Venezuela grants U.S.-backed NABEP 100-year concessions for 17 oil fields, White House says

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Source: CNBC
Published: 2026-09-01 10:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, US Politics
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Snippet:
Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners, or NABEP, 100-year concessions for 17 oil fields, with proven reserves of about 65 billion barrels, the White House said on Monday.
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