Grenada Energy & Oil-Gas: Prime Minister Dickon Mitchell says Grenada has terminated its offshore deal with Russian-backed Global Petroleum Group, citing missed work commitments, lack of required monthly spending reports, and failure to provide a development plan—an 18-year saga now officially closed. Hospitality & Tourism: La Sagesse is set for another big leap as InterContinental Grenada Resort & Spa begins taking reservations for a Nov. 4 opening, adding a 120-room luxury option next to Six Senses. Rum Industry: Renegade Rum Distillery is up for sale, with the pitch focused on its flexible production setup (cane juice and molasses) and room to scale—positioning the plant as a growth engine for Grenada’s spirits brand. Food & Agriculture Innovation: Caribbean researchers are testing black soldier fly larvae to turn food and farm waste into protein-rich animal feed, aiming to cut reliance on imported inputs. Caribbean Mobility Watch: The EU has warned five Eastern Caribbean states—including Grenada—that citizenship-by-investment must be reformed or phased out by 2028 or Schengen visa-free access could be lost. Local Food Supply Pressure: Fishermen across the region warn limited ice capacity and rising upfront costs (ice, bait, insurance, diesel) could hit catch quality as peak season approaches.
AGP Executive Report
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Grenada Energy Shake-Up: Prime Minister Dickon Mitchell says Grenada has terminated its oil and gas deal with Russian-backed Global Petroleum Group, citing missed work commitments, lack of required monthly spending reports, and failure to show funds—while GPG contests the move. Legal & Heritage Pressure: Grenada’s Drill Yard demolition fight is now drawing international support, with a Puerto Rico-based heritage group backing GNT’s push for an interim court injunction to protect the historic site. Tourism & Hospitality Growth: La Sagesse’s resort corridor gets a major boost as InterContinental Grenada Resort & Spa begins taking reservations for a Nov. 4 opening, adding a second global luxury brand next to Six Senses. Rum Industry Dealmaking: Grenadian distillery Renegade Rum is up for sale, with buyers pitched on its flexible production setup and room to expand beyond current low capacity. EU Mobility Shock for CBI: The EU warns five Eastern Caribbean states—including Grenada—to phase out citizenship-by-investment by June 1, 2028 or risk losing Schengen visa-free access, raising stakes for the region’s finance and travel-linked industries. Local Skills for Sustainable Agriculture: Petite Martinique’s Sustainable Land and Soil Management project kicks off, aiming to restore degraded land and improve water security for 400 people, funded by the Global Environment Facility and executed by UNEP.
Grenada Energy Shake-Up: Prime Minister Dickon Mitchell says Grenada has terminated its oil-and-gas deal with Russian-linked Global Petroleum Group, citing years of inaction, missed work, and failure to submit monthly expenditure reports; Legal & Governance: Grenada’s oil contract fight also shows up in court as GPG contests the termination, while former AG Jimmy Bristol scores a major Court of Appeal setback after a judge’s appointment is ruled unconstitutional; Tourism & Construction: La Sagesse’s resort corridor keeps expanding as InterContinental Grenada Resort & Spa takes reservations for a Nov. 4 opening, adding a 120-room luxury option near Six Senses; Heritage Under Pressure: The Drill Yard demolition dispute is now drawing international support, with an overseas heritage group backing Grenada’s push for an interim injunction; EU Mobility Shock to CBI: The EU warns Grenada and four other Caribbean states to phase out citizenship-by-investment by June 1, 2028 or risk losing Schengen visa-free access—raising stakes for the passport industry; Local Industry Costs: Fishermen in the region warn limited ice capacity and rising upfront costs (ice, bait, insurance, diesel) could disrupt the November season.
