BP plc (BP) has put on hold its negotiations with Venezuela regarding the development of the Manakin-Cocuina gas field, which straddles the maritime border between Venezuela, and Trinidad and Tobago, per a Reuters report.The decision follows the expiration of a crucial U.S. license in April 2024, which previously permitted some level of engagement with the Venezuela government under sanctions.The Manakin-Cocuina field, boasting an estimated reserve of 1 trillion cubic feet, has been a focal point of discuss ...