Fred Ehrsam Seeks Control of Venezuelan Oil Fields Amid US Policy Shifts

U.S. Firm to Take Some Venezuelan Oil Fields Previously Run by China

U.S. President Donald Trump speaks to members of the media as he signs executive orders during a press availability in the Oval Office of the White House on September 05, 2025 in Washington, DC. President Trump signed executive orders which included the renaming of the Department of Defense to the Department of War. (Kevin Dietsch/Getty Images)

Coinbase Co-Founder Seeks Fields in Venezuela Oil ...

Coinbase Co-Founder Fred Ehrsam Moves To Secure Operating Rights For Venezuela Oil Fields

BitcoinWorld Coinbase Co-Founder Fred Ehrsam Moves to Secure Operating Rights for Venezuela Oil Fields Coinbase co-founder Fred Ehrsam is reportedly seeking operating rights for more than three oil fields in Venezuela, according to a Bloomberg report citing people familiar with the matter. The fields are currently operated by Alborada Heavy Industries, while U.S. authorities are reviewing whether to cancel the existing contract. Background and R…

Coinbase Co-Founder Fred Ehrsam Seeks Fields In Venezuela Oil Shakeup

The reshuffling is part of President Donald Trump's push to revive Venezuela's oil industry with foreign capital and boost supplies as the US replenishes strategic reserves depleted during the war with Iran.

Fred Ehrsam seeks control of Venezuelan oil fields amid US policy shifts

Ehrsam's pursuit of Venezuelan oil fields could reshape US-Latin American energy dynamics, challenging existing geopolitical and economic ties. The post Fred Ehrsam seeks control of Venezuelan oil fields amid US policy shifts appeared first on Crypto Briefing .