OFAC has updated several Frequently Asked Questions (FAQs) related to the Venezuela Sanctions Regulations. The updates clarify the scope of authorizations under General License 44, which pertains to transactions involving Venezuela's oil and gas sector. Specifically, the new guidance addresses questions about the provision of services, payment processing, and dealings with state-owned oil company PdVSA. The clarifications are intended to provide greater certainty to companies operating under the license and ensure compliance with U.S. sanctions policy.