{"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-take-over-venezuelan-oilfields-from-chinese-and-russian-companies","slug":"us-firm-to-take-over-venezuelan-oilfields-from-chinese-and-russian-companies","url":"https://mediabias.news/business/us-firm-to-take-over-venezuelan-oilfields-from-chinese-and-russian-companies","title":"US firm to take over Venezuelan oilfields from Chinese and Russian companies","subtitle":"North American Blue Energy Partners will control 17 projects under a new U.S.-Venezuela oil production agreement.","excerpt":"A U.S.-backed company, North American Blue Energy Partners, is set to take over oilfields in Venezuela previously operated by Chinese and Russian firms. The deal grants the U.S. government a significant stake and preferential access to production.","category":"Business & Economy","area":"Latin America","publishedAt":"2026-09-01T11:25:27.737Z","sourceReportedAt":"2026-09-01T10:00:05.000Z","updatedAt":"2026-09-02T13:00:29.335Z","readTime":"4 min read","scores":{"trust":78,"critic":65,"hype":15,"notes":{"trust":"Two full reports corroborate key facts; 15 digests agree on central claim.","critic":"Quotes and figures present; some digests lack context or clarity.","hype":"Headlines are measured; no sensationalism detected in body text."}},"tags":["#VenezuelaOil","#USChinaRelations","#USRussiaRelations","#EnergySecurity","#NABEP"],"entities":["North American Blue Energy Partners (NABEP)","United States","Venezuela","China","Russia","Donald Trump","Alejandro Betancourt","China Concord Resources"],"body":[{"type":"key_takeaways","items":["U.S. oil company North American Blue Energy Partners (NABEP) will take over oilfields in Venezuela previously operated by five Chinese companies and one Russian firm.","NABEP received 14 newly granted contracts from the Venezuelan government as part of a U.S.-Venezuela oil production agreement.","The U.S. government will hold a 35% stake in NABEP and have preferential access to 20% of its production.","NABEP plans to control 17 projects in Venezuela, including fields previously operated by China Concord Resources, which was sanctioned by the U.S. in 2019."]},{"type":"paragraph","text":"U.S. oil company North American Blue Energy Partners (NABEP) is to take over oilfields in Venezuela that were previously operated by five Chinese companies and one Russian firm. This takeover is part of a broad oil production agreement announced by President Donald Trump with Venezuela. NABEP received 14 newly granted contracts from the Venezuelan government as part of this arrangement."},{"type":"paragraph","text":"Under the agreement, the U.S. government will hold a 35% stake in NABEP and have preferential access to 20% of the company's production. NABEP plans to control a total of 17 projects in Venezuela. Two of these projects were previously operated by China Concord Resources, a company sanctioned by the U.S. in 2019 for Iran-related activity. Other fields were operated by Sinopec, China National Petroleum Corp, and a Russian company."},{"type":"heading","text":"Disagreement on specific Chinese companies"},{"type":"paragraph","text":"While Devdiscourse and CNBC report that five Chinese companies previously operated fields now taken over by NABEP, CNBC states that the outlet declined to identify the fifth Chinese company. Other reports do not specify the number of Chinese companies involved."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the left-rated digests mention the U.S. government's veto power over NABEP's board or the stipulation that a majority of directors must be American citizens. The centre-rated digests do not mention the U.S. government's veto power over NABEP's board or the stipulation that a majority of directors must be American citizens. The right-rated digest does not mention the U.S. government's veto power over NABEP's board or the stipulation that a majority of directors must be American citizens."