OFAC Issues Venezuela-Related License
The Treasury’s Office of Foreign Assets Control issued a Venezuela-related general license extending certain permitted transactions with Petroleos de Venezuela, Venezuela’s state-owned oil company, according to an Oct. 21 OFAC notice. General License No. 8D, which replaces No. 8C, authorizes…
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certain transactions by Chevron Corp., Haliburton, Schlumberger Limited, Baker Hughes and Weatherford International until Jan. 22, 2020.