{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/us-firm-to-control-venezuelan-oilfields-previously-run-by-china-and-russia","slug":"us-firm-to-control-venezuelan-oilfields-previously-run-by-china-and-russia","url":"https://mediabias.news/business/us-firm-to-control-venezuelan-oilfields-previously-run-by-china-and-russia","title":"US Firm to Control Venezuelan Oilfields Previously Run by China and Russia","subtitle":"North American Blue Energy Partners gains operational control in a 25-year deal announced by President Trump.","excerpt":"A US-backed company, North American Blue Energy Partners, will take operational control of Venezuelan oilfields previously managed by Chinese and Russian firms. The deal, announced by President Trump, grants the US company rights to 35% of company shares and preferential access to 20% of output.","category":"Business & Economy","area":"Latin America","publishedAt":"2026-09-01T13:45:57.167Z","sourceReportedAt":"2026-09-01T13:05:00.000Z","updatedAt":"2026-09-01T13:45:57.167Z","readTime":"3 min read","scores":{"trust":58,"critic":55,"hype":35,"notes":{"trust":"Two full reports corroborate the core claim; digests add no new sourcing.","critic":"Quotes and figures are present but not all sides are given right of reply.","hype":"Headlines overstate the certainty of the deal's impact on Chinese interests."}},"tags":["#VenezuelaOil","#NABEP","#USChinaRelations","#EnergyDeals","#DonaldTrump"],"entities":["North American Blue Energy Partners (NABEP)","China Concord Resources","Sinopec","CNPC","Guo Jiakun","Donald Trump"],"body":[{"type":"key_takeaways","items":["A US-backed company, North American Blue Energy Partners (NABEP), will assume operational control of Venezuelan oilfields previously operated by Chinese and Russian companies.","NABEP is reported to have rights to 35% of company shares and preferential access to 20% of output at cost.","The agreement covers 14 projects, including five previously run by Chinese firms and one by a Russian company.","The deal was announced by US President Donald Trump and Venezuelan officials, with a 25-year term and a target of over 1.5 million barrels per day."]},{"type":"paragraph","text":"North American Blue Energy Partners (NABEP), a company with US backing, is set to gain operational control over Venezuelan oilfields that were formerly managed by Chinese and Russian entities. This transition is part of a broader agreement concerning Venezuelan oil production, announced by US President Donald Trump. The pact is slated to last for 25 years and aims for a production level exceeding 1.5 million barrels per day."},{"type":"paragraph","text":"Under the terms of the agreement, NABEP is expected to hold rights to 35% of the company's shares and will have preferential access to 20% of the output at cost. The arrangement encompasses 14 projects. Five of these fields were previously operated by Chinese companies, including China Concord Resources, Sinopec, and CNPC. One additional field was under the management of a Russian company."},{"type":"heading","text":"Disagreement on deal duration"},{"type":"paragraph","text":"Korrespondent.net reported the agreement was announced by US President Donald Trump and Venezuelan officials. South China Morning Post's digest stated the US firm secured 100-year concessions. Clarin reported that Venezuelan officials detailed the agreement would have a 25-year validity."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the centre or right-rated reports mention that Venezuelan opposition parties have called for transparency regarding the pact."