Petroleos de Venezuela SA

Chevron CorporationDefense DepartmentJustice DepartmentNorth American Blue Energy Partners IncOil (Petroleum) and GasolinePetroleos de Venezuela SAPublic-Private Sector CooperationRodriguez, Delcy (1969- )State DepartmentTrump, Donald JUnited StatesUnited States International RelationsVenezuela

Alejandro Betancourt, Trump’s Partner in Venezuelan Oil Deal, Has Faced Investigations

Alejandro Betancourt has been targeted by multiple investigations. Now he’s the U.S. government’s unrivaled partner in President Trump’s bid to control Venezuelan oil resources.

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Betancourt Lopez, AlejandroChevron CorporationHouston (Tex)North American Blue Energy Partners IncOil (Petroleum) and GasolinePetroleos de Venezuela SAProductionRodriguez, Delcy (1969- )Trump, Donald JUnited States International RelationsUnited States Politics and GovernmentVenezuela

Chevron Expansion in Venezuela Extends U.S. Influence Over Oil Riches

The U.S. energy giant, which stayed in the country after other Western companies left, will invest $7 billion in the country to more than double its production there.

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Chavez, HugoChevron CorporationCorruption (Institutional)Embargoes and SanctionsForeign InvestmentsGovernment Contracts and ProcurementMaduro, NicolasMergers, Acquisitions and DivestituresNationalization of IndustryOil (Petroleum) and GasolinePetroleos de Venezuela SAProductionPublic-Private Sector CooperationTrump, Donald JUnited StatesUnited States International RelationsUnited States Politics and GovernmentVenezuela

What to Know About Venezuelan Energy Following Trump’s Oil Deal

The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.

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Betancourt Lopez, AlejandroDefense DepartmentMergers, Acquisitions and DivestituresMoney LaunderingOil (Petroleum) and GasolinePetroleos de Venezuela SAProductionPublic-Private Sector CooperationState DepartmentTrump, Donald JUnited States Defense and Military ForcesUnited States International RelationsUnited States Politics and GovernmentVenezuela

Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner

The administration will work with a private Venezuelan oil company that has close ties to the country’s government.

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Chevron CorporationForeign InvestmentsMaduro, NicolasNationalization of IndustryOil (Petroleum) and GasolinePetroleos de Venezuela SAProductionPublic-Private Sector CooperationRodriguez, Delcy (1969- )State DepartmentTrump, Donald JUnited StatesUnited States International RelationsUnited States Politics and GovernmentUS-Venezuela Conflict (2025- )Venezuela

Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s Oil

The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

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