Prime Minister Dr Keith Rowley today received a status report from the Petrotrin board detailing the progress made in the months since its appointment in September, the Office of the Prime Minister said.
The meeting featured discussions on the various options available as work continues towards restructuring the State-owned company.
The Prime Minister's Office said that throughout 2017 Government continued its systematic review of the operations at Petrotrin.
Students of the Trinidad and Tobago Hospitality and Tourism Institute are considering taking legal action against the institution.
The students are challenging a decision by the institute to significantly increase its tuition fees.
Those affected say fees have doubled for the next semester without justification.