Repsol and 4 other companies will be able to resume their activity

February 13, 2026 Remington Norris News 0


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This Friday, the United States eased a large part of the sanctions on Venezuela’s energy sector.

Two general licenses have been issued allowing companies such as Repsol, BP, Chevron, Eni and Shell to resume their oil and gas operations in the country.

The new measures also enable other companies to negotiate investment contracts in new energy operations in Venezuela.

This Friday, the United States eased much of the sanctions on Venezuela’s energy sector by issuing two general licenses, which allow global companies such as Repsol, BP, Chevron, Eni and Shell to resume their oil and gas operations in the country, and which, on the other hand, enable other companies to negotiate investment contracts in new operations.

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