US allows some wind down transactions with Venezuela's state oil company


Reuters | Washington DC | Updated: 10-05-2024 20:02 IST | Created: 10-05-2024 20:00 IST
US allows some wind down transactions with Venezuela's state oil company
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  • Country:
  • United States

The United States on Friday extended a general license allowing certain transactions with Venezuelan state oil company PDVSA that are necessary for wind-down operations, according to a notice posted to the U.S. Treasury Department's website.

The general license is being extended through Nov. 15 and covers companies including Halliburton, Schlumberger , Baker Hughes Holdings, and Weatherford International PLC, the notice showed.

 

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