Donald Trump revokes licences for BP and Shell projects in Venezuelan waters

Trump Revokes Oil Majors’ Gas Project Licenses Offshore Venezuela

The Trump Administration has revoked licenses for supermajors Shell and BP and their partners to operate natural gas projects offshore Venezuela that plan to send gas to Trinidad and Tobago, the Caribbean island’s Prime Minister Stuart Young has said. Since taking office in January, U.S. President Trump has started to tighten the screws on Venezuelan oil industry and exports, revoking Chevron’s license and the licenses of the European firms to e…

Donald Trump revokes licences for BP and Shell projects in Venezuelan waters

Washington’s decision could leave Trinidad and Tobago’s Atlantic LNG sites vulnerable to gas shortages

Shell’s Venezuelan Gas Dream Goes Up in Smoke (Again): Sorry, Not Even Trump Can Save You This Time

Because Nothing Says “Energy Security” Like Betting on Shell, PDVSA, and Political Chaos All at Once In a move that could only shock people who’ve been asleep since 2017, the Trump administration has revoked licenses for oil supermajors Shell and BP to operate natural gas projects offshore Venezuela. That’s right—just when the fossil fuel giants thought they could sneak more gas profits out of South America, boom, the U.S. pulled the plug. From …