Washington — The White House has offered fresh specifics on the petroleum agreement with Venezuela that President Donald Trump announced several days ago. The newly released information reveals that, as part of the arrangement, the United States will set up a private company through a joint venture with North American Blue Energy Partners, a firm owned by Venezuelan businessman Alejandro Betancourt.
The detail provides a clearer picture of the administration’s involvement in the deal, though the full scope of the agreement has not been detailed.