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U.S. Eyes Venezuelan Oil Fields | Venezuela News
The U.S. government is backing a bold, 100-year oil deal in Venezuela—granting control of 17 oilfields and awarding 14 contracts to North American firm Blue Energy Partners, led by controversial Venezuelan businessman Alejandro Betancourt. While critics question the lack of competitive bidding and Betancourt’s past investigations, officials argue this move counters Chinese and Russian influence and stabilizes Venezuela’s energy sector. They stress Betancourt has no active charges in the U.S., and private firms don’t need open bids to partner with the government. With Energy Secretary Chris…
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