In early January 2026, reports circulated regarding significant U.S. actions in Venezuela, including alleged military operations in and around Caracas and claims concerning...

On January 29, 2026, the U.S. Department of the Treasury Office of Foreign Assets Control ("OFAC") issued Venezuela General License 46 ("GL 46") authorizing certain commercial activities...

President Hugo Chávez yesterday announced his policy for his third term in office. He heralded a "new era" in the transformation of Venezuela to socialism: the "Simón Bolívar national project 2007-2021." The project contemplates the nationalization of strategic industry sectors, such as telecommunications and electricity, through special powers to be sought from the Legislature.

On February 18, 2020, OFAC designated Rosneft Trading, S.A. (Rosneft Trading), a subsidiary of Russia-based Open Joint-Stock Company...

Last week Bracewell discussed the Trump administration's initial easing of restrictions on Venezuelan oil with General License...

In the month since the U.S. took custody of Venezuelan President, Nicolas Maduro, the U.S. oil industry has been buzzing with rumors and speculation on what new opportunities may lie just south of the Caribbean.

On January 9, 2026, U.S. President Trump signed an executive order ("Order") declaring a national emergency to protect certain Venezuelan government assets from judicial process.

On January 3, 2026, no one was more surprised by the capture and arrest of Nicolás Maduro and his wife than this author, who was born and raised in Caracas.

Venezuela has enacted the most significant reform to its hydrocarbons regime since the sector was nationalized in 1976 ("Reform").

Through a series of recently issued general licenses, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has relaxed its Venezuela Sanctions Regulations (VSR) to create a critical pathway for permitting investments in the country's oil and gas sector.

In the early hours of 3 January 2026, Venezuela’s president Nicholas Maduro and his wife Ceilia Flores were seized by U.S. special forces during a night-time raid and flown to the United States to face trial on charges of “narco-terrorism.”

On January 29, 2026, Venezuela enacted and published the Law Amending the Organic Hydrocarbons Law (the "Hydrocarbons Law Amendment"), introducing sweeping changes to the regulatory framework governing...

Central America is rich in renewable energy resources and there exists tremendous opportunity to harness this potential.

After months of escalating pressure, U.S. military and law enforcement personnel captured Venezuela's disputed ruler, Nicolás Maduro, in a nighttime raid on January 3, 2026.

Oil & Gas Comparative Guide for the jurisdiction of Venezuela, check out our comparative guides section to compare across multiple countries