Last Updated: January 19, 2026

ELEMENTO OIL & GAS LTDde-listed

Official reason

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has listed ELEMENTO OIL & GAS LTD under Executive Order 13850 for their ties to a network attempting to evade United States sanctions on Venezuela's oil sector.

Program information

Authority

US

Program

Executive Order 13850 Blocking Property of Additional Persons Contributing to the Situation in Venezuela

Regime

OFAC country specific

Target State

Venezuela

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

https://ofac.treasury.gov/faqs/topic/1581https://ofac.treasury.gov/media/932241/download?inline

Official Information

On July 10, 2015, OFAC issued the Venezuela Sanctions Regulations, 31 CFR part 591 (the ‘‘Regulations’’) (80 FR 39676, July 10, 2015) to implement the Venezuela Defense of Human Rights and Civil Society Act of 2014 (Pub. L. 113– 278) and Executive Order 13692 of March 8, 2015 (‘‘Blocking Property and Suspending Entry of Certain Persons Contributing...

Additional Details

SDN

Program URL

https://ofac.treasury.gov/media/5516/download?inline