petrochemicals Archives - The Daily Journal

OFAC expands licensing framework for oil and electricity operations in Venezuela

September 29, 2026September 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — The United States updated on Monday the licensing framework governing certain commercial and investment activities related to Venezuela’s oil, gas, petrochemical, and electricity sectors through General Licenses 46E, 48D and 49B issued by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). The new provisions replace previous versions of those […]

Venezuela has the gas, but it still needs to build the market

July 9, 2026July 9, 2026Tatiana Da GamaLeave a Comment

By Julio A. López, Editor-in-Chief — Venezuela’s map of gas transportation projects reveals far more than a network of pipelines. It illustrates the scale of the challenge the country faces in transforming its vast natural gas resources into an efficient supply for households, industries, power plants, petrochemical complexes, and eventually, export markets. The first conclusion […]