OFAC Renews Venezuela-Related General License

The Office of Foreign Assets Control renewed a general license authorizing transactions between certain companies and Petroleos de Venezuela, OFAC said Nov. 17. General License No. 8G, which replaces No. 8F (see 2004220009), authorizes transactions between PdVSA and Chevron, Halliburton, Schlumberger, Baker Hughes and Weatherford International, with certain restrictions, through 12:01 a.m. EDT June 3, 2021. The license was scheduled to expire Dec. 1.