Venezuela is increasing its crude exports by shipments to China despite the US sanctions and the decline of oil production, the Bloomberg news agency reported, citing its own research....
US Sanctions
Venezuelan UN envoy Samuel Moncada has called for cooperation between the 29 nations currently under unilateral US sanctions to "mitigate"...
OFAC amended a general license authorizing certain transactions and activities involving Petróleos de Venezuela, S.A. ("PdVSA") that are necessary for the maintenance...
Venezuela sits atop the largest proven oil reserves in the world, clocking in at a whopping 300 billion barrels. But...
On November 17, 2020, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 8G, “Authorizing...
The U.S. Treasury Department on Tuesday issued a new license to Chevron Corp, the last major U.S. oil company still...
Venezuelan Vice President Delcy Rodriguez expressed the belief on Friday that the "forced illegal" sanctions on her country were aimed...
Of 21 new PDVSA customers identified in the state oil company's internal documents, none has any history in oil trading....
Biden advisers have said he would push for humanitarian relief in Venezuela and modify the sanctions framework, without dismantling it...
The United States has assured Italian oil company Eni SpA ENI.MI that efforts to prevent a spill at a floating crude facility...
