U.S. Companies Archives - The Daily Journal

Halliburton signs agreements with Eneva and WESCA to evaluate new oil and gas projects in Venezuela

September 22, 2026September 22, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Halliburton signed memorandums of understanding with Brazil’s Eneva and WESCA to evaluate oil and gas development opportunities in Venezuela as international companies seek to position themselves in the country’s energy sector. The agreements cover asset evaluation, development planning, and subsurface analysis. However, the companies have not announced any investments, committed capital amounts, […]

OFAC expands authorization for U.S. companies to operate with PDVSA under new conditions

September 14, 2026September 14, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) expanded its authorization Monday to allow certain U.S. companies to conduct transactions with Petróleos de Venezuela (PDVSA) and its majority-owned subsidiaries, marking another easing of the sanctions framework governing operations with Venezuela’s oil sector. General License 52C, which OFAC issued on Sept. […]

OFAC expands authorizations for trade and investment in Venezuelan gold and minerals

September 3, 2026September 3, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three new general licenses on Wednesday that expand authorized operations in Venezuela’s coal, gold and other mineral sectors, opening the door to trade, technology supplies and negotiations for future investments. The measures, identified as General Licenses 51D, 54C and […]