BP, XRG Sign Venezuela Loran Gas Deal as Thaw Builds
Venezuela · Energy Key Facts On Thursday 13 August 2026, BP was awarded a licence in Caracas to develop the second phase of Venezuela’s offshore Loran gas field, partnering with the UAE’s XRG and Qatar’s UCC. The three companies take equal one-third stakes in a licence holding more than 4 trillion cubic feet of recoverable […] The post BP, XRG Sign Venezuela Loran Gas Deal as Thaw Builds appeared…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
