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Oil & Energy

Ofac gives green light to new operations with crude, minerals and telecommunications in Venezuela

OFAC updated eight general licenses for Venezuela, expanding authorizations for oil, gas, mining, and telecommunications operations while maintaining restrictions on sanctioned entities and certain transactions.

Tracked question

Is the international community easing or tightening pressure? · Full question dossier →

linked by topic terms: sanctions

What would settle it: A formal sanctions change (easing or new measures) enacted, not merely requested.

Evidence state: emergingas of Sep 12, 2026changed from established → emergingnot yet linked to a tracked event object in our corpus — no source count yet

OFAC updated eight general licenses (46, 47, 48, 50, 51, 52, 54, 61) on August 27, 2025.

License 46D authorizes US companies established before January 29, 2025, to conduct petroleum operations for import to the US.

License 52B expands transactions with PDVSA and entities 50% or more owned by PDVSA, excluding certain bonds and debts.

License 50C authorizes operations with six named companies: BP, Chevron, Eni, Maurel & Prom, Repsol, and Shell.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-27 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.