Chevron (CVX) set to return Loran gas field to Venezuela and sign agreement to participate in extra heavy oil area in Orinoco belt, sources report; Shell (SHEL LN) to sign agreement to operate Loran offshore gas field in Venezuela

Chevron and Shell's agreements to operate and return the Loran gas field in Venezuela signal a potential thaw in U.S.-Venezuela relations, which could impact global energy supply dynamics.

Newsquawk StaffPublished 13 Apr 2026, 16:20 UTCOn the live feed at 16:00 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

16:06

The US proposed that Iran accept a 20-year moratorium on uranium enrichment during negotiations in Islamabad over the weekend, according Axios, citing sources

16:04

A NATO official says that the UK has been leading a coalition of more than 40 countries, including many NATO allies, to reopen the Strait of Hormuz, MS Now reports

16:00

Chevron (CVX) set to return Loran gas field to Venezuela and sign agreement to participate in extra heavy oil area in Orinoco belt, sources report; Shell (SHEL LN) to sign agreement to operate Loran offshore gas field in Venezuela

15:59

China’s Defense Minister Dong reportedly sent a message to the Trump admin and US Navy emphasising Beijing’s intent to continue operating in the Strait of Hormuz and uphold its agreements with Iran, reports on X

15:51

At least 15–20 mainly Chinese, Pakistani, Russian and Iranian vessels have recently transited the Strait of Hormuz using a controlled shipping corridor with IRGC permission after paying tolls

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This development may also indicate a shift towards increased European engagement in Venezuelan energy resources, influencing oil and gas prices, especially as geopolitical tensions continue to drive energy market volatility.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/8 Sept · 11:48 UTC

AstraZeneca (AZN LN) says Phase III tozorakimab data in COPD showed a 29%-34% reduction in exacerbations.

Market, after we published+1.0%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.