}],"basedOn":[{"sourceName":"Gulf News","url":"https://gulfnews.com/opinion/op-eds/us-venezuela-oil-deal-redraws-global-energy-power-1.500662350","headline":"US-Venezuela oil deal redraws global energy power","angle":"","publishedAt":"2026-09-05T01:04:00.000Z"},{"sourceName":"The New York Ledger","url":"https://thenyledger.com/news/u-s-officials-say-venezuela-oil-deal-step-toward-progress-despite-lingering-concerns","headline":"U.S. officials say Venezuela oil deal step toward progress despite lingering concerns","angle":"","publishedAt":"2026-09-02T18:42:24.000Z"},{"sourceName":"KPAX","url":"https://kpax.com/science-and-tech/energy/private-companies-set-to-strike-new-deals-to-expand-venezuelan-oil-production","headline":"Private companies set to strike new deals to expand Venezuelan oil production","angle":"","publishedAt":"2026-09-02T18:30:20.000Z"},{"sourceName":"Yated.com","url":"https://yated.com/trump-deal-gives-america-access-to-cheap-oil-from-venezuela","headline":"Trump Deal Gives America Access to Cheap Oil from Venezuela","angle":"","publishedAt":"2026-09-02T14:55:05.000Z"},{"sourceName":"EL NACIONAL","url":"https://elnacional.com/2026/09/que-se-sabe-de-nabep-la-empresa-de-alejandro-betancourt","headline":"Nabep, Alejandro Betancourt's Company that Achieved a Historic Agreement to Exploit Oil in Venezuela","angle":"","publishedAt":"2026-09-02T13:35:39.000Z"},{"sourceName":"Washington Times","url":"https://washingtontimes.com/news/2026/sep/2/us-officials-say-venezuela-oil-deal-step-toward-progress-despite","headline":"U.S. officials say Venezuela oil deal step toward progress despite lingering concerns","angle":"","publishedAt":"2026-09-02T12:58:00.155Z"},{"sourceName":"Novinky.cz","url":"https://novinky.cz/clanek/ekonomika-trump-prebira-venezuelskou-ropu-cina-a-rusko-prichazeji-o-cast-tezby-40595444","headline":"Trump Takes on Venezuelan Oil. China and Russia Lose some of Their Mining","angle":"","publishedAt":"2026-09-02T11:09:22.000Z"},{"sourceName":"Radio Guaíba","url":"https://guaiba.com.br/empresa-ligada-ao-pentagono-controlara-21-do-petroleo-da-venezuela","headline":"Company Linked to the Pentagon Will Control 21% of the Oil of Venezuela","angle":"","publishedAt":"2026-09-02T11:09:00.000Z"},{"sourceName":"n1info.rs","url":"https://n1info.rs/svet/americka-firma-nafta-polja-venecuela","headline":"An American Firm Is Taking over Several Venezuelan Oil Fields","angle":"","publishedAt":"2026-09-02T10:32:14.000Z"},{"sourceName":"money.ro","url":"https://money.ro/stiri/casa-alba-acorda-o-concesiune-pe-100-de-ani-pentru-petrolul-venezuelei-afacerea--mtjtjt5m","headline":"The White House Grants a 100-Year Concession for Venezuela's Oil. The $100 Billion Deal","angle":"","publishedAt":"2026-09-02T08:13:08.000Z"},{"sourceName":"Ghanaian Times","url":"https://ghanaiantimes.com.gh/us-firm-to-take-over-venezuela-oilfields","headline":"US firm to take over Venezuela oilfields","angle":"","publishedAt":"2026-09-02T07:33:09.000Z"},{"sourceName":"U-S-NEWS.COM","url":"https://u-s-news.com/news-headlines-president-trumps-venezuela-oil-deal-gives-u-s-a-35-stake-in-65-billion-barrels-100percentfedup-com-by-isaac","headline":"NEWS HEADLINES: President Trump’s Venezuela Oil Deal Gives U.S. a 35% Stake in 65 Billion Barrels – 100PercentFedUp.com – by Isaac","angle":"","publishedAt":"2026-09-02T05:59:41.000Z"},{"sourceName":"La Libre","url":"https://lalibre.be/economie/conjoncture/2026/09/02/venezuela-larmee-donne-son-feu-vert-a-laccord-petrolier-historique-avec-les-etats-unis-O64E4KL3ZJBKVCOPRTQZGFB5UQ","headline":"Venezuela: Army Gives Green Light to \"Historic\" Oil Deal with United States","angle":"","publishedAt":"2026-09-02T05:49:51.387Z"},{"sourceName":"Metropolitan Magazine","url":"https://metropolitanmagazine.it/gli-stati-uniti-prenderanno-tutto-il-petrolio-del-venezuela-parola-di-trump","headline":"The United States Will Take All Venezuelan Oil, Trump's Word","angle":"","publishedAt":"2026-09-02T05:45:00.000Z"},{"sourceName":"n-tv","url":"https://n-tv.de/politik/Venezuela-macht-Weg-fuer-milliardenschweren-Oel-Deal-mit-den-USA-frei-id31259296.html","headline":"Army and Parliament Agree: Venezuela Clears the Way for a Billion Dollar Oil Deal with the US","angle":"","publishedAt":"2026-09-02T04:36:03.000Z"},{"sourceName":"Noticias León | Última Hora León, Bierzo y Ponferrada","url":"https://diariodeleon.es/internacional/260902/2095934/casa-blanca-controlara-cien-anos-petroleo-venezuela.html","headline":"The White House Delivers Venezuela’s Oil to a Private Company for a Hundred Years","angle":"","publishedAt":"2026-09-02T04:00:00.000Z"},{"sourceName":"World Oil","url":"https://worldoil.com/news/2026/9/1/u-s-venezuela-oil-deal-covers-17-fields-65-bbbl-of-reserves","headline":"U.S.