Shell (SHEL LN) CEO says one or two Venezuelan projects could go ahead by the end of the year if fiscal and legal situations allow for it
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Shell (SHEL LN) CEO says one or two Venezuelan projects could go ahead by the end of the year if fiscal and legal situations allow for it
US State of Department says that US investment is helping the Venezuelan economy, adding that Venezuela sees more USD in two months than in all of 2025, speaking at Ceraweek
Iranian Foreign Minister says the Strait of Hormuz is open to all, but countries at war with Iran are not considered
On the Newsquawk feed at , 20 minutes before this page.
Context
The Shell CEO's comment on potential Venezuelan projects highlights a strategic pivot towards resource-rich areas, contingent on resolving fiscal and legal challenges. If these projects materialize, it could enhance Shell's oil and gas portfolio, potentially boosting investor sentiment and adding to its operational scale in an increasingly competitive market.
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