International Relations, Exploration, production, oil, gas, license, U.S. Treasury, energy policy, Venezuela
February 11, 2026
US issues license authorizing oil, gas exploration and production in Venezuela, Treasury says
On February 10, 2026, the U.S. Treasury Department issued a general license that permits U.S. firms to supply goods, technology, software, or services for the exploration, development, or production of oil and gas in Venezuela. The authorization marks a significant shift in U.S. policy toward the country’s energy sector. Under the license, companies can now […]