Washington Tells Repsol its License in Venezuela to be Revoked - Energy News, Top Headlines, Commentaries, Features & Events

Josu Jon Imaz, CEO of Repsol, admitted this Monday that the company maintains an "open dialogue" with the government of Donald Trump to try to save...

The Spanish Minister of Economy, Carlos Córdoba, said on Wednesday that the Spanish government is "supporting and waiting" for Repsol and the US Administration to reach an "agreed solution", so that energy can continue to operate in Venezuela. To questions from the journalists after an information meeting in Madrid, Córdoba defended that the agreement would be important not only from the point of view of the company's own exports, but also for t…

The Spanish oil company Repsol maintains an "open dialogue" with the US authorities in order to explore ways to continue operating in Venezuela after Washington announced the revocation of its license to export oil from the country, said its CEO, Josu Jon Imaz.Like other foreign companies operating in Venezuela, Repsol has been notified that its permission to export Venezuelan oil would be revoked, said a spokesman for the company early Monday, …

US President Donald Trump's administration told the company that it had until May 27 to liquidate its operations in the South American country

The Spanish energy company faces challenges after decisions by the US government. Read more Repsol is looking for alternatives to continue its activity in Venezuela at Actualidad.es.

Washington Tells Repsol its License in Venezuela to be Revoked - Energy News, Top Headlines, Commentaries, Features & Events

U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain’s foreign minister promised to defend Repsol’s interests. President Donald Trump’s administration told Repsol it had until May 27 to wind down its operations in the Southern American ...