FILE - Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Jan. 14, 2026.
Matias Delacroix/AP
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Matias Delacroix/AP
As part of the deal, the U.S. is creating a private company as a joint venture with North American Blue Energy Partners, owned by Venezuelan businessman Alejandro Betancourt.
FILE - Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Jan. 14, 2026.
Matias Delacroix/AP
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Matias Delacroix/AP

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