Browsing Tag
OFAC
4 posts
Maha Capital moves fast on PetroUrdaneta as OFAC authorises US-entity transactions with PdVSA under GL 52
Maha Capital exercises a EUR 4.6m call option for PetroUrdaneta the same day OFAC publishes GL 52, opening Venezuela's oil sector to US entities. Read the analysis.
Russia’s Lukoil to exit global stage: Why international divestments signal a structural retreat
Lukoil is selling key global oil assets under U.S. sanctions. Discover what this means for buyers, markets, and the future of energy geopolitics.
Gold Reserve files urgent motion over extended OFAC license tied to CITGO bondholder restrictions
Gold Reserve seeks judicial clarity after OFAC’s General License 5S extends bondholder limits on CITGO sale, potentially affecting the PDVH bid process.
CITGO sale hearing moved to August 18 as Gold Reserve pursues PDV Holding bid through Dalinar Energy
U.S. court moves CITGO sale hearing to August 18, 2025, with Gold Reserve and Dalinar Energy still in contention to acquire PDV Holding shares.