Venezuelan National Sentenced for Sanctions Evasion Scheme
1 day ago · George Semerene Quintero (Semerene), 61, of Venezuela, was sentenced today to 30 months in prison to be followed by three years of supervised release for conspiring to violate the International Emergency Economic Powers Act (IEEPA) and for his role in a scheme to evade U.S. sanctions imposed on Petróleos de Venezuela S.A. (PdVSA), a …
Venezuela: US Treasury Department Extends CITGO Protection …
5 days ago · Caracas, November 9, 2024 (venezuelanalysis.com) – The US Treasury Department’s Office of Foreign Assets Control (OFAC) has extended a ban on transactions involving Venezuela’s defaulted PDVSA 2020 bond.On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025. Venezuela’s state oil company PDVSA issued the $3.4 billion ...
Blast at Venezuela’s PDVSA Natural Gas Pipeline Halts Output
3 days ago · By Bloomberg News. November 11, 2024 at 2:28PM EST. (Bloomberg) -- An explosion at a key natural gas production facility run by Venezuela’s state owned company Petroleos de Venezuela has shut more than 60% of fuel supply to the country. The explosion at a compression hub Monday morning injured three people and caused oil processing to be ...
Pipeline Explosion at PDVSA Facility in Venezuela’s Monagas …
4 days ago · Outages and accidents at PDVSA's deteriorating facilities are common. Last month, a large fire at a crude storage tank in the country's Western region left more than 20 people with minor burns. Balls of fire and firefighters working to extinguish them were seen in videos and photos posted by neighbors on social media.
Treasury Sanctions Venezuela's State-Owned Oil ...
Washington – Today the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Petroleos de Venezuela, S.A. (PdVSA) pursuant to Executive Order (E.O.) 13850 for operating in the oil sector of the Venezuelan economy.
Al menos cinco trabajadores heridos en la ... - Associated Press News
3 days ago · The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. ... (PDVSA). La causa de la explosión está en ...
ConocoPhillips Secures Court Approval to Seize PDVSA Payments
Sep 30, 2024 · ConocoPhillips (COP), the U.S. oil giant, has achieved a significant legal victory in its long-standing battle to recover compensation from Venezuela’s state-owned oil company, PDVSA.
Middlemen have left Venezuela's PDVSA with $21.2 billion ...
HOUSTON, March 21 (Reuters) - Venezuela's state-run oil company PDVSA has accumulated $21.2 billion in accounts receivable, according to documents viewed by Reuters, after turning to dozens...
Texas billionaire inks deal with Venezuela's state-run oil ... - AP News
Apr 24, 2024 · As part of the deal announced Wednesday, LNG was awarded contracts by state-run PDVSA to take over production and develop two oil fields in eastern Venezuela that currently produce about 3,000 barrels of crude per day.
U.S. Extends License For Transactions With Venezuela's PDVSA
May 10, 2024 · The United States has extended a general license through November 15, allowing certain transactions with Venezuelan state oil company PDVSA that are necessary for wind-down operations,...