Trump's Own Former Venezuela Envoy Calls $100bn Oil Deal 'A Terrible Deal' and a New Form of Colonialism
The pact gives Washington a 35% stake and purchase rights for 20% of output as analysts question how NABEP will finance development.
4 Articles
4 Articles
Donald Trump intends to take control of some of Venezuela's oil resources. A strategy that considerably strengthens American tutelage over Caracas and revives the Monroe doctrine.
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.
Trump's oil deal could scuttle Venezuelan democracy ...
The White House has confirmed the 100-year concession granted to the private company North American Blue Energy Partners (NABEP) to exploit part of Venezuelan oil and has offered new details about the agreement announced last week. According to the pact between the Donald Trump Administration and the government of the Venezuelan interim president, Delcy Rodríguez, NABEP will be able to drill 17 oil fields that house about 65 billion barrels of c…
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