While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

Sanctions on Venezuela’s energy sector were temporarily frozen in October ... Nonetheless, the U.S.’ Office of Foreign Assets Control has allowed a number of oil producers to restart ...

The Treasury Department is easing sanctions against Venezuela‘s oil sector, allowing U.S.-based ... Treasury’s Office of Foreign Assets Control issued a new general license on Saturday ...

HOUSTON (Reuters) - Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to some oil companies that allow them to export the ...

Though Washington eased some sanctions on Venezuela’s oil and gas sector in 2023 ... highly vulnerable to unpredictable swings in global energy prices and capital flight. The so-called resource ...

[21] The Biden administration seems to be banking part of U.S. energy ... quality control issues.[22] Further, unfathomable corruption, lack of maintenance, outmigration and firing of technical ...

In April, President Biden wisely chose to revoke temporary sanctions relief against Venezuela’s energy sector. But in the ... the Office of Foreign Assets Control regulations issued in 2010 ...

The Treasury Department issued limited sanctions relief for oil production in Venezuela, following talks in Mexico City between a sector of Venezuela ... Biden’s energy policy—that is ...

The relationship between Trinidad and Tobago and Venezuela in the energy sector dominated headlines ... We sought, through the Office of Foreign Assets Control, to get what we call a carve-out.