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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What happened
Venezuela's energy sector is opening, granting licenses to international firms like Shell and UCC for gas development in the Loran field.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Venezuelan government has granted an offshore natural gas concession, involving the BP/XRG/UCC consortium.Sub-event
- Shell and partners have commenced joint gas production in the Loran Field as part of Venezuela's energy sector opening.Sub-event
U.S. pressure drives Venezuelan energy reform, granting Shell and UCC licenses for gas development in Loran.1 source
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The entities involved
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Venezuela
Country in Latin America
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Shell
British multinational oil and gas company
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UCC
Czech company