# Venezuela to hand Chinese- and Russian-run oil fields to U.S.-backed operator

https://mins.news/en/item/40721

- Meduza, 2026-09-01 17:23 UTC
- Economy
- Original: https://meduza.io/en/news/2026/09/01/reuters-venezuela-to-hand-oil-fields-run-by-chinese-russian-firms-to-u-s-backed-operator

> North American Blue Energy Partners (NABEP) will take operational control of several Venezuelan oil fields previously run by Chinese companies and a Russian firm, according to two U.S. officials. The company will receive 14 production contracts, while the U.S. government will hold rights to a 35% stake and preferential access to 20% of its oil at cost. Officials said the deal could help Venezuela attract about $100 billion in private investment to rebuild its economy.

## 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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