A proposed US deal granting North American Blue Energy Partners a 100-year lease over 17 Venezuelan oilfields is raising concerns among major oil companies. The arrangement would give the US a 35% stake and guaranteed oil access, while NABEP’s Venezuelan owner Alejandro Betancourt’s past investigations add uncertainty for potential investors.
Trump's oil deal with Venezuela raises red flags for some major producers, sources say
By Dhallo News · September 1, 2026 at 9:00 AM IST
Source: Economic Times - Healthcare
Original reporting: Economic Times - HealthcareRead original report →
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