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US firm to take over some Venezuelaoilfields previously run by Chinese, Russian firms

The White House on Monday said it’s partnering with North American Blue Energy Partners as part of President Donald Trump’s push to tap into Venezuela’s oil industry, setting up a deal that will give the Pentagon a stake over roughly a fifth of the country’s vast oil reserves. Ve

This story summarizes reporting from France 24. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

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FRANCE241 Sept 2026, 07:00 pmUpdated 19h ago1 min readEuropeWorld

US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

World — FRANCE24

US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

The White House on Monday said it’s partnering with North American Blue Energy Partners as part of President Donald Trump’s push to tap into Venezuela’s oil industry, setting up a deal that will give the Pentagon a stake over roughly a fifth of the country’s vast oil reserves. Venezuela's ruling party-dominated National Assembly backed the country's oil deal with the Trump administration in a vote on Tuesday. FRANCE 24's Carys Garland reports.

This report is published with credit to France 24. The wire sent a summary; open the original for any extra context. Read on France 24 →

Source: France 24 · FRANCE24. Published 1 Sept 2026, 07:00 pm.

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