- Donald Trump, Nicolás Maduro, and Marco Rubio are involved in a dispute over Venezuelan oil resources and coordinating a U.S. official response.
- Trump pushes for US control of Venezuelan oil reserves, with Hegseth and Rubio advising on strategy.
- Rubio worked with Trump on an oil agreement concerning the Lake Maracaibo region, where oil fields are located.
- Rubio worked with Trump on an oil agreement concerning the Lake Maracaibo region, where oil fields are located.
Alejandro Betancourt's oil deal faces US oversight concerns and criticism from Boris Muñoz.
1 report, 1 independent
Updated Sep 5
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What happened
Alejandro Betancourt's oil deal faces US oversight concerns and criticism from Boris Muñoz.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Alejandro Betancourt
Venezuelan businessman
- NABEP, controlled by Alejandro Betancourt, is involved in a potential oil deal in Venezuela that includes ExxonMobil, ConocoPhillips, and a U.S. government equity stake.
- Rystad Energy evaluates the viability of ambitious oil production growth, leading NABEP to seek major oil investments in the Venezuelan sector.
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Marco Rubio
72nd United States Secretary of State since 2025
Related events
- Alejandro Betancourt acted as an intermediary in a major oil deal involving Donald Trump.
- Alejandro Betancourt's firm is involved in a potential oil deal in Venezuela that includes ExxonMobil, ConocoPhillips, and a U.S. government equity stake.
- ExxonMobil and ConocoPhillips are evaluating potential investments in Venezuela, while Donald Trump struggles to convince companies to invest in the deal.
- A proposed deal, announced on January 5, 2026, targets Venezuelan oil reserves involving Alejandro Betancourt and Donald Trump.
- Alejandro Betancourt operates in Venezuela under Nicolás Maduro's regime while simultaneously acting as a fixer for the Trump administration.