Shell has secured preliminary agreements for access and joint ventures within Venezuela's oil sector.
2 reports, 1 independent
Updated Sep 8
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What happened
Shell has secured preliminary agreements for access and joint ventures within Venezuela's oil sector.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A billionaire is linked to a Venezuelan oil deal, involving Shell and the application of US sanctions.Sub-event
Shell is establishing joint ventures and access agreements in Venezuela's oil sector.1 source
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The entities involved
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Shell
British multinational oil and gas company
- Global LNG supply is linked to the stability of the Strait of Hormuz, with oil loading monitored by Kpler and hints of a shift in the oil cartel involving Iraq.
- Companies including Petrobras, Cheniere, ConocoPhillips, Shell, and LNG Canada have announced new agreements regarding long-term LNG sales, venture deals, and capacity expansion.
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Venezuela
Country in Latin America
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PDVSA
Venezuelan government-owned oil company
Related events
- Delcy Rodriguez, Jennifer Geerlings-Simons, and Venezuela signed cooperation agreements in multiple sectors, including an oil deal with a multinational company.
- The Trump administration is nearing a deal to secure access to Venezuelan crude oil, with Halliburton involved in services discussions.
- A bilateral oil pact has been reached targeting strategic fields and including assets in Lake Maracaibo, Venezuela.