U.S. firm to assume Venezuelan oilfields under reported 100-year concessions
The White House says a U.S. firm will take over some Venezuelan oilfields previously operated by Chinese and Russian companies, under reported 100-year concessions. The arrangement would significantly reshape foreign control of Venezuelan energy assets.
By DoomRadar · Published on DoomRadar .
Why it matters
The transfer could intensify U.S. competition with China and Russia while altering control of Venezuela’s oil production and long-term energy partnerships.
Related source links
These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.
- White House details Venezuela oil deal: US gets control of 65 billion barrels, NABEP 100-year rights to 17 fields ↗moneycontrol.com · Recorded source date: Sep 1, 2026, 3:01 AM UTC
- Trump's hands on Venezuelan oil: "65 billion barrels under US control". What changes ↗thevermilion.com · Recorded source date: Sep 1, 2026, 6:32 AM UTC
- Officials: US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms ↗tribune.com.pk · Recorded source date: Sep 1, 2026, 8:16 AM UTC
- Trump's Venezuelan Prize: 65 Billion Barrels, 100 Years and 55 Percent of Oil Flow ↗english.pravda.ru · Article published: Sep 1, 2026, 11:04 AM UTC
- US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms, officials say ↗ajot.com · Recorded source date: Sep 1, 2026, 2:17 PM UTC
- US secures 100-year concessions in Venezuela oil deal: White House ↗aa.com.tr · Recorded source date: Sep 1, 2026, 2:31 PM UTC
- U.S. firm to take over some Venezuela oilfields, officials say: Reuters exclusive ↗bnnbloomberg.ca · Article published: Sep 1, 2026, 8:06 PM UTC
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