White House News: Days after Trump announces Venezuela oil deal, White House fills in some of the details

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Details: Written by Bing News Search Results; Category: White House Blog; Published: 02 September 2026; Created: 02 September 2026; Last Updated: 02 September 2026

As part of the deal, the U.S. is creating a private company as a joint venture with NABEP — a detail the White House had withheld for days. NABEP, owned by Venezuelan businessman Alejandro Betancourt, is already the second largest operator in Venezuela, behind Chevron.
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