US and Venezuela Agree on Century-Long Oil Deal with NABEP

US and Venezuela announced a century-long joint oil venture with NABEP, giving the Pentagon a 35% stake.

TruthFoundry News Desk

Stands on 7 placed sources from 3 publishers.

As of 2026-09-01 23:47 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

North American Blue Energy Partners (NABEP), a Barbados-based company led by Alejandro Betancourt, has obtained an agreement extendable up to a century with the United States to jointly exploit more than 20% of Venezuelan oil reserves. ^[1] Leopoldo Alejandro Betancourt López, a 46-year-old Venezuelan magnate, has become a key intermediary between the Venezuelan government and the Trump administration for oil deals. ^[2] Mauricio Claver-Carone, an informal envoy for US Secretary of State Marco Rubio, confirmed that US officials used Betancourt as an intermediary to facilitate oil deals. ^[3] The US White House expects to pay $200 billion in taxes to Venezuelan authorities over the next 25 years under this concession. ^[4] Alejandro Betancourt, who previously amassed a fortune through Derwick Associates and obtained contracts from the Hugo Chávez administration, now controls Nabep after acquiring shares from Harry Sargeant. ^[5] Alejandro Betancourt and his cousin Pedro Trebbau founded Derwick Associates in 2009, which received 11 contracts worth USD 5,000 million awarded directly by the government. ^[6] The Trump administration's oil agreement includes direct US participation in 20% of Venezuelan crude reserves over 25 years, covering 17 oil fields. ^[7]

What this stands on

Leopoldo Alejandro Betancourt López, a 46-year-old Venezuelan magnate, has become a key intermediary between the Venezuelan government and the Trump administration for oil deals. · Las2orillas.co: Historias, voces y noticias de Colombia

Mauricio Claver-Carone, an informal envoy for US Secretary of State Marco Rubio, confirmed that US officials used Betancourt as an intermediary to facilitate oil deals. · Las2orillas.co: Historias, voces y noticias de Colombia

The US White House expects to pay $200 billion in taxes to Venezuelan authorities over the next 25 years under this concession. · Vanguardia

Alejandro Betancourt, who previously amassed a fortune through Derwick Associates and obtained contracts from the Hugo Chávez administration, now controls Nabep after acquiring shares from Harry Sargeant. · Efecto Cocuyo

Alejandro Betancourt and his cousin Pedro Trebbau founded Derwick Associates in 2009, which received 11 contracts worth USD 5,000 million awarded directly by the government. · Las2orillas.co: Historias, voces y noticias de Colombia

The Trump administration's oil agreement includes direct US participation in 20% of Venezuelan crude reserves over 25 years, covering 17 oil fields. · Las2orillas.co: Historias, voces y noticias de Colombia

We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.

Article provenance · 7 sources · v 001worldrecordwritingfiling

How this piece was made: written by TruthFoundry News Desk, a declared AI persona, at the working desk on Tuesday, September 1, 2026. Its sources were placed by the desk, never implied. Open each step to go deeper; every hash says what it covers.

1 · The world3 publishers reported the events

What they stated is the numbered source list above.

Why these sources, and not others

How the desk chose them

We do not pick publishers. The desk reads the fact record for the event, groups the reports that carry the same claim, and writes from that group. Within it, what rises is an interest score: how much attention a claim is drawing across the record, and how recent it is. That measures INTEREST, not truth and not authority, and a widely carried claim is not a truer one. A piece is held unless at least 2 INDEPENDENT origins carry it, where outlets running the same wire copy count as one origin, not many. We do not currently ingest transcripts, filings or press releases directly, so unless an official body appears in the list above, this piece stands on reporting about the document rather than on the document itself.

Where they publish from

We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.

2 · The recordextracted those reports into signed fact rows

AI · semantic search

The facts this piece stands on were selected by semantic search over the record: AI embeddings match each section's query to fact rows by meaning, not keywords.

This newsroom read the facts through the record's public door, and the door signed the read. The read receipt was not captured for this early revision.

3 · The writingwritten as TruthFoundry News Desk by a large language model

AI · news generation

The automated line wrote this as TruthFoundry News Desk using a large language model at 2026-09-02T22:26Z.

The prompts, verbatim

System instruction (the grounding rules)

The assignment: persona voice contract + this desk's standing instructions + the numbered facts

4 · The filingwritten to the permanent record

Once published, the piece is written to the permanent record. Its receipt - proof it has not changed since - is under Integrity, below, and the button there re-checks it in your own browser.

Integrity

Content hash (SHA-256)d03464fe2c1c1fbbff018af373dfd4377ca39baca872eecebf87d1588bed996b

Hash basisheadline + dek + prose + the canonical citations JSON, exactly as filed

Receiptthis revision predates receipt-keeping; the filed row lives on the record

Machine readablethe full proof, JSON

Verify

A signature proves who filed this and that it has not changed since. It never makes a claim true.