https://www.live-feeds.com/feed/pentagon-backed-venezuelan-oil-company-poised-to-challenge-chevronContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/pentagon-backed-venezuelan-oil-company-poised-to-challenge-chevronhttps://www.live-feeds.com/feed/pentagon-backed-venezuelan-oil-company-poised-to-challenge-chevron#u90514Wed, 30 Sep 2026 10:20:33 +0000A newly emerged oil company backed by the United States Pentagon is challenging Chevron's position in Venezuela, raising concerns among established producers in the region. North American Blue Energy Partners, led by controversial businessman Alejandro Betancourt, is rapidly increasing its production capabilities. This development coincides with United States oil imports from Venezuela surging to a nine-year high, while global energy firms increasingly target the country alongside a growing liquefied natural gas opportunity in Trinidad.Why it mattersChevron previously expanded its Venezue