https://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fieldsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fieldshttps://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fields#u53805Tue, 01 Sep 2026 09:56:20 +0000The U.S. Department of Defense will hold a 35% stake in North American Blue Energy Partners (NABEP), a company that secured 100-year rights to 17 Venezuelan oil fields. This venture targets a production goal of 1.5 million barrels per day from reserves totaling 65 billion barrels. The agreement involves a collaboration between the Trump administration and Alejandro Betancourt Lopez, whose family manages Venezuela's second largest private oil producer. While the White House frames the deal as a means to secure energy dominance, analysts suggest political risks and questions regarding Venez https://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fieldshttps://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fields#u52351Sun, 30 Aug 2026 11:45:38 +0000President Donald Trump announced the United States has secured a deal with Venezuela for a long-term stake in the country's oil industry, which he described as the biggest oil deal in world history. The agreement reportedly gives the U.S. control over 65 billion barrels of oil reserves. While the White House has provided few details beyond a social media post, the move comes as diesel prices reach 5.65 dollars. The deal intends to allocate these resources to specific corporations through a long-term lease.Why it mattersThe U.S. is pursuing this ownership to address rising diesel costs and https://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fieldshttps://www.live-feeds.com/feed/u-s-in-talks-to-take-direct-ownership-of-venezuelan-oil-fields#u51049Fri, 28 Aug 2026 14:06:25 +0000The US is negotiating with Venezuela to acquire a major stake in its oil fields, potentially gaining control of 90 billion barrels of proven reserves. The talks involve over a dozen producing oil fields, with some reports suggesting a 100-year lease. This move aligns with the Trump administration's 'Energy Dominance' strategy and could bolster US oil supplies.Why it mattersThe negotiations come as global oil supplies face strain due to conflicts in Iran and Ukraine. Venezuela's vast energy reserves could significantly impact the global oil market. The US has already collect