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Bp has put discussions on hold regarding the development of the Manakin-Cocuina gas field, located on the maritime border between Venezuela and Trinidad and Tobago.
The U.S. has received up to 50 individual license requests for businesses in Venezuela's oil sector after a broader authorization expired. The U.S. aims to prioritize companies with existing assets. Diplomatic talks with Venezuela continue alongside hope for a fair presidential election process.
Spain's Repsol has secured a license from the U.S. Treasury Department to continue and grow its oil and gas ventures in Venezuela. The company, in partnership with PDVSA, is set to expand existing joint projects by incorporating two additional fields.
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela, sources close to the decision said...
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela, sources close to the decision said... -May 23, 2024 at 02:19 pm EDT - MarketScreener