POLITICS● ELEVATEDSep 1 · Sep 1, 2026, 7:00 PM
What is known about NABEP?, the company that will exploit crude oil in Venezuela with the US
Clarín · south america
NABEP, led by Betancourt, signed a pact with the US to exploit 20% of Venezuelan crude oil. The White House will have a 35% stake. The agreement, signed by Rubio and Hegseth, seeks to counter Chinese and Russian influence. The US will pay 200 billion in taxes to Venezuela.
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