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OFAC Licenses Select Oil Companies to Resume Venezuelan Operations Following Failed US Regime Change
15 Articles
15 Articles
Washington. The United States announced yesterday two general licenses that allow five multinationals to resume oil and gas operations in Venezuela, as well as other companies to negotiate investment contracts in the country without sanctions. Hours later, President Donald Trump said: “our big oil companies are entering; they are going to extract the oil and sell it for a lot of money.”
OFAC Licenses Select Oil Companies to Resume Venezuelan Operations Following Failed US Regime Change
Caracas (OrinocoTribune.com)—On Friday, the US Treasury’s Office of Foreign Assets Control (OFAC) issued General Licenses 49 and 50, easing sanctions against Venezuela in a move that many analysts see as evidence of the failure of Washington’s regime change attempt. This shift comes as Chavismo remains in full control of the country despite the recent high-intensity imperialist aggression. License 50 authorizes transactions related to oil and ga…
There is an OK to resume activities under US supervision. And Donald thinks about reducing tariffs on steel
The US is gradually lifting the embargo introduced during the billionaire's first term in 2019.
The U.S. Treasury Department's Office of Foreign Asset Control issued a license this Friday that lifts the sanctions on Venezuelan oil and allows Chevron, BP, Eni, Shell and Repsol to resume their oil and gas operations in the country. The document known as 'general license No.50' authorizes transactions that, according to the sanctions in force against the Caribbean market, would be illegal if the Venezuelan government, the state-owned PdVSA or…
The United States has authorized five oil giants, including four European companies, to conduct operations in Venezuela under the careful supervision of Washington, informs AFP, taken by Agrpres.
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