Tag Archives: oil

Easing Oil Sanctions on Venezuela: Chevron’s Limited License to Resume Oil Extraction Operations

By Daphna Jimenez December 16, 2022 Venezuela’s economy has struggled for many years due to its overreliance on its oil industry, which has contributed to astronomically high inflation, mass food shortages and the weakening of Venezuela’s private sector as oil prices declined. In January 2019, the United States imposed sanctions on Venezuela’s most important global […]

U.S. Financial Sanctions on Venezuela: Truly Financial or Merely Political?

Maria Corghi – As Venezuela is visibly deviating from a democratic path and is teetering on collapse due to the corruption and gross mismanagement at the hand of its government, President Donald Trump imposed financial sanctions on the country with the promise to inflict economic pain. President Trump signed an executive order on August 25 […]

Plugging the “Magic Pipe”: Keeping Pollution Out of Our Oceans

BY DANIELLE T. GAUER – Oil pollution resulting from maritime disasters continues to spark concern for coastal states as the damage from oil that is discharged into waters is threatening all facets of the marine environment. This is despite the fact that it wasn’t until the 1970s when practice changed from using the world’s oceans to […]