--President Trump's administration has revoked special licenses granted to BP and Shell to undertake gas projects in Venezuela, the Financial Times reports.
--The licences were for Shell's Dragon and BP's Cocuina-Manakin joint ventures, involving Trinidad and Tobago's National Gas Company and its government, the FT reports. The projects intended to transport Venezuelan gas to the Atlantic LNG plant on the Caribbean island, the FT adds.
-- Representatives of BP didn't immediately respond to a request for comment while Shell declined to comment, the FT reports.
Full story: https://shorturl.at/oSc6k
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
April 09, 2025 02:06 ET (06:06 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.