US grants license to Shell, Trinidad to develop Venezuelan gas field, official says

Core Viewpoint - The U.S. government has authorized Shell and Trinidad and Tobago to develop an offshore gas field in Venezuela, indicating a significant step in energy collaboration in the region [1] Group 1: Company Developments - Shell, in partnership with Trinidad and Tobago, is set to develop an offshore gas field, which may enhance its operational footprint in the Caribbean and Latin America [1] - The authorization from the U.S. government reflects a potential shift in energy policy and international collaboration in the region [1] Group 2: Industry Implications - The development of the offshore gas field could lead to increased gas production, impacting regional energy supply dynamics [1] - This move may also influence the broader energy market, particularly in terms of gas pricing and availability in the Americas [1]