FHIST NEWS wrote a new article:
GRENADIAN GOVT HAS TERMINATED AGREEMENTS WITH GLOBAL PETROLEUM GROUP
After 18 years without commercial production, and following a thorough review of the Global Petroleum Group’s (GPG) failure to meet its obligations, the Government has lawfully terminated its agreements with the company.WHO IS GLOBAL PETROLEUM GROUP
In 2008, the Government granted GPG a license over 11 offshore blocks to explore Grenada’s waters for oil and gas.
In 2013, GPG was granted a development…