BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP has announced plans to develop an offshore gasfield in Venezuela in partnership with firms linked to the Trump administration. This move marks one of the first major foreign investments in the country since the ousting of Nicolás Maduro.
BP’s decision comes after Donald Trump called for foreign oil companies to invest ‘at least $100bn’ to help rebuild and tap Venezuela’s resources. BP’s decision comes after Donald Trump called for foreign oil companies to invest ‘at least $100bn’ to help rebuild and tap Venezuela’s resources. BP BP to develop offshore gasfield in Venezuela with firms linked to Trump administration Move will be one of first large-scale foreign investments in country since US ousted leader Nicolás Maduro in January
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