Grenada Energy: Prime Minister Dickon Mitchell says Grenada has terminated its offshore oil and gas deal with Russian-backed Global Petroleum Group, citing missed work commitments, lack of required monthly spending reports, and failure to provide a compliant development plan. Tourism & Hospitality: La Sagesse’s resort corridor keeps growing as InterContinental Grenada Resort & Spa takes reservations for Nov. 4 openings, adding a 120-room luxury option next to Six Senses. Heritage & Planning: Grenada’s Drill Yard demolition fight is now drawing international support, with a Puerto Rico-based heritage group backing a court move to pause demolition while preservation options are explored. EU Mobility Pressure: The EU has warned five Eastern Caribbean CBI states—including Grenada—that they must phase out citizenship-by-investment by June 1, 2028 or risk losing Schengen visa-free access. Sustainable Agriculture: Petite Martinique is getting a UN-backed sustainable land and soil management push to restore degraded areas, improve water security, and support farmers with heat-tolerant seedlings and drought-resistant grasses. Regional Business Tech: Finovate Global highlights Caribbean fintech momentum, including Belize Bank’s digital modernization partnership with Backbase. Hospitality Leadership: Spice Island Beach Resort president Janelle Hopkin received a NABHOOD Trailblazer Award, spotlighting Grenada’s tourism leadership.
Oil & Gas Contract Fallout: Grenada has terminated its offshore energy arrangements with Russian-backed Global Petroleum Group, citing long-running failures to deliver work, funding proof, and monthly expenditure reporting—while GPG has responded by demanding the government rescind the move. Heritage & Tourism Infrastructure: The Grenada National Trust’s fight to stop demolition of the Drill Yard has gained international backing, with an overseas heritage group urging an interim court injunction and offering technical preservation support. Hospitality Recognition: Spice Island Beach Resort president Janelle Hopkin received the NABHOOD Hank Thomas Trailblazer Award, spotlighting leadership in Grenada’s tourism and hospitality sector. Land & Agriculture Resilience: A Petite Martinique sustainable land and soil management project is underway, aiming to restore degraded areas and strengthen drought resilience for farmers and households. Regional Blue Economy Skills: OECS and partners delivered sea moss industry training in St. Vincent to lift production quality and food safety standards. EU Pressure on Golden Passports: The EU has warned five Eastern Caribbean states, including Grenada, to phase out citizenship-by-investment by June 2028 or risk losing Schengen visa-free access. Public Sector Bargaining: Grenada’s government and the Grenada Public Workers’ Union have signed a collective bargaining agreement after months of negotiations.
Oil & Gas Contract Fallout: Grenada has terminated its offshore oil and gas agreements with Global Petroleum Group, saying the Russian-linked firm failed to deliver after 18 years—no commercial production, missed work commitments, and missing monthly expenditure reports—while GPG disputes the move and claims contractual rights. Legal & Governance: The dispute over the Drill Yard demolition in St. George’s is now drawing international attention, with an overseas heritage group backing Grenada’s push for an interim court injunction to protect the historic site. Tourism & Hospitality: Spice Island Beach Resort president Janelle Hopkin was honored with the NABHOOD Hank Thomas Trailblazer Award, spotlighting leadership in Grenada’s luxury tourism sector. Land & Agriculture Resilience: A new Petite Martinique sustainable land and soil management initiative (UNEP/GEF-funded) targets drought and land degradation through restoration, nurseries, and farmer-managed plots. Regional Policy Pressure: The EU has warned five Eastern Caribbean states, including Grenada, to phase out citizenship-by-investment by June 1, 2028 or risk losing Schengen visa-free access. Public Sector: PM Mitchell signed off on a collective bargaining agreement with the Grenada Public Workers’ Union, marking the end of months of negotiations.
Grenada Energy: Prime Minister Dickon Mitchell says Grenada has terminated its offshore oil and gas agreements with Global Petroleum Group, citing long delays and repeated non-performance, including missing monthly expenditure reports and failure to deliver a development plan—while GPG has responded that the move is legally baseless. Court & Heritage: The Grenada National Trust’s fight to stop demolition of the Drill Yard on Young Street has drawn international support, with an overseas preservation group urging an interim injunction to protect the fortifications site. Tourism & Hospitality: Spice Island Beach Resort boss Janelle Hopkin received a NABHOOD Trailblazer Award in Miami, highlighting leadership in Grenada’s luxury hospitality sector. Land & Environment: A Petite Martinique sustainable land and soil management project is underway, aiming to restore degraded areas and improve water security for farmers and households. EU Mobility Pressure: The EU has warned five Caribbean states, including Grenada, to phase out citizenship-by-investment schemes by June 1, 2028 or risk losing Schengen visa-free access.
