The interim government of Delcy Rodriguez granted a century-long lease on 17 oil fields containing nearly 65 billion barrels to North American Blue Energy Partners (NABEP). ^[1] The White House officially confirmed on Monday that the US administration is moving to control a fifth of Venezuela's crude oil reserves through a new pact. ^[2] North American Blue Energy Partners (NABEP) agreed to acquire 14 oil projects in Venezuela on 2026-06-30, according to a Reuters report citing US government officials. ^[3] President Donald Trump announced a historic oil agreement with Venezuela that includes this deal, stating it secures US control over 65 billion barrels of oil. ^[4] The White House announced on September 1, 2026, that North American Blue Energy Partners (NABEP) will receive 100-year rights to 17 oil fields in Venezuela with proven reserves of approximately 65 billion barrels. ^[5] The US government and Venezuela signed an agreement granting Washington the right to extract 65 billion barrels of Venezuelan oil over a period of 100 years. ^[6] The White House confirmed a 100-year oil concession granted to the private company North American Blue Energy Partners (NABEP) for exploring Venezuelan crude oil. ^[7] Under the agreement between the Trump administration and interim President Delcy Rodríguez, NABEP will have rights to drill 17 fields containing approximately 65 billion barrels of oil. ^[8] Alejandro Betancourt, a 46-year-old businessman, is the author, mediator, and main beneficiary of the US-Venezuela energy security agreement. ^[9] The White House announced a historic energy security agreement granting the United States privileged access for a century to a quarter of Venezuela's crude oil reserves. ^[10] According to a note released by the White House, the pact was signed by US Secretary of State Marco Rubio and Secretary of War Pete Hegseth, granting concessions for a period of one hundred years over 17 oil fields to the private corporation North American Blue Energy Partners (Nabep). ^[11] The Trump administration announced an agreement to exploit significant portions of Venezuela's oil reserves with North American Blue Energy Partners (NABEP), a company controlled by Alejandro Betancourt Lopez. ^[12]