
This is no matter for political finger-pointing and bacchanal; it is a matter for the police. The question of who was friend with whom and who has it in for whom are all irrelevant. The only important question is whether the evidence exists to support the allegation of the August 17 audit report that A&V Oil and Gas had inflated its oil production figures and defrauded Petrotrin of almost $100 million.
If the evidence exists, the Petrotrin board and management have one immediate priority, which is to call in the Fraud Squad. After that, it needs to conduct a full scale internal investigation into the integrity of its transactions with other producers and to comprehensively review its operation to determine how such a scam was facilitated.
In responding to the “fake oil” allegation, the Prime Minister’s sole interest should have been the national interest. Instead, he has seized upon it as yet another opportunity to complain about his persecution by his former leader, Patrick Manning, and the former prime minister now Opposition Leader, Kamla Persad-Bissessar.
Dr Rowley needs to understand that this issue is not about him; it is about the country. Instead of obsessing over past hurts, he should recognise that the leadership reins are in his hands and the responsibility for pointing the direction in which the country must go, belongs to him.
Whatever chips that he is carrying on his shoulder over perceived injustices committed against him by Mr Manning and Mrs Persad-Bissessar, he must rest those aside. This is a dicey moment for both Trinidad and Tobago and Petrotrin. Both are in dire economic straits. Dr Rowley’s Government is on the verge of implementing a major restructuring plan at Petrotrin with all the attendant risks of business and labour upheaval. This audit report could turn the entire restructuring exercise into combustible material with terrible consequences for Petrotrin and the economy.
For her part, the Opposition Leader has done the public a service in revealing the existence of the audit report. While we are in no way suggesting any wrong-doing on the part of the Petrotrin board or management, the people of T&T have had enough experience of cover-ups to welcome her alerting them to the audit report. Having done so, however, Mrs Persad-Bissessar should allow the investigation to take its course while keeping a hawk’s eye on Petrotrin. In attempting to exploit the situation to maximum political advantage, she is drawing equal attention to the failure of her own administration, given that the “fake oil” scam is alleged to have continued under her watch, having begun under the Manning administration.
As for Dr Rowley, he needs to rethink his flippant response. Whatever importance he assigns to the past, it is the present by which he will be judged.


It is unfair that employees have to be sent home because of the economic situation at Petrotrin while these criminals are allowed to steal the resources of the nation.
Maybe this is the reason why the last Board was fired they may have wanted to take action. It could even be the Board who gave Kamla the audit report. Seeing that she now get this file to buss!!!

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Re: Petrotrin update

Postby Specialist Baboons » September 14th, 2017, 1:24 pm

Maybe that's why Jupiter buss out...He said it was for personal reasons but he continued to serve on other boards

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Re: Petrotrin update

Postby Monkey Man » September 14th, 2017, 1:39 pm

Specialist Baboons wrote:Maybe that's why Jupiter buss out...He said it was for personal reasons but he continued to serve on other boards


ent the Jupiter platform supposed to be starting up all now?

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Re: Petrotrin update

Postby Rudman » September 14th, 2017, 1:41 pm

That's Juniper platform.....