Energy & Accountability: Grenada has terminated its oil and gas agreements with Global Petroleum Group, saying 18 years on there’s been no meaningful progress and the firm failed obligations including reporting and work commitments; GPG has responded by disputing the move and warning of contractual issues. Heritage & Planning: The fight over demolition of the Drill Yard on Young Street has gone international, with a Puerto Rico-based heritage group backing Grenada National Trust’s push for an interim injunction to protect the historic site. Hospitality & Tourism Talent: Spice Island Beach Resort president Janelle Hopkin received the NABHOOD Hank Thomas Trailblazer Award, highlighting leadership in Grenada’s tourism and hospitality sector. Community & Environment: A consultation on the proposed Levera Golf Course raised concerns that the ESIA process is being done after construction momentum, plus worries about reduced rainfall and environmental damage from denudation and past storms. Power Costs Relief: Grenlec and the government rolled out temporary electricity relief from Aug 1 to Dec 31, including a $50 credit for eligible low-usage households and VAT relief on the non-fuel electricity component.
Grenada Energy: Grenada terminated its oil and gas deal with US-based Global Petroleum Group after 18 years with no commercial production, with the company now demanding the government rescind the move. Electricity Relief: Grenlec customers get temporary help from Aug 1–Dec 31, including a $50 credit for eligible low-usage homes, VAT relief on the non-fuel electricity component, and removal of a 6% customs charge on diesel for power generation. Blue Economy & Food Safety: OECS and partners wrapped a sea moss capacity workshop in St Vincent and the Grenadines, pushing farmers and businesses toward international food safety and stronger sector rules. Hospitality Jobs & Training: Spice Island Beach Resort’s Janelle Hopkin won a NABHOOD trailblazer award, while St Lucia certified tour guides under a regional sustainable tourism programme. EU Mobility Pressure: The EU warned five Eastern Caribbean CBI states—including Grenada—that golden passport programmes must be phased out by June 1, 2028 or Schengen visa-free access could be at risk. Sustainable Land: Petite Martinique began a 3-year sustainable land and soil management project to restore degraded areas and improve water security after Hurricane Beryl. Renewables Funding: IRENA opened a funding call for renewable energy projects across the Caribbean, including Grenada, with support via its climate and energy finance platforms.
Grenada Energy Shake-Up: Grenada terminated its oil and gas arrangements with Global Petroleum Group after 18 years with no commercial production, with the company disputing the move and giving the government a short deadline to rescind. Electricity Relief: Grenlec customers get temporary support from 1 Aug–31 Dec 2026, including a $50 credit for eligible domestic users (1–200 kWh), VAT relief on the non-fuel electricity component, and removal of a 6% customs charge on diesel used for power generation. Hospitality Recognition: Spice Island Beach Resort president Janelle Hopkin won the NABHOOD Hank Thomas Trailblazer Award, highlighting leadership and career opportunities in Grenada’s tourism sector. Regional Blue Economy Push: OECS and SVG wrapped a sea moss capacity-building workshop aimed at lifting farmers and entrepreneurs to international food safety and business standards. EU Pressure on Mobility: The EU warned five Eastern Caribbean states—including Grenada—that citizenship-by-investment must be phased out by June 1, 2028 or risk losing Schengen visa-free access. Aviation Skills Boost: Grenada-linked training in FAA Part 107 remote pilot certification signals growing drone capability for local workforce development.
