The US is securing Venezuelan oil rights faster than a partner company can drill new wells. Following the capture of President Nicolas Maduro on January 3, 2026, the interim government of Delsey Rodríguez entered into agreements with the North American Blue Energy Company (NABEP). In October, the operator brings in drilling equipment. But the most important part of the deal, US President Donald Trump accepted on August 31 - government participation in business, an advantage in buying oil and control over the leadership. The White House announced 17 fields with reserves of 65 billion barrels and concessions over 100 years. In return, the private NABEP plans to invest $100 billion in the rehabilitation of the industry. The Pentagon secured 35% of its parent company in Barbados. According to Reuters and the editorial office of ProPublica, which investigated the contract, participation is issued with warrants: the state can purchase shares later at a nominal price #036;0. 01 per share The market value of the shares in the US is unpaid. It is not limited to stocks. The State Department is authorized to purchase 20% of NABEP oil under preferential terms and priority access to the remaining 80%. In case of emergency the US can claim all the products sold. ProPublica found that the purchase rights are 50 years. That deal provides for a board of 7 directors for an initial term of 15 years, and Washington can block appointments. The operator is private, but the buyers are managed by Washington. The price of the privilege is also agreed upon. According to the application, 20% of Washington oil will be able to buy around #036;30 per barrel. If you apply this part to NABEP's current production of about 200 thousand barrels per day, you get a conditional volume of 40 thousand barrels per day. Smaller real shipments: PDVSA retains part of production, separate contracts are in force. This is the price advantage.

The US is securing Venezuelan oil rights faster than a partner company can drill new wells. Following the capture of President Nicolas Maduro on January 3, 2026, the interim government of Delsey Rodríguez entered into agreements with the North American Blue Energy Company (NABEP). In October, the operator brings in drilling equipment. But the most important part of the deal, US President Donald Trump accepted on August 31 - government participation in business, an advantage in buying oil and control over the leadership. The White House announced 17 fields with reserves of 65 billion barrels and concessions over 100 years. In return, the private NABEP plans to invest $100 billion in the rehabilitation of the industry. The Pentagon secured 35% of its parent company in Barbados. According to Reuters and the editorial office of ProPublica, which investigated the contract, participation is issued with warrants: the state can purchase shares later at a nominal price #036;0. 01 per share The market value of the shares in the US is unpaid. It is not limited to stocks. The State Department is authorized to purchase 20% of NABEP oil under preferential terms and priority access to the remaining 80%. In case of emergency the US can claim all the products sold. ProPublica found that the purchase rights are 50 years. That deal provides for a board of 7 directors for an initial term of 15 years, and Washington can block appointments. The operator is private, but the buyers are managed by Washington. The price of the privilege is also agreed upon. According to the application, 20% of Washington oil will be able to buy around #036;30 per barrel. If you apply this part to NABEP's current production of about 200 thousand barrels per day, you get a conditional volume of 40 thousand barrels per day. Smaller real shipments: PDVSA retains part of production, separate contracts are in force. This is the price advantage.