OFAC renews Venezuela General License 8 permitting only limited wind down and maintenance activities
Hours before its expiration, OFAC extended and re-issued General License 8 as General License 8F on April 21, 2020. The new General License implements significant changes in US sanctions policy with ...
The Office of Foreign Assets Control (OFAC) recently released General License D regarding the exportation of certain services, software and hardware pertaining to personal communication exchange in ...
“Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief statement, adding that it ...
The United States has extended a general license through November 15, allowing certain transactions with Venezuelan state oil company PDVSA that are necessary for wind-down operations, according to a ...
(Update) February 11, 2026, 3:29 PM GMT: Article updated. The US government issued a general license to allow oilfield-service companies to work in Venezuela as the Trump administration eases ...
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