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International Business Times UK
International Business Times UK
World
Jay Gotera

UK's Shell Eyes Billions in Venezuela Gas Fields After Trump's Maduro Ouster

Cars drive past an oil refinery in Moron, Venezuela, in 2009. Venezuelan oil infrastructure stands poised for revival following political upheaval, as UK firms eye major investments. (Credit: AFP/Getty Images)

Following the ouster of Nicolás Maduro as president of Venezuela by US forces on orders by President Donald Trump, British energy giant Shell is poised to capitalise on a substantial energy opportunity in Venezuela.

The development has reportedly paved the way for the UK-based company to explore and exploit significant natural gas reserves. This development has the potential to dramatically alter Shell's financial standing, driven by projected revenues.

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