Key facts: Shell's Venezuela gas project advances; $47M for LanzaJet SAF

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2026.02.20 01:03
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Shell's Dragon gas project in Venezuela, with 4.5 trillion cubic feet of reserves, will benefit from new U.S. licenses, easing previous delays caused by changing policies.1Shell co-led a $47 million funding round for LanzaJet, which has a pre-money valuation of $650 million, aimed at supporting the growth of LanzaJet's sustainable aviation fuel (SAF) technology.2