PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025, Words: 246) — Venezuela’s President Nicolás Maduro ordered activation of the “absolute productive independence plan” aimed to assist the country maintain its hydrocarbon sector and underlining economic growth.
This, after the US Office of Foreign Assets Control (OFAC) issued General License 41 (GL41A) on 4 Mar. 2025 stipulating Chevron Corporation wind down its operations by 3 Apr. 2025