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0.00131423314495984 0.0014456564594559 0.00420554606387164 0.000919963201471851 0.000788539886975979 0.00394269943487971 -0.00118280983046397 -0.000525693257984049
Stock impact report

BP's Venezuela Opening Adds New Dimension To Atlantic Gas Story [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Recent changes in US policy now allow BP greater operational freedom in Venezuela, opening the door to expanded oil and gas activity. BP is seeking US licenses to advance cross-border gas projects that link Venezuelan fields with Trinidad and Tobago. These developments reflect a shift in regional political and regulatory conditions that affect access to Latin American gas resources. For investors watching LSE:BP, the Venezuela shift comes as the shares trade around £4.6265, with a 16.2% return over the past year and 132.8% over five years. Returns of 5.9% over the past week and 7.4% over the past month suggest the stock has already reacted to some recent company and sector news, even if this Venezuela story is still developing. The new US stance on Venezuela and the push for cross-border gas licenses with Trinidad and Tobago give BP additional optionality in its Latin American portfolio. How these projects progress, including timing and scale, will be important for understand Show less Read more
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