Grenada Energy Contract Shake-up: Grenada has terminated its oil and gas agreements with Global Petroleum Group after 18 years with no commercial production, with the company pushing back on the move and seeking legal clarity. Electricity Cost Relief: Grenlec will apply three temporary measures from Aug 1–Dec 31, including a $50 credit for eligible domestic users (1–200 kWh), VAT relief on the non-fuel electricity component, and removal of a 6% customs charge on diesel for power generation. Hospitality & Tourism Talent: Spice Island Beach Resort president Janelle Hopkin received the NABHOOD Hank Thomas Trailblazer Award, highlighting leadership in Grenada’s hospitality sector. Blue Economy Training: OECS and SVG wrapped a sea moss industry capacity-building workshop aimed at lifting production to international food safety and business standards. Renewables Pipeline: IRENA opened a funding call for renewable energy projects across the Caribbean, including solar, wind, clean transport, and even energy from sargassum, with Grenada eligible. Regional Policy Pressure on CBI: The EU has urged five Eastern Caribbean states, including Grenada, to phase out citizenship-by-investment programmes by June 1, 2028, or risk losing Schengen visa access.
Grenada Energy Shake-Up: The Dickon Mitchell government has terminated its oil and gas agreements with US-based Global Petroleum Group after 18 years with no commercial production, saying the firm failed to meet obligations; GPG has hit back, and the company has been given a week to rescind the decision. Electricity Relief: Grenlec customers get temporary cost help from 1 Aug–31 Dec 2026, including a $50 credit for eligible domestic users (1–200 kWh), VAT relief on the non-fuel electricity component, and removal of a 6% customs charge on diesel used for power generation. Renewables Funding Push: IRENA opened a call for renewable energy project proposals across Central America and the Caribbean, including Grenada, prioritizing submissions before Sept 1 and covering solar, wind, clean transport, green hydrogen, and even sargassum-linked energy. Hospitality Recognition: Spice Island Beach Resort president Janelle Hopkin received the NABHOOD Hank Thomas Trailblazer Award, highlighting leadership in Grenada’s tourism and hotel sector. Climate Conference Plan: UWI Global Campus will host an inaugural Climate Conference in Grenada (Apr 7–9, 2027), focusing on climate-smart resilience, innovation, and adaptation for the Caribbean. CBI Under EU Pressure: The EU has asked Grenada and four other Eastern Caribbean states to phase out citizenship-by-investment programmes by June 1, 2028, or risk losing Schengen visa-free access.
Grenada Energy Contract Shake-Up: Grenada has terminated its oil and gas agreements with US-based Global Petroleum Group after 18 years without commercial production, with the government saying GPG failed to meet obligations and that the move was made lawfully and in the national interest. EU Mobility Pressure on CBI: The EU has given Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, and Saint Lucia until June 1, 2028 to phase out citizenship-by-investment programmes or risk losing Schengen visa-free access. Electricity Relief for Households: Grenlec will apply three temporary measures from Aug 1–Dec 31, 2026: a $50 credit for eligible domestic users (1–200 kWh), VAT relief on the non-fuel electricity component, and removal of a 6% customs service charge on diesel for power generation. Hospitality Recognition: Spice Island Beach Resort president Janelle Hopkin was honored with the NABHOOD Hank Thomas Trailblazer Award, highlighting leadership in Grenada’s tourism and hotel sector. Renewables Funding Call: IRENA opened a funding call for renewable energy projects across Central America and the Caribbean, including Grenada, prioritizing proposals before Sept 1.
Oil & Gas Contract Fallout: Grenada has terminated its oil and gas agreements with US-based Global Petroleum Group (GPG), saying the company failed to meet obligations after 18 years with no commercial production; the government says it acted lawfully and is moving forward, while GPG has challenged the decision and says it has contractual rights. Electricity Relief Measures: Grenlec customers get three temporary cost supports from 1 Aug to 31 Dec 2026: a $50 credit for eligible domestic users (1–200 kWh), VAT relief by zero-rating the non-fuel electricity component, and removal of a 6% customs service charge on diesel used for power generation. Renewables Funding Push: IRENA opened a funding call for renewable energy projects across Central America and the Caribbean, including Grenada, prioritizing proposals before Sept 1 and covering solar, wind, hydro, clean transport, green hydrogen and related supply chains. Marina Dispute Impacting Trade & Travel: Carriacou yacht owners say access to Tyrell Bay Marina launch areas has been blocked in the ongoing land dispute, leaving about 8 boats unable to relaunch and reporting losses exceeding US$85,000. Energy Transition Capacity Building: ECLAC Caribbean is strengthening data-driven governance with Antigua and Barbuda through training for senior officials on using statistics to improve policy and development planning.
