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    "headline": "US Details Oil Deal with Venezuela's Provisional Government",
    "dek": "The US government and North American Blue Energy Partners finalized a century-long oil extraction agreement in Venezuela.",
    "prose": "The provisional government of Venezuela granted North American Blue Energy Partners (NABEP) a 100-year right to exploit 17 oil fields with proven reserves of approximately 65 billion barrels. [^1]\n\nA US official stated on Tuesday that Chevron is expected to soon announce an expansion of its operations in Venezuela. [^2]\n\nInterim President Delcy Rodríguez stated during a press conference that Venezuela will hold presidential elections when conditions are met but refused to specify a calendar or date. [^3]\n\nThe US Department of State will have the right to acquire a guaranteed 20% of NABEP's production, from both current and future fields, at cost price. [^4]\n\nThe US will hold veto power over the appointment of any member of NABEP's board, and a majority of the board members must be US nationals. [^5]\n\nThe White House published an informational sheet on Monday detailing a historic agreement announced by President Donald Trump seven months after the capture of Venezuelan leader Nicolás Maduro. [^6]\n\nUS Energy Secretary Chris Wright stated on 2026-04-12 in Caracas that Venezuela's oil production could double by the end of this decade. [^7]\n\nUS Energy Secretary Chris Wright is traveling to Caracas on Tuesday to hold meetings related to an oil agreement announced between Washington and Venezuelan authorities. [^8]\n\nUS Energy Secretary Chris Wright is traveling to Venezuela on Tuesday to finalize a new oil production contract for Chevron. [^9]\n\nThe US government reached an agreement with Delcy Rodriguez granting the United States control over the exploitation of 17 Venezuelan oil fields containing nearly one-fifth of the country's crude reserves. [^10]\n\nUS President Donald Trump stated on 2026-04-12 that Venezuela is not yet prepared to hold elections, although he expects them to happen soon. [^11]\n\nChevron is the second-largest US oil company and the only one with a major presence in Venezuela. [^12]",
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