The U.S. Department of the Treasury extended gas delivery and offloading in Venezuela until September 7 through General License No. 40D, issued by the Office of Foreign Assets Control (OFAC).
The new license replaces license 40C and authorizes, until the indicated date, "certain transactions with…
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OFAC extends deadline for Chevron to liquidate operations in Venezuela
Chevron has until May 27 to liquidate its operations in Venezuela. This was decided by the U.S. Office of Foreign Assets Control (OFAC), according to an announcement on Tuesday.
U.S. President Donald Trump had been considering giving the…
Chevron to continue operations in Venezuela
The American oil company Chevron will continue operations in Venezuela after the United States Office of Foreign Assets Control (OFAC) automatically renewed General License number 41 for six months.
The decision was announced during the…
OFAC extends oil service companies’ licenses to operate in Venezuela for six months
The Office of Foreign Assets Control of the United States Department of the Treasury (OFAC) announced on Thursday, November 7, the extension for six months, until May 9, 2025, of the licenses to operate in Venezuela for the oil service…
Chevron will be able to operate in Venezuela until April 2025
Chevron's operations in Venezuela will be able to continue until April 2025 after the United States Department of the Treasury, through the Office of Foreign Assets Control (OFAC), renewed General License 41 that authorizes said activity.…
The US eased sanctions against Venezuela after the agreement for the 2024 elections
The United States government temporarily lifted some of the sanctions imposed on the Venezuelan oil sector, one day after the agreement between the government and the opposition platform of the Latin American country, as a guarantee for the…