As of 2003, Venezuela had 77.5 billion barrels (1.232 × 10 10 m 3) of conventional oil reserves according to PDVSA figures, the largest in the Western Hemisphere and making up approximately half the total. This puts Venezuela as fifth in the world in proven reserves of conventional oil. By also including an estimated 235 billion barrels (3.74 × 10 10 m 3) of tar-like extra heavy crude …

OFAC administers a number of different sanctions programs. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals. Where is OFAC's country list? Active Sanctions Programs: Program Last Updated: Afghanistan-Related Sanctions 02/25/2022 Balkans …

Nov 15, 2022 · In late 2017, Venezuela also entered selective default on some of its sovereign and state oil company, Petroleos de Venezuela, S.A., (PDVSA) bonds. Domestic production and industry continues to severely underperform and the Venezuelan Government continues to rely on imports to meet its basic food and consumer goods needs.

Bonds and Securities. Buy, Manage, and Redeem. Treasury Hunt - Search for Matured Bonds. Cashing Savings Bonds in Disaster-Declared Areas. Frequently Asked Questions. ... Treasury Issues Venezuela General License 41 Upon Resumption of Mexico City Talks. November 23, 2022. Treasury Sanctions Iranian Officials Connected to the Continued Protest ...

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Citgo Petroleum Corporation (or Citgo, stylized as CITGO) is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. Headquartered in the Energy Corridor area of Houston, it is majority-owned by PDVSA, a state-owned company of the Venezuelan government (although due to U.S. sanctions in …

Nov 26, 2022 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 8K, "Authorizing Transactions Involving Petróleos de Venezuela, S.A. (PdVSA) Necessary for the Limited Maintenance of Essential Operations in Venezuela or the Wind Down of Operations in Venezuela for Certain Entities" and Venezuela …

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Die Petróleos de Venezuela S.A. (PDVSA, [peðeˈβesa]) (zu deutsch: Petroleum von Venezuela) ist die größte Erdölgesellschaft Lateinamerikas und Venezuelas größter Exporteur. Sie wurde 1976 im Zuge der Verstaatlichung der Erdölindustrie des Landes gegründet und unter dem Kürzel Petroven bekannt. Das Unternehmen hat seinen Sitz in Caracas und steht unter der Leitung …

Nov 17, 2022 · Luxembourg-based Canaima Fund Lux has launched an investment vehicle that aims to pool European holders of defaulted bonds issued by Venezuela and its state-owned oil firm Petroleos de Venezuela (PDVSA) (PDVSA.UL) ahead of possible legal action against the government. By Reuters – Rodrigo Campos Nov 16, 2022