OFAC Renews Venezuela-Related General License
The Office of Foreign Assets Control again renewed a general license authorizing certain transactions between certain companies and Petroleos de Venezuela S.A., Venezuela’s state-run energy company. General License No. 8L, which replaces No. 8K (see 2211280042), authorizes transactions between PdVSA…
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and Halliburton, Schlumberger, Baker Hughes and Weatherford International, with certain restrictions, through 12:01 a.m. EST Nov. 19. The license was scheduled to expire May 26.