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Wednesday, September 2, 2026 · UTC
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US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

A US company will assume operation of several oilfields in Venezuela previously managed by Chinese and Russian firms.

TruthFoundry News Desk
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Stands on 8 placed sources from 2 publishers.
As of 2026-09-02 12:55 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
On 2026-01-09, France 24 reported that an unnamed US company will take over some oilfields in Venezuela that were previously operated by Chinese and Russian firms. [1] Alejandro Betancourt, director ejecutivo de North American Blue Energy Partners (Nabep), aseguró que el acuerdo alcanzado con Estados Unidos permitirá aprovechar el potencial energético de Venezuela y generará beneficios tanto para los venezolanos como para los estadounidenses. [2] The oilfields in question were previously managed by Chinese and Russian companies. [3] Venezuela recently enacted legislative reforms permitting greater private participation in the state oil company PDVSA to reactivate the oil sector. [4] El gobierno estadounidense tendrá derecho a una participación de 35% en la empresa y acceso preferencial al 20% de su producción a precio de costo. [5] Nabep controla los derechos para comercializar más de 65.000 millones de barriles de reservas venezolanas. [6] Nabep proyecta generar más de 209.000 millones de dólares en ingresos fiscales para el Estado venezolano. [7] Residents of Maracaibo remain uncertain about new investments following the reforms. [8]
What this stands on
  1. On 2026-01-09, France 24 reported that an unnamed US company will take over some oilfields in Venezuela that were previously operated by Chinese and Russian firms. · France 24
  2. Alejandro Betancourt, director ejecutivo de North American Blue Energy Partners (Nabep), aseguró que el acuerdo alcanzado con Estados Unidos permitirá aprovechar el potencial energético de Venezuela y generará beneficios tanto para los venezolanos como para los estadounidenses. · EL NACIONAL
  3. The oilfields in question were previously managed by Chinese and Russian companies. · France 24
  4. Venezuela recently enacted legislative reforms permitting greater private participation in the state oil company PDVSA to reactivate the oil sector. · France 24
  5. El gobierno estadounidense tendrá derecho a una participación de 35% en la empresa y acceso preferencial al 20% de su producción a precio de costo. · EL NACIONAL
  6. Nabep controla los derechos para comercializar más de 65.000 millones de barriles de reservas venezolanas. · EL NACIONAL
  7. Nabep proyecta generar más de 209.000 millones de dólares en ingresos fiscales para el Estado venezolano. · EL NACIONAL
  8. Residents of Maracaibo remain uncertain about new investments following the reforms. · France 24
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.
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