Last mentioned: Mar 25, 2026
First Gas Export
Target window for the first commercial gas flows from Venezuelan waters to international LNG markets.
Miami Pitch
Delcy Rodríguez presents the newly opened sector to investors at a Miami summit.
Sanctions Eased
Further easing of sanctions to offset global supply losses from the Iran war.
Broad Sector Waiver
Washington issues a broad waiver reopening the oil sector to U.S. companies.
OFAC General Licenses
U.S. Treasury issues initial licenses regarding oil trade with Venezuela.
Shell/BP Involvement
Major energy firms begin technical assessments for subsea pipeline infrastructure connecting the two nations.
Dragon Field Agreement
Venezuela and Trinidad sign a 30-year license for the exploration and exploitation of offshore gas.
OFAC License Granted
U.S. Treasury issues a license allowing Trinidad and Tobago to develop the Dragon gas field with Venezuela.
Venezuelan Vice President Delcy Rodríguez presented a revitalized energy framework to international investors at a high-profile Miami summit, signaling a significant shift toward private participation in the nation's oil industry. The move follows recent U.S. regulatory waivers designed to stabilize global energy markets amid geopolitical tensions in the Middle East.
While Venezuela holds the world's largest proven oil reserves, its massive and underutilized natural gas deposits are emerging as a more strategic asset in the global energy transition. Recent deals with regional neighbors and international majors signal a pivot toward monetizing gas as a cleaner alternative to the nation's heavy crude.
This page surfaces every story mentioning OFAC across our finance coverage. We track each entity's appearance over time so readers can trace how the narrative evolves — which developments are isolated incidents, which build into longer arcs, and which reframe how operators in the space think about the entity. Story selection uses the same multi-source verification gate applied across the rest of our coverage.
Read our editorial methodology for how we identify, deduplicate, and score entity references. Our glossary defines the technical terms used across stories on this page, and our trends index contextualizes individual developments against the longer-running finance beat. Cross-entity comparisons live on our compare view.
| What you see | What it tells you |
|---|---|
| Story count | Number of distinct stories where OFAC was a primary or referenced actor. |
| Recency clustering | Whether mentions are concentrated in a recent window (a news cycle) or distributed (a sustained arc). |
| Sentiment distribution | Aggregate sentiment of the stories mentioning this entity, weighted by impact score. |
| Cross-niche links | When the same entity surfaces in our sibling networks, we link to those views to enrich context. |