World

Venezuela Grants Oil Concessions to U.S.-Backed Company

Updated 2026-09-01 01:10 UTC 1 source Negative

Venezuelan interim authorities granted North American Blue Energy Partners 100-year concessions for 17 oil fields, a move criticized by the White House.

Coverage timeline — 1 article

CNBC

Venezuela grants U.S.-backed NABEP 100-year concessions for 17 oil fields, White House says

Venezuelan interim authorities have granted North American Blue Energy Partners 100-year concessions for 17 oil fields, White House says.

2026-09-01 01:06 UTC