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Re: Petrotrin update

Postby Specialist Baboons » September 14th, 2017, 1:46 pm


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Re: Petrotrin update

Postby Redman » September 14th, 2017, 2:18 pm

It's yet ANOTHER corrupt barge deal

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Re: Petrotrin update

Postby nervewrecker » September 14th, 2017, 4:49 pm

kstt wrote:
Specialist Baboons wrote:The so-called “fake oil” scandal is a good example of why so many people have become disillusioned with politicians.
Here is a matter of serious public interest in which the State oil company, Petrotrin, has allegedly been defrauded over a period of eight years of roughly $100 million in oil by a private producer.
This is no matter for political finger-pointing and bacchanal; it is a matter for the police. The question of who was friend with whom and who has it in for whom are all irrelevant. The only important question is whether the evidence exists to support the allegation of the August 17 audit report that A&V Oil and Gas had inflated its oil production figures and defrauded Petrotrin of almost $100 million.
If the evidence exists, the Petrotrin board and management have one immediate priority, which is to call in the Fraud Squad. After that, it needs to conduct a full scale internal investigation into the integrity of its transactions with other producers and to comprehensively review its operation to determine how such a scam was facilitated.
In responding to the “fake oil” allegation, the Prime Minister’s sole interest should have been the national interest. Instead, he has seized upon it as yet another opportunity to complain about his persecution by his former leader, Patrick Manning, and the former prime minister now Opposition Leader, Kamla Persad-Bissessar.
Dr Rowley needs to understand that this issue is not about him; it is about the country. Instead of obsessing over past hurts, he should recognise that the leadership reins are in his hands and the responsibility for pointing the direction in which the country must go, belongs to him.
Whatever chips that he is carrying on his shoulder over perceived injustices committed against him by Mr Manning and Mrs Persad-Bissessar, he must rest those aside. This is a dicey moment for both Trinidad and Tobago and Petrotrin. Both are in dire economic straits. Dr Rowley’s Government is on the verge of implementing a major restructuring plan at Petrotrin with all the attendant risks of business and labour upheaval. This audit report could turn the entire restructuring exercise into combustible material with terrible consequences for Petrotrin and the economy.
For her part, the Opposition Leader has done the public a service in revealing the existence of the audit report. While we are in no way suggesting any wrong-doing on the part of the Petrotrin board or management, the people of T&T have had enough experience of cover-ups to welcome her alerting them to the audit report. Having done so, however, Mrs Persad-Bissessar should allow the investigation to take its course while keeping a hawk’s eye on Petrotrin. In attempting to exploit the situation to maximum political advantage, she is drawing equal attention to the failure of her own administration, given that the “fake oil” scam is alleged to have continued under her watch, having begun under the Manning administration.
As for Dr Rowley, he needs to rethink his flippant response. Whatever importance he assigns to the past, it is the present by which he will be judged.


It is unfair that employees have to be sent home because of the economic situation at Petrotrin while these criminals are allowed to steal the resources of the nation.
Maybe this is the reason why the last Board was fired they may have wanted to take action. It could even be the Board who gave Kamla the audit report. Seeing that she now get this file to buss!!!
I have a feeling she knew eh. Donno why but I just have a feeling.
All if them is one yes

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Re: Petrotrin update

Postby Redman » September 14th, 2017, 7:11 pm

Jammetry.
Lol

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Re: Petrotrin update

Postby De Dragon » September 14th, 2017, 8:16 pm

Once again Scarfy goes to his default mode of guttersnipe and demeaning talk about women. Once again no condemnation by anyone in Government, or the stupid PNM sheep here. While our resources piss away to PNM friends and family through graft, mismanagement and criminality, imbeciles her LOLing. Oh well dogs will never stop sucking eggs........

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Petrotrin update

Postby Specialist Baboons » September 14th, 2017, 9:53 pm

De Dragon wrote:Once again Scarfy goes to his default mode of guttersnipe and demeaning talk about women. Once again no condemnation by anyone in Government, or the stupid PNM sheep here. While our resources piss away to PNM friends and family through graft, mismanagement and criminality, imbeciles her LOLing. Oh well dogs will never stop sucking eggs........

Did you really expect cyat fish to have something sensible to say......
Come on nah man he full of sheit and always playing the blame game..
And the empty vessel ministers he have only know to blame everyone but themselves for being failures

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Re: Petrotrin update

Postby nervewrecker » September 14th, 2017, 10:18 pm

Know what, leme stay quiet yes.
Me eh big like some men. Pple like me could make jail
Last edited by nervewrecker on September 14th, 2017, 10:18 pm, edited 1 time in total.

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Re: Petrotrin update

Postby rspann » September 14th, 2017, 10:29 pm

I buying black clothes and stockpiling crix ,cheese and coffee. nerve , how yuh calling up them people name so? You not scared ?

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Re: Petrotrin update

Postby Specialist Baboons » September 14th, 2017, 10:35 pm

rspann wrote:I buying black clothes and stockpiling crix ,cheese and coffee. nerve , how yuh calling up them people name so? You not scared ?

Real jammettery behavior nervous man

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Re: Petrotrin update

Postby pugboy » September 14th, 2017, 10:38 pm

They get free elect to run the well pump ?
Money to pay for diesel generator to operate the jack pump ?

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Re: Petrotrin update

Postby Redman » September 15th, 2017, 2:02 am

Like the UNC women's club offended by the word jammetry.

The irony.

