North America Blue Energy Partners (NABEP)

Money Moves

U.S.-Venezuelan joint venture; output target faces debt and staffing problems

María Corina Machado returned to Venezuela on Oct. 25, and the U.S. has since laid out a sequence for presidential elections in 2027. Secretary of State Marco Rubio met Venezuelan Foreign Minister Oliver Blanco on Nov. 2 to reaffirm a three-phase plan. It runs from stabilization and economic recovery to political reconciliation and a democratic transition.

Updated 2 days ago

Force in Play

Holds concession rights to 17 Venezuelan oil fields; first 1 million-barrel shipment arrived in Texas on October 27. U.S. officials say Washington holds a 35% stake, while the Pentagon describes warrants to buy shares.

Delta Force operators captured Nicolás Maduro and his wife, Cilia Flores, in a pre-dawn Caracas raid on January 3, 2026. Maduro pleaded not guilty in Manhattan and is jailed in Brooklyn awaiting a June 1, 2027 trial, while Delcy Rodríguez remains acting president and has not set an election date.

Updated 4 days ago