OFAC | Egypt Oil & Gas
US Issues General Licenses for Venezuela, Reopening Access for Global Majors
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 and ga...
ExxonMobil, Chevron Signal Interest in Venezuela Amid Sanctions Easing
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 and p...
Carlyle Explores UAE Partnerships for $20 Bn Acquisition of Lukoil’s Global Assets
US private equity giant Carlyle has initiated exploratory talks with state-linked investors in the United Arab Emirates (UAE) to potentially partner on the acquisition of Lukoil’s international asset portfolio, curren...
Carlyle, Chevron-Led Group Compete for Lukoil Assets Ahead of U.S. Deadline
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 asset...Page 1 of 1
