StockNow
Log in
Commodities

BP (BP / LN) to sell 20% of its cocuina gas field in Venezuela to Trinidad's National Gas Company, according to reports, citing sources

StockNow breaking-news AI analysis

BP is reportedly selling a 20% stake in Venezuela's Cocuina gas field to Trinidad's NGC, targeting LNG production with an investment decision expected by year-end 2026.

News detail

70% of gas will be used to produce LNG, with remaining amount directed to petrochemicals. Final investment decision could come by the end of the year, according to sources.

1 stocks

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

US forces reportedly fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, according to WSJ citing a US official

Geopolitics

Qatar's Foreign Ministry Spokesperson says negotiations between Oman and Iran are in an advanced stage; heard positive feedback from both countries

Geopolitics

Pakistani Defence Minister reportedly signals the US and Iran are close to some agreement; says the situation is moving towards peace