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Re: Petrotrin update

Postby nervewrecker » September 15th, 2017, 5:44 am

Know what, best I stay quiet. Pple like me could make jail.

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Re: Petrotrin update

Postby pugboy » September 15th, 2017, 6:27 am

I been to guaya once in my life and seen some of these "wells"
real small operations, big generator running the jack pump
collecting drips of oil into an ibc tank or rotoplastic 400gal

I really wondered if these people making money collecting this small amount of oil
for the cost of generator, manpower etc

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Re: Petrotrin update

Postby Allergic2BunnyEars » September 15th, 2017, 6:28 am

No bai. No one on tuner making jail bai. Daz rumshop talk bai

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Re: Petrotrin update

Postby shake d livin wake d dead » September 15th, 2017, 6:52 am

so all the marks buss with this oil thing...well only one remaining....for the press to know Mrs Baksh is Franklin famalee...what's next after this??? cover up?? lock up ah UNC man as a smokescreen??

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Re: Petrotrin update

Postby pugboy » September 15th, 2017, 7:10 am

I think there is some fine print on this website which says everything posted here is either "for entertainment purposes or alleged"

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Re: Petrotrin update

Postby Redman » September 15th, 2017, 7:13 am

Yeah...
This is just the start..Nerve on point.
Plenty more remains.
But...going back to Tesoro .....teifing is a way of life in the oil field.

Keep in mind that this was an audit with a very narrow TOF
They should audit the entire contract.

And really that type of analysis is supposed to be ongoing.

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Re: Petrotrin update

Postby Specialist Baboons » September 15th, 2017, 7:54 am

Redman wrote:Like the UNC women's club offended by the word jammetry.

The irony.

Wajang making reference to jammettery behavior, Patos must be rolling in he grave.
He did warn us about this idiot

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Re: Petrotrin update

Postby airuma » September 15th, 2017, 8:05 am

Is this type of audit regular at petrotrin?
Who recommended the audit?
Is it that the PM was out of the country to put other PNM senior members on the hot seat?
When is the next PNM internal elections due?
How much more corruption of similar magnitude is taking place at petrotrin?
How much more of this can our economy handle?

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Re: Petrotrin update

Postby Monkey Man » September 15th, 2017, 8:13 am

all yuh expect better from a thug who probably lie and say he have a degree in geology, a goon who is refer to a prostate exam as "a man diggin out he bottom" WTF!

jus now he will start talking in 100% ebonics

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Re: Petrotrin update

Postby Redman » September 15th, 2017, 8:15 am

Specialist Baboons wrote:
Redman wrote:Like the UNC women's club offended by the word jammetry.

The irony.

Wajang making reference to jammettery behavior, Patos must be rolling in he grave.
He did warn us about this idiot


Its funny that the ones that take most offense are the ones that routinely behave in the same manner.

Do so really dont like so.

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Re: Petrotrin update

Postby Monkey Man » September 15th, 2017, 8:22 am

Redman wrote:
Specialist Baboons wrote:
Redman wrote:Like the UNC women's club offended by the word jammetry.

The irony.

Wajang making reference to jammettery behavior, Patos must be rolling in he grave.
He did warn us about this idiot


Its funny that the ones that take most offense are the ones that routinely behave in the same manner.

Do so really dont like so.


if that was the case pal, then the entire pnm population end themselves cuz they soooooooooo offended.

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Re: Petrotrin update

Postby airuma » September 15th, 2017, 8:32 am

Specialist Baboons wrote:
Redman wrote:Like the UNC women's club offended by the word jammetry.

The irony.

Wajang making reference to jammettery behavior, Patos must be rolling in he grave.
He did warn us about this idiot

Come nah man! Yuh really trying to vilify Rowley by making reference to Patos?

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Petrotrin update

Postby Specialist Baboons » September 15th, 2017, 8:43 am

airuma wrote:
Specialist Baboons wrote:
Redman wrote:Like the UNC women's club offended by the word jammetry.

The irony.

Wajang making reference to jammettery behavior, Patos must be rolling in he grave.
He did warn us about this idiot

Come nah man! Yuh really trying to vilify Rowley by making reference to Patos?

Nah I just saying Patos spoke out about his behavior a while now....
Now that rowlers is PM we really are privy to his Rottweiler behavior not that Patos was any great leader yuh know..

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