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Tag: venezuela
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.
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.
Tags: part
employees
venezuela
restructuring
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