The US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a sweeping relaxation of sanctions on Venezuela’s energy sector. The move grants two general licenses that allow international oil an ...
US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing of US sanctions, provided that the country establishes robust legal a ...
Carlyle, the US private equity firm, has entered exploratory discussions with investors in the UAE about potentially bringing in partners if it moves ahead with its planned acquisition of Russian oil producer Luko ...
Several investor groups, including private equity firm Carlyle and a consortium comprising Chevron, Quantum Capital Group and Abu Dhabi-based International Holding Company (IHC), are vying to acquire the global as ...
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