# Who is Alejandro Betancourt, ex-Chavez ally now Trump’s Venezuela oil man?

https://mins.news/en/item/40481

- Al Jazeera, 2026-09-01 14:17 UTC
- Politics
- Original: https://www.aljazeera.com/news/2026/9/1/who-is-alejandro-betancourt-ex-chavez-ally-now-trumps-venezuela-oil-man?traffic_source=rss

> Controversial Venezuelan businessman Alejandro Betancourt, who built his fortune through contracts awarded during Hugo Chavez’s presidency and has faced alleged money-laundering investigations, has been chosen by the Trump administration to lead a new US-backed oil venture. Washington plans to take a 35 percent passive stake in his North American Blue Energy Partners as it seeks to expand Venezuelan production.

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

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