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Spain's Repsol has received a U.S. Treasury license to expand its oil and gas operations in Venezuela. The company plans to double output through joint ventures with PDVSA, adding large oilfields to their projects. This follows U.S. reviews of 50 energy business license requests in Venezuela.
Oil firms that want to stay in Venezuela are flooding the U.S. Treasury's Office of Foreign Assets Control with applications for permits after Washington r...
ENERGY Minister Stuart Young says energy multinational Shell and the National Gas Company (NGC) have a a joint-venture agreement to explore Venezuela's Dragon field and export natural gas reserves there.
The US Treasury Department is set to favor licenses to corporations that already have activities in Venezuela, according to reports.
MIAMI (AP) — The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon $1.2 billion