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Shell, BP Seek Return To Venezuela Following Maduro’s Abduction: Report – The Cradle

 Shell, BP Seek Return To Venezuela Following Maduro’s Abduction: Report

US and international energy firms are set to profit from exploiting Venezuela’s oil reserves, which are considered the largest in the world

British energy giant Shell could earn billions of dollars in profits from new Venezuelan gas projects following US President Donald Trump’s abduction of Venezuela’s President Nicolas Maduro, the Telegraph reported on 5 January.

Shell plans to exploit the massive Dragon natural gas field lying between Venezuela and the maritime border of Trinidad and Tobago.

The project to develop the field, which holds an estimated 120 billion cubic meters of gas, is expected to generate $500 million in annual revenue for up to three decades, potentially yielding billions in profit.

Shell and National Gas Company of Trinidad and Tobago (NGC) received rights to develop the field and potential export routes after signing a production-sharing contract with Venezuela’s government in late 2023.

However, the project stalled due to US sanctions on Venezuela imposed by Washington in an effort to depose President Maduro.

🔗SOURCE ➡️ The Cradle

Related: 1/7 — Just In – Trump: “Venezuela Is Committing To Doing Business With The United States Of America As Their Principal Partner.”

1/7 — Republican Senator Rick Scott: “This is the start of changing Venezuela, then we’re gonna fix Cuba, Nicaragua will get fixed, next year we’ll get a new president in Colombia. Democracy is coming back to this hemisphere.”

1/7 — Trump’s “ultimatum” to Venezuela was already agreed to by Maduro himself, but Trump turned it down. Maduro agreed to scuttle all contracts with Russia, China, and Iran, and redirect all of Venezuela’s oil to the U.S., but Jews wanted Maduro gone.

1/6 — Trump Extorted Venezuela For Up To 50 Million Barrels Of Oil, Worth ~$3 Billion, That Will Be Sold With Trump Controlling The Money.

1/5 — Reporter: Did You Speak With The Oil Companies Before The Operation? Did You Tip Them Off?

1/5 — U.S. Ambassador To The United Nations Tells The World Why The U.S. Has Kidnapped The Venezuelan Ambassador: “You cannot continue to have the largest oil reserves in the world under the control of adversaries of the United States.”

1/5 — Trump Is Now Saying The US Will Have Boots On The Ground In Venezuela After We Arrested Maduro And That We Will Be Taking “A Tremendous Amount Of Wealth Out Of The Ground” In The Form Of Oil, As We “Run The Country.”

12/29/25 — A Blackmailed Pedophile Stands Next To The ICC’s Most Wanted War Criminal, Who Operates/d The World’s Largest Pedophile Ring And Announces He Will Be Bombing The Sovereign State Venezuela For Oil And To Place An Israeli Slave As Its New Leader.

12/10/25 — Now – When Asked About What Happens To The Oil On The Captured Tanker Near Venezuela, Trump Says, “Well We Keep It I Guess, I Don’t Know.”

11/25/25 — 🚨😈🇺🇸🇻🇪BREAKING: US Rep. Salazar admits that the US is after Venezuela’s oil: “Venezuela for the American oil companies will be a field day, generating over a trillion dollars in economic activity’

11/25/25 — Rep. Salazar On Venezuela: “We’re About To Go In … We Need To Go In … Venezuela For The American Oil Companies Will Be A Field Day”

11/25/25 — “Wait – Destabalizing And Targeting Venezuela Is About The Oil?”

10/16/25 — Nobel Peace Prize Winner María Corina Machado, A US-Funded Far-Right Coup Leader, Vowed To Privatize Venezuela’s Oil And Give It To US Corporations.

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READ FULL ARTICLE: This article originally appeared on The Cradle

TheMcgwire

Found of The Daily Psyop. Passionate about Foreign Policy. Have been actively involved in Independent Media since 2019.

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