NABEP, controlled by Alejandro Betancourt, is now Venezuela second-largest oil operator behind Chevron as China formally protests the loss of its fields.

The White House on Monday identified the company that will operate seventeen Venezuelan oil fields for a century in partnership with the US government: North American Blue Energy…

North American Blue Energy Partners will operate 17 Venezuelan oilfields with a 35% Pentagon stake, targeting 1 million bpd in a 25-year deal