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US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports

Summary by Reuters

The U.S. government plans to take a 35% passive stake in Venezuelan businessman Alejandro Betancourt’s North American Blue Energy Partners, the Wall Street Journal reported ‌on Saturday, citing people involved in negotiating the deal.

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U.S. To Take 35% Stake In Venezuelan Mogul Betancourt's Oil Venture, WSJ Reports

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.

1 hour ago·New York, United States

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Reuters

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US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports

3 hours ago·London, United Kingdom

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The Mighty 790 KFGO

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US to take 35% stake in Venezuelan mogul Betancourt’s oil venture, WSJ reports

Aug 29 (Reuters) - The U.S. government plans to take a 35% passive stake in Venezuelan businessman Alejandro Betancourt’s North American Blue Energy Partners, the Wall Street Journal reported ‌on Saturday, citing people involved in negotiating the dea...

1 day ago

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