Venezuela sanctions Archives - The Daily Journal

U.S. Authorizes Conatel and Cantv to Negotiate Contracts for New Investments

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

The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) authorized on August 21, 2026, the negotiation and execution of contingent contracts aimed at bringing new investment into Venezuela’s telecommunications sector. The measure explicitly allows Venezuelan state entities, particularly the National Telecommunications Commission (CONATEL) and Compañía Anónima Nacional Teléfonos de […]

OFAC sanctions Harry Sargeant III company linked to oil operations in Venezuela

August 19, 2026August 19, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added Bluwaves Properties Limited, a company registered in the British Virgin Islands, to its Specially Designated Nationals and Blocked Persons (SDN) List. The company belongs to Harry Sargeant III, a Florida energy magnate who has long served as a channel […]