HOUSTON, TEXAS (Bloomberg, 29.Mar.2025) — The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market. The decision covers a number of companies including US […]
Tag: Global Oil Terminals
Oil tycoon gets license to continue buying asphalt from Venezuela
CARACAS, VENEZUELA (Nicolle Yapur, Bloomberg, 27.May.2024) — US energy magnate Harry Sargeant III secured a license to continue importing asphalt from Venezuela without breaching US sanctions. Oil firms that want to stay or operate in Venezuela have been applying for permits from the US Treasury after Washington reimposed sanctions last month. Texas-based […]