Carmella O'Hanlon

Seward & Kissel LLP

+ Follow Contact

Latest Posts › Oil & Gas

Share:

OFAC Announces Wind Down of Chevron’s Oil Operations in Venezuela

On March 4, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 41A, “Authorizing the Wind Down of Certain Transactions Related to Chevron Corporation’s Joint...more

3/7/2025 / Chevron , Compliance , Economic Sanctions , Energy Sector , Export Controls , Office of Foreign Assets Control (OFAC) , Oil & Gas , Regulatory Requirements , U.S. Treasury , Venezuela

President Trump Seeks “Maximum Pressure” on Iran Through Expansion of Sanctions Targeting Iran’s Oil Exports

As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration (the “Administration”) issued a national security memorandum (the “Memorandum”)...more

2/13/2025 / Department of Justice (DOJ) , Economic Sanctions , Export Controls , Foreign Policy , Iran , National Security , Office of Foreign Assets Control (OFAC) , Oil & Gas , Sanctions , U.S. Treasury

OFAC Announces Two New Waves of Sanctions Targeting Russia’s Oil Production and Exports, Military-Industrial Base, and Sanctions...

On January 10 and January 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping sanctions targeting Russia’s oil production and exports, military-industrial base, and other...more

2/10/2025 / Compliance , Economic Sanctions , Energy Sector , Export Controls , National Security , Office of Foreign Assets Control (OFAC) , Oil & Gas , Regulatory Agenda , Russia , U.S. Treasury

3 Results

View per page

Page: of 1