China · โดนัลด์ ทรัมป์ · Nation Thailand
US-backed NABEP set to take over Venezuelan oilfields previously run by Chinese and Russian firms
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North American Blue Energy Partners (NABEP), a US-backed oil company, is set to take over Venezuelan oilfields previously controlled by five Chinese companies and a Russian firm, according to two US officials.
Key facts
- The transfers form part of the wider oil-production agreement announced by US President Donald Trump and Venezuela.
- Thai gold bullion plunges THB1,150 at Wednesday’s opening
- The company was sanctioned by Washington in 2019 over activity linked to Iran.
- Trump said on Monday (August 31, 2026) that the US was taking out “millions and millions of barrels of oil”, with shipments going to refineries in Texas, Louisiana and other locations.
- Venezuela’s interim authorities are holding discussions with representatives of the country’s 2015 National Assembly as they seek to address constitutional and legal questions surrounding the transition, the US officials said.
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Summary
The transfers form part of the wider oil-production agreement announced by US President Donald Trump and Venezuela.
Fourteen contracts have been newly granted to NABEP by the Venezuelan government, the officials said. The company is expected to control 17 projects in total, which it plans to develop and use to supply crude to the United States.