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US Sanctions on Venezuela

Public Policy

Since 2006, the United States has imposed certain restrictions and sanctions in response to activities of the Venezuelan government and individuals. This includes sanctions on Venezuela’s state oil company (Petróleos de Venezuela, S.A., or PdVSA), its government, and central bank. These sanctions have increased pressure on the government and accelerated a decline in oil production.

On Monday (2020-06-22), Venezuela was again in the news as former U.S. national security adviser John Bolton’s new book “In The Room Where It Happened: A White House Memoir” was to be published June 23rd. Mr. Bolton makes reference to President Donald Trump considering a blockade of the country as a tipping point to force out President Nicolas Maduro. Venezuela was already facing an economic crash due in part to a drop in oil prices and the afore mentioned decline in production.

Those in the energy industry must be mindful of changing export control regulations and 3rd party brokers operating in countries like Mexico as fronts for those directly or indirectly tied to the Venzuelan government. The following resources (US-centric) are also offered:

General info:




Global Compliance News:

Business Insider:

About the author:
Philip Kastner
Philip has over twenty years of experience in the Energy industry. His previous work includes Procter & Gamble (HQ), ISSC (IBM) and Merrell Dow. He holds a B.Sc. from Indiana University & Kelley School of Business (Bloomington) as well as multiple certifications from Microsoft, IBM and AWS. As product owner of (a B2B focused on the energy industry), he led its architecture, design & development.

10 Comments on "US Sanctions on Venezuela"

  1. Abraham van Helsing on Thu, 25th Jun 2020 3:10 am 

    China-UK relations: deteriorating.

    Today: “Johnson has a friend less”

    “Brexit to China? If forced, London will choose Washington over Beijing”

    That was April 22, 2020. Then came Floyd George, BLM, the statues…

    Xi, Cameron, pub:

    Those days are no more. Instead we have Hong Kong, corona, 5G, threat of no-deal Brexit looming and the the possibility of a disintegrating US.

    Britain is taking a lot of geopolitical hay on its mid-sized fork. Mind your back, BoJo!

  2. Abraham van Helsing on Thu, 25th Jun 2020 3:13 am 

    Xi, Cameron, pub picture:

    Xi Addresses UK parliament in 2015:

  3. joe on Thu, 25th Jun 2020 5:43 am 

    Dont forget annexing Palestine and Dems rigging the George floyd case so that David Chauvin gets off on some kinda technicality this proving somehow that Trump is racist….

    Also theres Epstein…..

  4. Abraham van Helsing on Thu, 25th Jun 2020 10:27 am 

    “Also theres Epstein…..”

    Oh dear, breaking news from Britain!

    We all know the types. People who believe in the Great World Conspiracy. Serious people, people with glasses and a deep frown. People like me. People who sit in hotel lounges, waiting for great British historians to step out of the elevator in order to pick up his audience, one right-winger at a time.

    Now it turns out that these people exist on the left too. Keir Starmer (jewish wife) may have taken over the Labour party, but the ghost of Jeremy Corbyn apparently is still alive:

    “Keir Starmer SACKS shadow education secretary Rebecca Long-Bailey after she tweets praise for ‘antisemitic’ article by left-wing Shameless actress Maxine Peake that claims George Floyd was killed with ‘techniques learned from Israeli spies'”

    Although this is true…

    …when it comes to the Self-Chosen, truth is undesirable. Both BoJo and Keir Starmer are reliable water carriers of the “friends of Israel”. Jewish interests is the name of the game, white lives don’t matter.

    We can only salute Rebecca Long-Bailey for her courage.

  5. joe on Thu, 25th Jun 2020 11:44 am 

    Nord stream 2 cancelled. No great Euro-Rouble-Yuan exchange. Oh well. I guess the EU is stuck with Ukrainian neo-Nazis (if you haven’t figured out Dem policy on Ukraine, you really haven’t been paying attention), and comedians for President. A joker president. RLB is a waste of space anyway. They all work for Soros….
    Also its SIR Kier Starmer. A ‘Jewish’ female is not Jewish if she does not stay home and mind the kids and stay quiet. HAVE YOU EVEN READ THE TORAH!

