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BP strikes deal to produce gas in Venezuela just weeks after oil giant announced North Sea sell-off
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GB News
BP strikes deal to produce gas in Venezuela just weeks after oil giant announced North Sea sell-off
Oil giant BP has struck a deal to produce gas in Venezuela, just weeks after announcing it was seeking to sell up in the North Sea.
The company has been awarded a licence for the Loran field off the country’s east coast, estimated to contain four trillion cubic feet of recoverable gas.
The move will be among the first major foreign investments in the country since former leader Nicolas Maduro was arrested by Amer…
14 Aug, 17:19