Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, has expressed cautious optimism following the latest update from United Oil and Gas regarding offshore hydrocarbon exploration activities. The company holds a Production Sharing Agreement (PSA), granting it exclusive rights to conduct oil and gas exploration within the Walton-Morant Basin, offshore Jamaica. Mr. Vaz advised that the entity has completed a...

The Jamaica Public Service (JPS) restoration efforts remain well advanced, with 99.6 per cent of customers now reconnected to the grid. Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, made the disclosure during an address at a post-Cabinet press briefing, held at Jamaica House on April 15. The JPS’s customer base is just under 700,000 customers. Mr. Vaz informed...

A tiered pricing mechanism is being implemented, which will see petroleum prices being more closely aligned to global price movements. Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, made the disclosure during a post-Cabinet press briefing, held at Jamaica House on Wednesday (April 15). Mr. Vaz explained that while the current mechanism has been effective in cushioning consumers, it...

The findings of the Sustainable Aviation Fuel (SAF) Feasibility Study will be presented to stakeholders on Tuesday (April 14), marking a significant milestone in the country’s efforts to support aviation decarbonisation and strengthen energy security. The study, funded by the United Kingdom (UK) Department for Transport and delivered under a programme of the International Civil Aviation Organization (ICAO), was conducted...

The results of a geo chemical survey conducted by United Oil and Gas are expected within two to three months, says Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz. He said that the survey was successfully completed on Feb 28, and the research vessel returned to Kingston Harbour. Addressing Wednesday's (March 4) post Cabinet press briefing at Jamaica House,...

A draft Heads of Terms for an all-island electricity licence, scheduled to take effect in 2027, has been approved by Cabinet. Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, made the disclosure during Wednesday’s (March 4) post-Cabinet press briefing at Jamaica House. He explained that the document outlines the principal features of the proposed licensing framework. “In November 2025,...

The Energy Management and Efficiency Programme has been allocated $942 million in the 2026/27 Estimates of Expenditure. Being implemented by the Ministry of Energy, Transport and Telecommunications, the initiative is aimed at promoting fuel conservation by contributing to the avoidance of fuel imports. The funds allocated for the new fiscal year will go towards completion of the retrofitting of air-conditioning...