The Trump administration’s unprecedented deal to take an equity stake in a Venezuelan E&P and secure highly favorable offtake terms is meant to accelerate Venezuela's investment and production outlook after the US' shock ouster of then-President Nicolas Maduro in January. But major questions remain about how the program will be implemented and whether it will have its intended effect. Here, Energy Intelligence lays out what we currently know about the US' agreements with Venezuela and private operator North American Blue Energy Partners (Nabep) that were announced late last month.