What did U.S. Energy Secretary Chris Wright say about U.S. control over funds from the NABEP-Venezuela oil deal?

U.S. Energy Secretary Chris Wright stated that 'the United States government negotiated this deal very carefully' and that the U.S. would have 'very strict control over the flow of funds resulting from an oil deal announced earlier this week with North American Blue Energy Partners (NABEP).' He emphasized that the U.S. takes 'business practices and confidence and operations extremely seriously.'

What did interim Venezuelan President Delcy Rodriguez say about Alejandro Betancourt and sanctions?

Interim President Delcy Rodriguez said that Venezuelan businessman Alejandro Betancourt—who leads NABEP—is 'not facing any active legal cases in Venezuela,' and added that 'both the U.S. and Venezuelan governments are working to end sanctions on the South American country.'

US Will Control Flow of Funds from NABEP Deal with Venezuela, Energy Secretary Chris Wright Says

Sep 2, 2026

U.S. Energy Secretary Chris Wright announced strict government control over funds from an oil deal with North American Blue Energy Partners in Venezuela, while Venezuelan officials confirmed efforts to lift sanctions.

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