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FORGOTTEN HISTORY: Alejandro betancourt | History Defined

The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal

Billionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDVSA, has emerged as a key US partner in a sweeping oil deal with Caracas. Reuters reports Betancourt helped Washington ahead of Nicolás Maduro’s capture and later brokered oil agreements benefiting US…

The Economic Times

US structured Venezuela oil position to protect it from dilution, official says

The US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises. The arrangement ensures the US realizes full project value without dilution. The deal also grants the US rights to purchase oil output. This pact aims to align…

The Economic Times

Trump Is Taking a Stake in Venezuela's Oil Industry and This Crony Is Cashing In

Alejandro Betancourt has become the key go-between for the Trump administration, Venezuela’s new regime, and American oil companies.

Reason

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Trump's Own Former Venezuela Envoy Calls $100bn Oil Deal 'A Terrible Deal' and a New Form of Colonialism

The US-Venezuela £74bn energy deal faces backlash, with critics labelling it modern colonialism. The agreement grants US control over major oilfields, sparking geopolitical and domestic controversy.

International Business Times UK

Marco Rubio Went Before a Venezuelan Audience to Defend Delcy Rodríguez and Alejandro Betancourt But The Questions Got Uncomfortable

Secretary of State Marco Rubio turned to a respected familiar voice to Venezuelans this week as the Trump administration faced mounting criticism over its cooperation with interim Venezuelan leader Delcy Rodríguez and its decision to place controversial businessman Alejandro Betancourt at the center of a historic oil agreement.

Latin Times

Who is Trump's Venezuela go-between?

PRESS REVIEW – Wednesday, September 2: We look at papers' coverage of the shadowy Venezuelan magnate who brokered the Washington-Caracas oil deal. In other news, the Pacific Islands Forum wants to talk climate change, but China's anger at the presence of Taiwan is stealing the limelight. Finally, the Bayeux Tapestry…

France 24

Venezuela hands the US control over a fifth of its oil in landmark deal

Venezuela's parliament has approved handing the US control of a fifth of its oil reserves, cementing Washington's grip on a government it helped install after toppling President Nicolas Maduro in January.

Euronews

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Is the US-Venezuela Oil Deal for 25 Years or 100? Here's What's Actually Been Signed

Trump says the deal is historic. Rodríguez says 25 years; the White House says 100. Betancourt has laundering probes on three continents.

Latin Times

Alejandro Betancourt, the controversial Venezuelan oil tycoon Trump is banking on

US President Donald Trump on Friday announced "the biggest oil deal in world history" – a new deal with Venezuela for "65 billion barrels of oil". Washington is set to take a 35 percent stake in North American Blue Energy Partners, which is owned by controversial Venezuelan oil tycoon Alejandro…

France 24

Trump vows US will take 'all' of Venezuela's oil as deal details emerge

The White House has published the terms of its Venezuela oil deal, naming the private company at its centre and confirming Washington's majority control of more than 65 billion barrels, as President Trump vowed the US would be taking "all" of it.

Euronews

Trump's oil deal with Venezuela raises red flags for some major producers, sources say

A proposed US deal granting North American Blue Energy Partners a 100-year lease over 17 Venezuelan oilfields is raising concerns among major oil companies. The arrangement would give the US a 35% stake and guaranteed oil access, while NABEP’s Venezuelan owner Alejandro Betancourt’s past investigations add uncertainty for potential investors.

The Economic Times

'Trump Administration's Unofficial Adviser On Venezuela, Mauricio Claver-Carone, Leaves His Role' - Reuters Exclusive

An unofficial adviser to the Trump administration who has played a leading role in shaping U.S. Venezuela policy and multimillion-dollar deals to exploit the OPEC state's vast oil resources has told Reuters he is no longer overseeing the portfolio.

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