US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports
The Pentagon’s Office of Strategic Capital would use penny warrants to gain equity without major capital outlay, while securing 20% of production at cost.
28 Articles
28 Articles
The oil agreement between Venezuela and the United States has several gray areas. The Wall Street Journal points out that the pact transforms the U.S. government from intermediary to investor in itself, which it would carry out through the Pentagon. Meanwhile, The New York Times describes the history of investigations in Switzerland and Spain against Alejandro Betancourt, the Venezuelan businessman behind the agreement. It was his operational hi…
Businessman Plays Key Role in Alleged Political-Business Collusion in U.S.-Venesu Joint Oil Business
(Seoul = Yonhap News) Reporter Im Hwa-seop = Regarding the Venezuelan oil development joint venture agreed upon by the U.S. Donald Trump administration and Venezuelan Interim President Delcy Rodríguez...
Washington has been negotiating access to Venezuela's energy resources for months. In several North American media outlets, the name of an intermediary has repeatedly surfaced: that of Alejandro Betancourt, a businessman considered a new central figure in the Rodriguez government, and who is also under investigation in Europe.
Wsj reveals: 'Agreement with the controversial Venezuelan entrepreneur Alejandro Betancourt' (ANSA)
The Trump administration is preparing an extraordinary arrangement that would effectively make the US government an investor in Venezuela’s oil industry
According to The Wall Street Journal, Washington plans to take a 35% passive stake in North American Blue Energy Partners (NABEP), led by Venezuelan businessman Alejandro Betancourt, after major US oil companies remained reluctant to...
According to the media, the U.S. government plans a 35 percent interest in a Venezuelan oil company. At the same time, access to parts of the production will be secured.
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