The White House on Monday said it’s partnering with North American Blue Energy Partners as part of President Donald Trump’s push to tap into Venezuela’s oil industry, setting up a deal that will give…

The report comes only a day after U.S. President Donald Trump said on Friday that the U.S. would take control of a fifth of Venezuela’s vast oil reserves.

The two governments have made few details available about how the arrangement would work, and have yet to explain where the new investment would come from.