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  1. The Venezuelan government has enacted new regulations concerning the oil sector.

Venezuela's energy sector is opening, granting licenses to international firms like Shell and UCC for gas development in the Loran field.

1 report, 1 independent Updated Aug 14
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Venezuela's energy sector is opening, granting licenses to international firms like Shell and UCC for gas development in the Loran field.

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  1. The Venezuelan government has granted an offshore natural gas concession, involving the BP/XRG/UCC consortium.Sub-event
  2. Shell and partners have commenced joint gas production in the Loran Field as part of Venezuela's energy sector opening.Sub-event
  3. U.S. pressure drives Venezuelan energy reform, granting Shell and UCC licenses for gas development in Loran.1 source

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