OFAC Amends Venezuela-Related General Licenses

The Treasury’s Office of Foreign Assets Control renewed two Venezuela-related general licenses, according to a Jan. 17 notice. General License No. 8E, which replaces No. 8D, authorizes certain transactions between Petroleos de Venezuela and Chevron, Haliburton, Schlumberger Limited, Baker Hughes and Weatherford International through 12:01 a.m. on April 22. General License No. 5B, which replaces No. 5A, states that certain transactions relating to the PdVSA “8.5 Percent Bond” are authorized on or after April 22.