Grenada Energy: The Government of Grenada has terminated its Development Licence and Production Sharing Agreement with Global Petroleum Group after 18 years without commercial production, citing the company’s failure to meet obligations. Electricity Relief: Grenlec says three temporary measures—$50 credit for eligible domestic users (1–200 kWh), VAT relief on the non-fuel electricity component (0%), and removal of a 6% customs charge on diesel for generation—run 1 Aug to 31 Dec 2026. Renewables Funding: IRENA opened a funding call for renewable energy projects across Central America and the Caribbean, including Grenada, prioritizing proposals before Sept 1. Carriacou Marine Dispute: Yacht owners at Tyrell Bay Marina report about 8 boats stuck after access to the launch area was blocked in a land dispute, with losses already above US$85,000. Cocoa Industry: Over 30 participants joined a 3-day post-harvest training at Belmont Estate to strengthen Grenada’s fine-flavour cocoa value chain. Climate Risk & Insurance: A Lloyd’s-backed study says many hurricane-exposed livelihoods in Grenada, Jamaica and Barbados remain uninsured, leaving farmers, fishers and tourism workers to replace losses themselves.
Grenada Energy Shake-Up: After 18 years without commercial production, the Government of Grenada terminated its Development Licence and Production Sharing Agreement with Global Petroleum Group, saying obligations were not met and the original project never reached commercial output. Renewables Funding Push: IRENA opened a funding call for renewable energy projects across Central America and the Caribbean, including Grenada, prioritizing proposals before Sept. 1 and covering solar, wind, hydro, geothermal, bioenergy, green hydrogen and clean transport. Solar Policy Pressure (Regional): St. Vincent’s electricity utility says solar growth is being held back by outdated 1973-era rules and a rate structure that forces the utility to absorb “netting off” costs—highlighting the need for modern grid policy. Marina Dispute Hits Boats: In Carriacou’s Tyrell Bay Marina, yacht owners say access to the launch area has been blocked, leaving about eight boats unable to relaunch and reporting losses over US$85,000. Youth Agribusiness Grants: Grenada’s YOUtrepreneur Programme awarded seed grants up to EC$3,000 to 10 young entrepreneurs, backing climate-smart farming and agri-tech like a platform linking farmers to institutional buyers. Cocoa Quality Training: More than 30 people across Grenada’s cocoa value chain completed a post-harvest training at Belmont Estate, aiming to strengthen fine-flavour cocoa competitiveness with EU/ITC support. Aviation Skills for Drones: A FAA Part 107 remote pilot certification course in Grenada trained JROTC cadets and community participants, with most completing training and passing the aeronautical knowledge test.
Renewables Funding: IRENA opened a proposal call for renewable energy projects across Central America and the Caribbean, including Grenada, prioritizing submissions before Sept. 1 and covering solar, wind, hydro, geothermal, bioenergy, green hydrogen, electric mobility, and related infrastructure. Energy Contract Shake-up: Grenada terminated its development licence and production sharing agreement with Global Petroleum Group after 18 years without commercial production, citing unmet obligations tied to offshore blocks. Solar for Carriacou: Grenada commissioned a new Limlair solar plant in Carriacou/Petite Martinique, with testing underway and grid feed managed by GRENLEC under the “Solar for All” programme. Marina Dispute Hits Yachts: Yacht owners in Carriacou say access to Tyrell Bay Marina launch areas has been blocked, leaving about eight boats unable to relaunch and losses topping US$85,000. Climate Risk & Insurance: A Lloyd’s-backed study flags major climate-related insurance gaps in hurricane-exposed Grenada, leaving farmers, fishers and tourism workers to replace losses themselves. Youth Enterprise: Grenada’s YOUtrepreneur Programme awarded seed grants up to EC$3,000 and 1% concessional loans up to EC$30,000 for youth-led agribusiness and agri-tech ventures. Cocoa Skills Boost: EU/ITC/OACPS training strengthened post-harvest practices for Grenada’s fine-flavour cocoa value chain at Belmont Estate. CBI Watch: The EU has urged five Eastern Caribbean states, including Grenada, to phase out citizenship-by-investment programmes by June 1, 2028, warning of possible Schengen visa-free suspension. Tourism Airlift Change: Delta Air Lines ended all flights to Saint Vincent starting Sept. 2026, a reminder of how quickly regional air access can shift.
