
Click to view full size
Energy majors Shell plc and BP plc have been cleared to operate in Venezuela under newly issued licences from the United States Department of the Treasury, paving the way for long-delayed gas projects such as the Dragon field to move closer to execution.
Shell and BP were among five international oil companies granted approval after the Treasury issued General Licences 49 and 50 yesterday, allowing specified energy firms to resume oil and gas operations in Venezuela under defined legal and financial conditions.
Questions raised: Former PM and energy minister Stuart Young.
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
Related stories
See articles related to "US clears Shell, BP for Venezuela"