BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
- BP has answered Donald Trump’s call for oil companies to help rebuild Venezuela’s fossil fuel industry with new plans to develop a large offshore gasfield.
- BP will partner with two oil firms with close links to the Trump administration to develop the second phase of the Loran gasfield, in one of the first large-scale foreign investments in Venezuela since the US ousted its leader Nicolás Maduro in January.
- The London-listed oil company holds a licence to develop the field alongside a Qatari company owned by the Al-Khayyat brothers, the Syrian-born billionaires working with Ivanka Trump, the pres
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- BP has answered Donald Trump’s call for oil companies to help rebuild Venezuela’s fossil fuel industry with new plans to develop a large offshore gasfield.
- BP will partner with two oil firms with close links to the Trump administration to develop the second phase of the Loran gasfield, in one of the first large-scale foreign investments in Venezuela since the US ousted its leader Nicolás Maduro in January.
- The London-listed oil company holds a licence to develop the field alongside a Qatari company owned by the Al-Khayyat brothers, the Syrian-born billionaires working with Ivanka Trump, the pres
Sources: Guardian