politics

BP to Partner with Trump-Linked Firms on Offshore Gasfield in Venezuela

14 Ağustos 2026The Guardian

BP is set to develop a large offshore gasfield in Venezuela, marking one of the first significant foreign investments in the country since the US ousted Nicolás Maduro in January. The company is responding to Donald Trump's call for oil firms to assist in revitalizing Venezuela's fossil fuel sector.
BP will collaborate with two oil companies closely associated with the Trump administration to advance the Loran gasfield project.
Venezuela has been in a state of political and economic turmoil for several years, particularly after the US imposed sanctions and supported efforts to oust Maduro. The country's oil and gas industry, once a pillar of its economy, has suffered significantly due to mismanagement and external pressures.
This move by BP signals a potential shift in the geopolitical landscape of Venezuela's energy sector, especially following the US's recent political maneuvers. The involvement of firms linked to the Trump administration raises questions about the motivations behind this investment and its implications for US-Venezue…

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This article is for informational purposes only and does not constitute financial or investment advice.

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