Through a series of recently issued general licenses, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has relaxed its Venezuela Sanctions Regulations (VSR) to create a critical pathway for...more
2/23/2026
/ Compliance Management Systems ,
Contract Negotiations ,
Contract Terms ,
Due Diligence ,
Economic Sanctions ,
Foreign Investment ,
General Licenses ,
Investment ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Regulatory Requirements ,
Risk Management ,
Sanctions ,
U.S. Treasury ,
Venezuela
Trump administration authorizes transactions involving Venezuelan oil sector, but subject to detailed conditions to align with U.S. policy objectives. Companies seeking to do business with Venezuela should confirm that their...more
2/2/2026
/ Contract Terms ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Foreign Policy ,
General Licenses ,
Hydrocarbons ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Reporting Requirements ,
Trump Administration ,
U.S. Treasury ,
Venezuela
The recent arrest and arraignment of Venezuelan President Nicolás Maduro has profound legal and economic implications, particularly within the oil and gas sector. The Venezuelan oil sector is now in a state of disrepair due...more
1/7/2026
/ Arbitration ,
Bilateral Investment Treaties ,
Debt Restructuring ,
Dispute Resolution ,
Economic Sanctions ,
Executive Orders ,
Foreign Investment ,
Infrastructure ,
International Arbitration ,
Investment ,
Investment Disputes ,
Investor State Dispute Settlement (ISDS) ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Restructuring ,
Trump Administration ,
U.S. Treasury ,
Venezuela