Cuba has long been dependent on Venezuelan oil imports, and the country is experiencing a severe energy crisis in the wake of Nicolás Maduro's removal from power. Until recently, the U.S. excluded oil ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has issued a series of general licenses significantly expanding the ability of companies to engage in upstream oil and ...

The United States has extended a license that ​protects Venezuela-owned refiner Citgo Petroleum from creditors through June ...

Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today noted the issuance by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) ...