OFAC amends Venezuela licence to restrict 5 US oil companies’ PdVSA activities

22 April 2020

OFAC amends Venezuela licence to restrict 5 US oil companies’ PdVSA activities

OFAC has issued General Licence 8F, so as to narrow the authorisation for 5 American oil and gas companies, allowing them to conduct only oil-related transactions and activities incident and necessary to the limited...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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