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ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
McDermott has won an engineering, procurement, construction and installation (EPCI) contract with Shell Trinidad and Tobago Limited for the development of the Manatee gas field, strengthening its position in the offshore sector.
McDermott has won an engineering, procurement, construction and installation (EPCI) contract with Shell Trinidad and Tobago Limited for the development of the Manatee gas field, strengthening its position in the offshore sector.
PDVSA and Veneoranto, a subsidiary of Atlas Oranto, have signed an agreement to exploit the Barracuda and Boca de Serpiente gas fields, strengthening Venezuela's position in the global natural gas market.
PDVSA and Veneoranto, a subsidiary of Atlas Oranto, have signed an agreement to exploit the Barracuda and Boca de Serpiente gas fields, strengthening Venezuela's position in the global natural gas market.
U.S. LNG exports to Asia via the Cape of Good Hope hit a record high in July, despite the partial lifting of restrictions at the Panama Canal.
U.S. LNG exports to Asia via the Cape of Good Hope hit a record high in July, despite the partial lifting of restrictions at the Panama Canal.
Venezuela awards oil contracts to Anhui Erhuan Petroleum Group and Kerui Petroleum, strengthening its international alliances ahead of the presidential elections.
Venezuela awards oil contracts to Anhui Erhuan Petroleum Group and Kerui Petroleum, strengthening its international alliances ahead of the presidential elections.
Despite its vast gas reserves, Venezuela is struggling to revitalize its energy production in the face of major economic and political challenges.
Despite its vast gas reserves, Venezuela is struggling to revitalize its energy production in the face of major economic and political challenges.

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