Petroleos DE Venezuela, S.A.

About this designation

Petroleos DE Venezuela, S.A. appears on the US Treasury Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List under the Venezuela — EO 13850 (Gold sector / public officials) program. US persons and entities are prohibited from engaging in transactions with this entity, and any property or interests in property within US jurisdiction must be blocked and reported to OFAC.

Why this designation matters

Petroleos DE Venezuela, S.A. falls within the economic and financial sector of Venezuela's sanctions landscape. This sector encompasses PDVSA and its subsidiaries, the Central Bank of Venezuela (BCV), state mining operations, and the financial intermediaries that facilitate transactions for the Maduro government's oil, gold, and sovereign debt operations. Executive Order 13850, signed in 2018, targets persons operating in the gold sector of the Venezuelan economy and those responsible for Venezuela's deepening humanitarian crisis, including misuse of government programs and corruption in the public sector.

OFAC remarks (full text)

Recent news mentioning this entity

• OFAC Adds PDVSA to SDN List — OFAC SDN List · 2026-04-17

Frequently asked questions

Verifying this designation

• OFAC SDN List entry (treasury.gov)
• OFAC official Sanctions Search
• VENEZUELA-EO13850 executive order text

Useful tools and explainers

• Search the full Venezuela SDN list — paste any name to see if it's currently designated.
• OFAC General Licenses for Venezuela — the active GLs that authorize otherwise-prohibited transactions.
• What are OFAC sanctions on Venezuela? (plain-English guide)
• All currently sanctioned economic & financial actors — the sector cohort Petroleos DE Venezuela, S.A. is part of.
• OFAC Venezuela SDN list by sector — pivot the full corpus by military, economic, diplomatic, or governance.
• Browse all 450 active Venezuela-program SDN designations