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UAE Emerges as Hub for Avoiding US Oil Sanctions on Venezuela

2020-12-30 11:30:00| OGI

Three UAE entities identified by Reuters have built their fleets since early 2019 with vessels that have since made mainly Venezuela-related journeys, according to vessel tracking data.

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New US License Gives Chevron until June 3 to Wind Down Venezuela Operations

2020-11-18 11:22:31| OGI

The U.S. Treasury Department on Nov. 17 issued a new license to Chevron Corp., the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC member nation.

Tags: june license operations wind

 
 

US Assures Eni Repairs to Venezuela Oil Facility Not Barred by Sanctions

2020-11-03 14:55:54| OGI

Images showing the Nabarima floating storage and offloading facility tilting to its side have raised concerns.

Tags: oil venezuela facility repairs

 

Chevron Dismisses Venezuela Employees as Part of Restructuring

2020-09-15 11:10:00| OGI

A Chevron spokesman confirmed that the company was making an "organizational adjustment" in Venezuela, as part of the global reduction in headcount by 10%-15% prompted by the crude price plunge and drop in demand.

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Top Envoy: US Preparing Tighter Oil Sanctions on Venezuela

2020-09-01 16:16:26| OGI

Exemptions for European and Asian companies for diesel would be removed.

Tags: top oil venezuela preparing

 

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