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U S Focused on a Democratic Path Forward for Venezuela

"We certainly believe that Venezuela can have a much better, more prosperous, successful, and inclusive future, if competitive elections are allowed to take place there," said Assistant Secretary Nichols.

United statesEdmundo gonzalez urrutiaCarter centerEuropean unionHemisphere affairs brian nicholsAssistant secretaryWestern hemisphere affairs brian nicholsBarbados agreementAssistant secretary nicholsGeneral licenseSecretary nicholsHuman rights

OFAC Reimposes Venezuela Oil And Gas Sector Sanctions But Leaves Door Open For Possible Specific Licensing - Export Controls & Trade & Investment Sanctions

On April 17, 2024, based on a determination by the U.S. government that Nicolás Maduro and his representatives "have not fully met the commitments made" with respect to upcoming Venezuelan elections, the U.S. Department of the Treasury's OFAC replaced GL 44.

Chevron corporationUs departmentOffice of foreign assets controlIssues limited wind downTransactions relatedGas sectorForeign assets controlBarbados agreementGeneral licenseState departmentAsked questions relatedExecutive orderOfac reimposes venezuela oil or gas sector sanctions but leaves door open for possible specific licensingEnergy and natural resourcesEnergy lawAs amp electricity

OFAC Revokes General Authorization for Venezuelan Oil and Gas Sector But Permits Limited Wind-Down Transactions | Paul Hastings LLP

OFAC Revokes General Authorization for Venezuelan Oil and Gas Sector But Permits Limited Wind-Down Transactions | Paul Hastings LLP
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OFAC Reimposes Venezuela Oil and Gas Sector Sanctions but Leaves Door Open for Possible Specific Licensing | Akin Gump Strauss Hauer & Feld LLP

Key Points - On April 17, 2024, based on a determination by the U.S. government that Nicolás Maduro and his representatives “have not fully met the commitments made” with respect to.

Akin gump strauss hauer feldOffice of foreign assets controlUs department of the treasuryChevron corporationAkin gump strauss hauerIssues limited wind down authorizationTransactions relatedGas sector operationsForeign assets controlBarbados agreementGeneral licenseState departmentAsked questions relatedExecutive order

Rystad Looks at USA Reimposition of Venezuela Oil Sanctions

It again becomes illegal for U.S.-based companies to deal in Venezuelan oil, Rystad notes.

White houseDistrict of columbiaUnited statesNicolas maduroCorina yorisMaurel promMaria corina machadoRystad energy senior viceGeneral licenseTrans mountainBarbados agreementMarch bidenExecutive orderOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures