In oil and gas industry news, Bahamas Petroleum Co (LON:BPC) is awaiting a referendum to be held on its planned offshore oil exploration drilling.

The first Bahamas Economic Recovery Strategy Meeting was held in Nassau yesterday, drawing key figures in government and industry together to debate a national economic plan. Pictured: (left-right) Minister of Investment Khaalis Rolle; Prime Minister Perry Christie; and Chester Cooper, president of the Bahamas Chamber of Commerce and Employers Confederation.