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AGP Executive Report

Last update: 9 hours ago

Energy & Investment: Barbados is moving toward offshore oil and gas exploration, with Acting Prime Minister Kerrie Symmonds saying drilling could start as early as next year. The 2026 Offshore Direct Negotiations Programme will license 19 offshore blocks, aiming to boost national revenue, strengthen energy security, and cut reliance on imported fuel. Power Costs: The Fair Trading Commission’s approval will mean a “modest” $1.25 rise in the average monthly electricity bill for BL&P customers, with any impact expected no earlier than September. BL&P says the ruling covers recovery of temporary generator costs already in use and adds extra capacity to support reliability through 2027. Tourism & Hospitality: Royalton Vessence Barbados has officially opened on the Platinum Coast as Royalton’s first Barbados property and the global debut of its Vessence concept, positioning the adult-oriented resort around wellness, culture, and immersive stays. Regional Tourism Push: Caribbean Week in New York 2026 is underway, with CTO-led discussions focused on connectivity, resilience, and keeping the Caribbean competitive. Aviation Connectivity: LIAT Air and Air Caraïbes have signed an interline agreement to let travellers book smoother connections on one ticket, with luggage checked through to the final destination. Labour Market Transparency: Opposition Senator Ryan Walters is urging Government to publish where Barbados faces labour and skills deficits to guide better decisions on imported labour. Sports Hosting: Cricket West Indies has confirmed Barbados will host the final two ODIs of the 2026 home series against New Zealand, in a Guyana-Barbados cost-sharing arrangement. Hurricane Preparedness: Barbados Meteorological Services is warning that even with forecasts of a quieter season, rapid intensification means residents should not lower their guard.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 1, 2026

Valkit.ai launches Greenfield commissioning platform for new sites

EIN Presswire

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Jun. 1, 2026

Caribbean tourism ministers gather in New York for post-pandemic summit

EIN Presswire

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Jun. 1, 2026

Henry Harteveldt to keynote Caribbean Marketing Conference in New York

EIN Presswire

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May 29, 2026

PadsPass CEO to speak at Caribbean Week NY on pet-friendly travel

EIN Presswire


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Royalton’s New All-Inclusive Brand Just Opened in Barbados, With Swim-Out Suites, Butler Service — and You Can Book It on Bonvoy Points

Royalton’s New All-Inclusive Brand Just Opened in Barbados, With Swim-Out Suites, Butler Service — and You Can Book It on Bonvoy Points


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Jun. 1, 2026

Royalton Vessence Barbados is Now Open, Introducing a Transformative New All-Inclusive Resort Concept

GlobeNewswire, Inc.

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May 8, 2026

Abaxx Exchange Named Newcomer of the Year at 2026 Energy Risk Awards

GlobeNewswire, Inc.

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Apr. 28, 2026

Royalton Resorts Partners with Iconic Mount Gay Rum to Celebrate the True Essence of Barbados

GlobeNewswire, Inc.

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Apr. 28, 2026

Low Shipping Activity Persists in Strait of Hormuz Amid US–Iran Stalemate

MENAFN

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Jun. 2, 2026

Abaxx Announces Closing of $69 Million Bought Deal Offering

GlobeNewswire, Inc.

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Apr. 2, 2026

Scarce West Coast Barbados Beachfront Land Highlights Continued Investor Interest in the Platinum Coast

EIN Presswire

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