OFAC authorizes sale of US diluents to Venezuela

The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country. According to this license, the export and…

The United States extends Citgo auction until March

A new license issued by the US Treasury Department's Office of Foreign Assets Control (OFAC) has extended the auction of the Citgo refinery until March. The document states that it "temporarily prevents creditors from invoking US courts to…

Fedenaga forecasts increased meat demand this year

According to recent statements by the president of the National Federation of Livestock Producers of Venezuela (Fedenaga), Édgar Medina, an increase in domestic meat consumption is projected for 2026. Medina added in a radio interview that…