-Venezuela oil deal covers 17 fields, 65 Bbbl of reserves","angle":"","publishedAt":"2026-09-02T03:05:19.245Z"},{"sourceName":"Felix Victorino","url":"https://fvdigital.do/mundoeeuu-acuerda-con-venezuela-una-concesion-de-100-anos-para-explotar-petroleo-a-una-empresa-privada-fvdigital","headline":"#World: US Agrees with Venezuela on a 100-Year Concession to a Private Company to Exploit Oil #FVDigital","angle":"","publishedAt":"2026-09-02T02:45:27.000Z"},{"sourceName":"100% FED UP!","url":"https://100percentfedup.com/president-trumps-venezuela-oil-deal-gives-u-s","headline":"President Trump’s Venezuela Oil Deal Gives U.S. a 35% Stake in 65 Billion Barrels – 100PercentFedUp.com – by Isaac","angle":"","publishedAt":"2026-09-02T00:06:20.000Z"},{"sourceName":"Ecopolitic","url":"https://ecopolitic.ro/casa-alba-acorda-unei-companii-private-o-concesiune-pe-100-de-ani-pentru-exploatarea-petrolului-venezuelean","headline":"The White House Grants a 100-Year Concession to a Private Company for the Exploitation of Venezuelan Oil","angle":"","publishedAt":"2026-09-02T00:00:22.000Z"},{"sourceName":"El Economista","url":"https://eleconomista.com.mx/internacionales/betancourt-socio-chavista-aliado-trump-20260901-831418.html","headline":"Betancourt, Chavista Partner to Trump Ally","angle":"","publishedAt":"2026-09-01T23:37:16.000Z"},{"sourceName":"La Manyana","url":"https://lamanyana.cat/la-casa-blanca-lliura-a-una-empresa-privada-la-concessio-del-cru-venecola","headline":"The White House Hands over the Venezuelan Crude Oil Concession to a Private Company","angle":"","publishedAt":"2026-09-01T23:30:44.000Z"},{"sourceName":"La Repubblica","url":"https://repubblica.it/economia/2026/09/02/news/agli_usa_il_petrolio_venezuelano_per_scalzare_pechino_e_mosca-425559744","headline":"Venezuelan Oil in the USA to Explode Beijing and Moscow","angle":"","publishedAt":"2026-09-01T23:00:00.000Z"},{"sourceName":"La Opinion","url":"https://laopinion.com/2026/09/01/trump-y-delcy-rodriguez-entregan-a-nabep-concesiones-petroleras-por-100-anos-en-venezuela","headline":"Trump and Delcy Rodríguez Give NABEP Oil Concessions for 100 Years in Venezuela - La Opinión","angle":"","publishedAt":"2026-09-01T22:57:26.000Z"},{"sourceName":"elperiodicodelaenergia.com","url":"https://elperiodicodelaenergia.com/que-se-sabe-de-nabep-la-empresa-que-explotara-con-eeuu-crudo-venezolano","headline":"What Is Known About NABEP, the Company that Will Exploit Venezuela’s Crude US","angle":"","publishedAt":"2026-09-01T22:30:00.000Z"},{"sourceName":"Jornal Toda Palavra","url":"https://todapalavra.info/single-post/empresa-ligada-ao-pent%C3%A1gono-controlar%C3%A1-21-do-petr%C3%B3leo-da-venezuela","headline":"Company Linked to the Pentagon Will Control 21% of the Oil of Venezuela","angle":"","publishedAt":"2026-09-01T21:15:53.875Z"},{"sourceName":"El Mundo CR","url":"https://elmundo.cr/mundo/petroleo-venezolano-a-bajo-costo-abc-del-acuerdo-que-otorga-a-ee-uu-dominio-energetico-para-el-proximo-siglo","headline":"Venezuelan Oil “at Low Cost”: ABC of the Agreement that Grants the U.S. Energy Domain for the “Next Century”","angle":"","publishedAt":"2026-09-01T21:09:24.000Z"},{"sourceName":"bne IntelliNews","url":"https://intellinews.com/pentagon-takes-stake-in-venezuelan-oil-venture-as-details-of-trump-s-deal-emerge-465062","headline":"Pentagon takes stake in Venezuelan oil venture as details of Trump's deal 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Oil","angle":"","publishedAt":"2026-09-01T20:00:02.000Z"},{"sourceName":"Poder360","url":"https://poder360.com.br/poder-energia/eua-garantem-compra-de-petroleo-venezuelano-a-preco-de-custo","headline":"USA Guarantees Purchase of Venezuelan Oil with 100-Year Concession","angle":"","publishedAt":"2026-09-01T19:38:33.000Z"},{"sourceName":"Bay News 9","url":"http://baynews9.com/fl/tampa/business/2026/09/01/chevron-oil-expansion-venezuela","headline":"Chevron to expand Venezuela operations, says