Workflow
Castrol Lubricants and Fluids
icon
Search documents
BP (BP) Seeks Natural Gas Licenses in Venezuela, Trinidad and Tobago
Yahoo Finance· 2026-02-03 10:56
Group 1 - BP Plc is considered one of the most undervalued stocks to buy and hold for 5 years [1] - BP and Shell are seeking licenses from the U.S. Office of Foreign Assets Control to extract natural gas from fields in Trinidad and Tobago and Venezuela, specifically targeting the Loran-Manatee field which contains approximately 10 trillion cubic feet (tcf) of natural gas [1] - The Loran-Manatee field has about 7.3 tcf located in Venezuela and 2.7 tcf in Trinidad and Tobago [1] Group 2 - During the Indian Energy Week conference, it was reported that BP is also seeking a license to develop the Cocuina-Manakin field, which is part of the Plataforma Deltana offshore gas project with 1 tcf of proven gas reserves [2] - BP Plc is a global energy company involved in various sectors including oil and gas production, marketing, trading, aviation fuel, retail fuel, EV charging, lubricants, midstream operations, refining, and bioenergy [3]