U.S. issues license facilitating oil, gas exploration and production in Venezuela

Washington has relaxed sanctions on Venezuela's energy industry since U.S. forces captured President Nicolas Maduro in early ...

Applied Materials to pay $252 million over illegal exports to China

By Karen Freifeld and Jasper Ward WASHINGTON, Feb 11 (Reuters) - The U.S. Department of Commerce on Wednesday announced a ...

Exclusive-Venezuela's PDVSA selling oil only to individually licensed companies, sources say

By Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela's state-run oil company PDVSA has refused to ...
National Law Review

US Eases Venezuela Sanctions Through New General Licenses and FAQs

The General Licenses and guidance issued by OFAC are part of a rapid recalibration of US sanctions on Venezuela. Companies ...