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EconomyUS firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

The White House said it is partnering with North American Blue Energy Partners as Donald Trump seeks greater access to Venezuela’s oil industry. The arrangement would give the Pentagon a stake in fields representing about one-fifth of the country’s vast oil reserves. Venezuela’s ruling-party-dominated National Assembly approved the oil deal with the Trump administration on Tuesday.

VenezuelaoilDonald TrumpUS companies

FFrance 24★★★★☆2026-09-01 19:00Original

US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms
US firm to take over some Venezuela oilfields previously run by Chinese, Russian firmsEconomy