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 companies Halliburton, Schlumberger Limited, Baker Hughes…
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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…