27 results found

The Government Enforcement Defense & Investigations (GEDI) team at Foley has been closely monitoring the developing situation in Venezuela. Prior to the recent arrest of Nicolás Maduro, this included the designation...

OFAC delayed the expiration of a general license authorizing certain transactions relating to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond.

n this episode, Akin Gump public law and policy senior advisor and former U.S. Rep. Ileana Ros-Lehtinen and international trade partner Nnedi Ifudu discuss U.S. sanctions on Venezuela.

On August 5, 2019, US President Donald J. Trump expanded existing US sanctions on Venezuela with a new Executive Order that prohibits US individuals or companies from engaging in transactions with the Government of Venezuela, ...

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...

On March 24, 2025, President Trump issued an Executive Order (EO) authorizing the imposition of a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly imports...

On March 24, 2025, President Trump issued an Executive Order (EO) authorizing the imposition of a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly imports...

On March 31, 2019, Secretary of State Mike Pompeo announced a proposed Framework for a Peaceful Democratic Transition in Venezuela (The Framework).

On April 14, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 56...

The recent arrest and arraignment of Venezuelan President Nicolás Maduro has profound legal and economic implications, particularly within the oil and gas sector.

US-designated criminal organizations control Venezuela's mineral-rich Bolívar state, using illicit gold mining to evade sanctions and fund operations. Following Nicholas Maduro's capture, the US and new Venezuelan government are deploying military force and economic reforms to dismantle these networks, but success depends on breaking entrenched corruption while attracting legitimate foreign investment.

The recent removal of President Maduro from Venezuela has triggered a flurry of political activity. However, the legal implications are also far-reaching, with important considerations for foreign investors.

On August 24, 2017, the White House issued an Executive Order (E.O. 13808) that restricts access to U.S. financing for the government of Venezuela and its state owned energy company...

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...

On January 29, 2026, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) initiated a notable, but carefully tailored, easing of US sanctions targeting Venezuela's oil sector.

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.