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Oil & Energy

Oil, gold and the price of power: Venezuela remains 8 months after Maduro's fall

Eight months after Maduro's fall, the Trump administration is reportedly planning to have the Pentagon take direct control of Venezuelan oil assets via a partnership with PDVSA, according to a WSJ exclusive.

Tracked question

Is the regime's fiscal position stabilizing or collapsing? · Full question dossier →

linked by topic terms: gold, oil, oro, petroleo

What would settle it: Two quarters of consistent PDVSA output and reserve figures from independent trackers.

Evidence state: establishedas of Sep 12, 2026changed from emerging → establishednot yet linked to a tracked event object in our corpus — no source count yet

The Trump administration plans for the Pentagon to control Venezuelan oil assets through a partnership with PDVSA, as revealed by The Wall Street Journal.

The deal involves a 35% passive stake in North American Blue Energy Partners (NABEP), led by Alejandro Betancourt, with a 100-year concession on 17 strategic fields.

Delcy Rodríguez, interim president, presents the agreement as a 25-year deal with royalties and taxes, but the WSJ reports a separate 100-year corporate structure.

The US strategic petroleum reserve is at about 41% capacity, its lowest in over four decades, due to the war with Iran, prompting the need for Venezuelan crude.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-31 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.