Energy & Oil: Grenada has terminated its development licence and Production Sharing Agreement with Global Petroleum Group after 18 years without commercial production, citing unmet obligations and ending the reserved-block arrangement. Renewables: The Government says the new solar plant in Limlair, Carriacou is completed and now moving through training and testing, with power to feed into GRENLEC’s grid under the “Solar for All” push. Agriculture & Value Chains: Fine-flavour cocoa producers across Grenada took part in a post-harvest training at Belmont Estate, supported through an EU/ITC-led programme aimed at boosting quality and competitiveness. Youth & Agribusiness: The YOUtrepreneur Programme awarded seed grants and 1% concessional loans to youth-led ventures, including climate-smart farming and agri-tech linking farmers to institutional buyers. Insurance & Resilience: A Lloyd’s-backed study warns hurricane-exposed farmers, fishers and tourism workers in Jamaica, Barbados and Grenada often lack insurance and must replace losses themselves, calling for faster support and better co-operative pooling. CBI Watch: Prime Minister Dickon Mitchell defended Grenada’s CBI reforms to align with ECCIRA/EICERA oversight, as the EU signals pressure on Caribbean CBI programmes. Local Safety: Search efforts continue for missing American tourist Elizabeth “Liz” Waddell in Grenada; her husband says authorities now believe there is no foul play.
Grenada Renewable Energy: The Government has commissioned a new solar plant in Limlair, Carriacou, with training and testing underway and power set to feed directly into the GRENLEC grid—part of the “Solar for All” push backed by 100% UAE funding. Cocoa Value Chain: Over 30 cocoa stakeholders completed a 3-day post-harvest training at Belmont Estate, aiming to lift fine-flavour quality and competitiveness through EU/ITC-led support. Caribbean Insurance Gaps: A Lloyd’s-backed study flags that farmers, fishers and tourism workers in Grenada, Jamaica and Barbados often lack insurance for hurricane losses, urging faster government support and more community-level pooling. CBI Pressure on Grenada: The EU has formally asked five Eastern Caribbean CBI states—including Grenada—to phase out programmes by June 1, 2028, with Schengen visa-free access at stake. Local Youth & Agribusiness: Grenada’s YOUtrepreneur Programme awarded seed grants and concessional loan access to youth ventures, including apiculture and an agri-tech buyer platform. Missing Visitor Update: Search efforts for US tourist Elizabeth “Liz” Waddell continue in Grenada; her husband says authorities believe there was no foul play.
Renewables & Power: Grenada has commissioned a new solar plant in Limlair, Carriacou, with testing underway and power feeding into the GRENLEC grid—funded 100% by the UAE and tied to the “Solar for All” push to cut bills and boost resilience for Carriacou and Petite Martinique. Climate Risk & Insurance: A Lloyd’s-backed study flags major climate-related insurance gaps in Jamaica, Barbados and Grenada, saying farmers, fishers and tourism workers often must replace boats, crops and equipment themselves because most livelihoods and assets remain uninsured. Agri-Industry Skills: Over 30 cocoa value-chain participants completed a 3-day post-harvest training at Belmont Estate to improve fine-flavour quality and competitiveness, supported by an EU/ITC-led programme. Youth Enterprise: The YOUtrepreneur Programme awarded seed grants up to EC$3,000 and 1% concessional loans up to EC$30,000 to youth-led agribusiness and agri-tech ventures. CBI Policy Pressure: Grenada’s CBI law is being aligned with ECCIRA/EICERA for regional oversight, as EU pressure mounts on Eastern Caribbean citizenship-by-investment programmes. Tourism & Safety Watch: Search efforts continue for missing US tourist Elizabeth “Liz” Waddell in Grenada, with authorities still treating it as a missing person case.
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