In a major decision, the United States has informed Italian energy company Eni that it can no longer receive payments in oil ...

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has revoked Maurel et Prom's specific licence for its activities in Venezuela, the French oil group said on Monday. Last week, U.

The Trump administration has revoked the licenses and permits granted to companies connected with Venezuela's state-owned oil ...