  6. Abraham van Helsing on Thu, 25th Jun 2020 12:10 pm 

    “Nord stream 2 cancelled.“

    In your feverish anti-white mind only.

    Meanwhile the US government now openly promotes sodomy, obviously to provoke Russia:

    “US Embassy in Moscow flies rainbow flag to honor Pride flag day“


    Eh no, only “The hoax of the 20th century” and “The culture of critique”, by prof. Kevin MacDonald. But I trust joe esquire knows the torah and talmud by heart.

  7. FamousDrScanlon on Thu, 25th Jun 2020 7:58 pm 

    Meet Wikipedia’s Ayn Rand-loving founder and Wikimedia Foundation’s regime-change operative CEO

    Wikipedia has become a bulletin board for corporate and imperial interests under the watch of its Randian founder, Jimmy Wales, and the veteran US regime-change operative who heads the Wikimedia Foundation, Katherine Maher.

    “This is part 2 in a series of investigative reports on the systemic problems with Wikipedia. Read part 1 here: “Wikipedia formally censors The Grayzone as regime-change advocates monopolize editing“

    Internet encyclopedia giant Wikipedia has listed The Grayzone as a “deprecated source,” censoring the independent organization, alongside several other news websites, on an official blacklist of taboo media outlets.

    The blacklisting is the result of a long-running campaign run by a coterie of regime-change activists who have effectively hijacked Wikipedia, scrubbing the site of information that runs counter to their sectarian agenda and editing their political adversaries out of existence.

    At no point has this cabal of editors pointed to a pattern of errors or fabrications by The Grayzone. Instead, they have argued for its blacklisting on the grounds of the political views of its writers, a wholesale violation of Wikipedia guidelines that demand neutrality in editing.

    As detailed in part one of this series, Wikipedia founders and the Wikimedia Foundation have done nothing to address the fundamental corruption of the internet encyclopedia they oversee by a gang of hyper-partisan censors.

    That might be because the founder of Wikipedia, Jimmy Wales, and the executive director of the Wikimedia Foundation, veteran US regime-change operative Katherine Maher, share the interventionist and corporate agenda that disproportionately powerful, neoconservative-oriented editors advance under their watch.

    Jimmy Wales’ Randian philosophy, corporate and national security ties come to the surface

    Born from seemingly humble beginnings, the Wikimedia Foundation is today swimming in cash and invested in many of the powerful interests that benefit from its lax editorial policy.

    The foundation’s largest donors include corporate tech giants Google, Microsoft, Apple, and Craigslist. With more than $145 million in assets in 2018, nearly $105 million in annual revenue, and a massive headquarters in San Francisco, Wikimedia has carved out a space for itself next to these Big Tech oligarchs in the Silicon Valley bubble.

    It is also impossible to separate Wikipedia as a project from the ideology of its creator. When he co-founded the platform in 2001, Jimmy “Jimbo” Wales was a conservative libertarian and devoted disciple of right-wing fanatic Ayn Rand.

    A former futures and options trader, Wales openly preached the gospel of “Objectivism,” Rand’s ultra-capitalist ideology that sees government and society itself as the root of all evil, heralding individual capitalists as gods.”

    That don’t make no cents. Rush & Hannity told me only Libtards was liberty stealing censorship evil doers.

  8. Duncan Idaho on Thu, 25th Jun 2020 8:34 pm 

    There is a resemblance?×284.jpg

  9. Richard Guenette on Sat, 27th Jun 2020 9:55 am 

    Biden is a hypocrite and a liar.

  10. Davy@REAL Green Hypocrite ID Theft on Sat, 27th Jun 2020 10:54 am 

    DavySkum ID Theft:

    Richard Guenette on Sat, 27th Jun 2020 9:55 am

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