Venezuela and Shell Sign Key Energy Agreements to Develop Gas Fields.
Венецуела предостави лиценз на петролната компания Шел (Shell) за първата фаза на проучване и добив на природен газ от газовото находище Лоран, предаде испанската новинарска агенция ЕФЕ. Отделно споразумението беше подписано в Каракас на церемония, водена от изпълняващата длъжността президент на Венецуела Делси Родригес.
At the Miraflores Palace, the seat of the Venezuelan government, Rodríguez explained that the license would allow the appropriate use of gas for export purposes.
The acting president, who assumed office after former President Nicolás Maduro was apprehended by the United States on January 3, described the license as a historic step. She noted that the cross-border field had remained undeveloped for 23 years and praised the agreement with one of the world's most important companies, referring to Shell. Shell’s Executive Vice President for Exploration and Production, Peter Costello, welcomed the agreements as a significant milestone for both Venezuela and the company. During the signing ceremony, he expressed enthusiasm for the partnership and commitment to delivering the mutual benefits of this long-term cooperation.
On June 4, 2026, Indian Prime Minister Narendra Modi and interim President Delcy Rodríguez agreed to build long-term bilateral cooperation in the energy sector, according to India’s national news agency PTI. Following extensive negotiations, the two sides agreed to strengthen economic ties in strategic natural resources, pharmaceuticals, agriculture, and automotive manufacturing.
Following the approval of amendments to the Hydrocarbons Law in January, which paved the way for private and foreign investment with U.S. backing, Rodríguez signed the agreements with Shell in Caracas. In addition, on March 12, Juan Nutt, CEO of the Venezuelan company Vepica, told EFE that his company had reached an agreement with Shell to develop oil and gas fields in the South American nation.