U.S. official","angle":"","publishedAt":"2026-09-01T19:18:24.217Z"},{"sourceName":"Spectrum Local News","url":"https://spectrumlocalnews.com/us/snplus/business/2026/09/01/chevron-oil-expansion-venezuela","headline":"Chevron to expand Venezuela operations, says U.S. official","angle":"","publishedAt":"2026-09-01T19:07:42.492Z"},{"sourceName":"Spectrum News 13","url":"http://mynews13.com/fl/orlando/business/2026/09/01/chevron-oil-expansion-venezuela","headline":"Chevron to expand Venezuela operations, says U.S. official","angle":"","publishedAt":"2026-09-01T19:05:32.331Z"},{"sourceName":"Hola News","url":"https://holanews.com/la-casa-blanca-entrega-a-una-empresa-privada-concesion-de-100-anos-sobre-crudo-venezolano","headline":"The White House Delivers to a Private Company 100-Year Concession on Venezuelan Crude Oil","angle":"","publishedAt":"2026-09-01T18:56:04.000Z"},{"sourceName":"Truthout","url":"https://truthout.org/video/white-house-says-venezuela-oil-grab-includes-100-year-leases-to-17-oil-fields","headline":"White House Says Venezuela Oil Grab Includes 100-Year Leases to 17 Oil Fields","angle":"","publishedAt":"2026-09-01T18:49:54.000Z"},{"sourceName":"Les Affaires","url":"https://lesaffaires.com/communique-de-presse/le-gouvernement-americain-et-north-american-blue-energy-partners-nabep-concluent-un-accord-historique-pour-le-developpement-du-secteur-petrolier-venezuelien","headline":"US Government and North American Blue Energy Partners (NABEP) Reach Historic Agreement for Development of Venezuelan Oil Sector","angle":"","publishedAt":"2026-09-01T18:45:00.000Z"},{"sourceName":"Spectrum News","url":"http://spectrumnews1.com/ky/louisville/business/2026/09/01/chevron-oil-expansion-venezuela","headline":"Chevron to expand Venezuela operations, says U.S. official","angle":"","publishedAt":"2026-09-01T18:43:00.000Z"},{"sourceName":"USA Today","url":"https://usatoday.com/story/news/politics/2026/09/01/us-venezuelan-oil-deal-increase-oil-supply-and-thwart-adversary/91562726007","headline":"US-Venezuela oil deal about supply and thwarting 'adversary': White House","angle":"","publishedAt":"2026-09-01T18:16:17.000Z"},{"sourceName":"De Tijd","url":"https://tijd.be/ondernemen/milieu-energie/venezolaanse-deal-van-trump-maakt-van-onbekend-nabep-plots-oliegigant/10684322.html","headline":"Trump's Venezuelan Deal Suddenly Turns Unknown NABEP Into an Oil 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Defense","url":"https://insidedefense.com/daily-news/white-house-says-pentagon-will-take-35-stake-venezuelan-oil-venture","headline":"White House says Pentagon will take 35% stake in Venezuelan oil venture","angle":"","publishedAt":"2026-09-01T17:05:49.000Z"},{"sourceName":"24/7 Wall St.","url":"https://247wallst.com/investing/2026/09/01/gulf-coast-refineries-pour-cold-water-on-trumps-65-billion-barrel-venezuelan-victory-lap","headline":"Gulf Coast Refineries Pour Cold Water on Trump’s 65-Billion-Barrel Venezuelan Victory Lap","angle":"","publishedAt":"2026-09-01T16:55:43.000Z"},{"sourceName":"Jornal Expresso","url":"https://expresso.pt/eua/2026-09-01-eua-cedem-exploracao-de-20-do-petroleo-venezuelano-por-100-anos-a-empresa-norte-americana-e8f7d893","headline":"USA Surrenders Exploitation of 20% of Venezuelan Oil for 100 Years to U.S. Company","angle":"","publishedAt":"2026-09-01T16:39:53.146Z"},{"sourceName":"IOL Portugal","url":"https://sol.iol.pt/internacional/noticias/eua-asseguram-acesso-a-20-das-reservas-de-petroleo-da-venezuela-em-acordo-a-100-anos/20260901/6a96fcf50cf2f6a1a1e76039","headline":"USA Ensures Access to 20% of Venezuela's Oil Reserves According to 100 Years","angle":"","publishedAt":"2026-09-01T16:32:07.217Z"},{"sourceName":"Record TV Europa","url":"https://recordeuropa.com/noticias/mundo/eua-empresa-privada-fica-com-20-do-petroleo-da-venezuela-durante-100-anos-01-09-2026-355363","headline":"USA: Private Company Gets 20% of Venezuela's Oil for 100 Years","angle":"","publishedAt":"2026-09-01T16:30:59.000Z"},{"sourceName":"GuildHall","url":"https://ghall.com.ua/2026/09/01/ssha-zabirayut-sebe-neftyanye-mestorozhdeniya-rf-i-kitaya-v-venesuele","headline":"The US Is Taking over Russian and Chinese Oil Fields in 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