}],"basedOn":[{"sourceName":"RPP","url":"https://rpp.pe/mundo/actualidad/china-exige-que-se-protejan-sus-intereses-en-venezuela-tras-el-acuerdo-petrolero-con-eeuu-noticia-1704867","headline":"China Demands that Its Interests in Venezuela Be Protected Following the Oil Agreement with the US.","angle":"","publishedAt":"2026-09-01T13:15:00.000Z"},{"sourceName":"Korrespondent.net","url":"https://korrespondent.net/world/4907997-neftianoi-peredel-v-venesuele-ssha-zaberut-chast-aktyvov-u-rf-y-kytaia","headline":"The Oil Change in Venezuela: the US Will Take some of the Assets From the Russian Federation and China.","angle":"","publishedAt":"2026-09-01T13:05:00.000Z"},{"sourceName":"ALnavío","url":"https://alnavio.es/china-exige-que-se-protejan-sus-intereses-en-venezuela-tras-el-acuerdo-petrolero-con-eeuu","headline":"China Demands that Its Interests in Venezuela Be Protected Following the Oil Agreement with the US","angle":"","publishedAt":"2026-09-01T12:59:51.000Z"},{"sourceName":"South China Morning Post","url":"https://scmp.com/news/china/diplomacy/article/3365995/china-demands-rights-guarantee-us-firm-secures-100-year-venezuelan-oil-deal","headline":"China demands rights guarantee as US firm secures 100-year Venezuelan oil deal","angle":"","publishedAt":"2026-09-01T12:30:10.000Z"},{"sourceName":"news-pravda.com","url":"https://news-pravda.com/world/2026/09/01/2557094.html","headline":"The United States’ control over part of Venezuela’s oil reserves should guarantee that China’s interests are protected, said Guo Jiakun, an official spokesperson for the Chinese Foreign Ministry","angle":"","publishedAt":"2026-09-01T12:00:53.000Z"},{"sourceName":"focoinformativo.site","url":"https://focoinformativo.site/china-exige-que-protejan-sus-intereses-en-venezuela-tras-el-acuerdo-petrolero-con-eeuu","headline":"China Demands that They Protect Their Interests in Venezuela Following the Oil Agreement with the US - Information Focus","angle":"","publishedAt":"2026-09-01T11:40:00.000Z"},{"sourceName":"gazetaweb.com","url":"https://gazetaweb.com/noticias/mundo/acordo-permite-que-eua-compre-petroleo-da-venezuela-a-preco-de-custo-932957","headline":"Agreement Allows US to Buy Oil From Venezuela at Cost Price","angle":"","publishedAt":"2026-09-01T10:45:00.000Z"},{"sourceName":"14ymedio.com","url":"https://14ymedio.com/internacional/china-exige-protejan-intereses-venezuela_1_1130331.html","headline":"China Demands that Its Interests in Venezuela Be Protected Following the Oil Agreement with the United States","angle":"","publishedAt":"2026-09-01T10:44:30.000Z"},{"sourceName":"1prime.ru","url":"https://1prime.ru/20260901/mid-872875991.html","headline":"The US-Venezuela Deal Should Not Prejudice China's Interests, Jiakun Said.","angle":"","publishedAt":"2026-09-01T10:28:59.810Z"},{"sourceName":"china.org.cn","url":"https://china.org.cn/china/Off_the_Wire/2026-09/01/content_118675036.shtml","headline":"China's lawful rights, interests in Venezuela must be protected ...","angle":"","publishedAt":"2026-09-01T10:25:58.351Z"},{"sourceName":"Metrópoles","url":"https://metropoles.com/mundo/acordo-permite-que-eua-compre-petroleo-da-venezuela-a-preco-de-custo","headline":"Agreement Allows US to Buy Oil From Venezuela at Cost Price","angle":"","publishedAt":"2026-09-01T10:16:00.000Z"},{"sourceName":"Correio da Manhã","url":"https://cmjornal.pt/mundo/detalhe/china-exige-protecao-dos-seus-interesses-na-venezuela-apos-acordo-petrolifero-com-os-eua","headline":"China Demands Protection of Its Interests in Venezuela After Oil Deal with the US","angle":"","publishedAt":"2026-09-01T08:39:08.000Z"},{"sourceName":"Noticias ao Minuto","url":"https://noticiasaominuto.com/mundo/3044378/china-exige-protecao-dos-seus-interesses-na-venezuela-apos-acordo-petrolifero-com-os-eua","headline":"China Demands Protection of Its Interests in Venezuela","angle":"","publishedAt":"2026-09-01T08:28:35.000Z"},{"sourceName":"Sapo","url":"https://jornaleconomico.sapo.pt/noticias/analistas-veem-acordo-petrolifero-eua-venezuela-como-reves-para-a-china","headline":"Analysts See U.S.-Venezuela Oil Agreement as Reversals for China . . 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