Venezuela

Shell Eyes Venezuela’s Oil Jackpot: Climate Promises Take Another Holiday

Just when you thought the world’s biggest oil companies might slow down their hunt for new fossil-fuel frontiers, along comes Venezuela — the planet’s largest untapped oil treasure chest — and suddenly climate pledges look suspiciously like optional extras.

According to fresh reports, Chevron and Shell are moving closer to major oil and gas agreements in Venezuela, marking the first large-scale deals since the country’s political upheaval and reopening of its energy sector to foreign investment.  read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment.

Shell’s Venezuelan Comeback: Big Oil Returns to the World’s Most Sanctioned Oil Patch

For years, Venezuela was the oil industry’s forbidden zone — a country with the largest proven oil reserves on Earth but locked behind layers of sanctions, political turmoil and diplomatic brinkmanship.

Now the door is creaking open again.

Recent reporting by Upstream Online and other energy news outlets indicates that Shell has confirmed it is preparing to move forward with Venezuelan energy opportunities, following major shifts in U.S. sanctions policy that now allow international oil companies to negotiate deals with the country’s state oil company, PDVSA. (upstreamonline.comAttachment.tiff) read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment.