Trump administration publishes General License 62 amid dispute resolution discussions involving Caracas and Singapore.
1 report, 1 independent
Updated Aug 25
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What happened
Trump administration publishes General License 62 amid dispute resolution discussions involving Caracas and Singapore.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SLB is partnering with PDVSA for oil sector modernization in Venezuela, while Trump encourages major investments in the country's energy sector.Also in this story
- Ali Moshiri seeks to invest in Venezuela's oil sector, but PDVSA is slowing down his plans amid Trump's push for energy revival.
- Chevron committed capital to triple Venezuelan oil output after its CEO flew to Caracas to finalize the deal.
- Trump commented on the thriving US-Venezuela relationship, noting OPEC production increases and US Treasury monitoring of oil shipments.
- Oil production increases and traffic shifts are noted in Venezuela, with Kpler reporting discrepancies in ship counts.
The entities involved
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Caracas
capital and largest city of Venezuela
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)