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Maduro

Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal Maduro

Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal

The Pentagon has received a big ownership stake in an obscure private oil company that will control crude reserves larger than ExxonMobil 's global portfolio if President Donald Trump's Venezuela deal is successful. The deal comes eight months after Washington ousted former Venezuelan President Nicolás Maduro in a military raid…
bubmag
September 5, 2026
Venezuelan billionaire lands pentagon-backed oil deal amid past money-laundering probe Maduro

Venezuelan billionaire lands pentagon-backed oil deal amid past money-laundering probe

U.S.-investigated Venezuelan billionaire Alejandro Betancourt now partners with Washington in a Pentagon-backed oil deal granting access to Venezuela’s crude reserves amid ongoing scrutiny over past money-laundering probes CARACAS/MIAMI: The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a ‌target of U.S. money-laundering…
bubmag
September 5, 2026
The Biggest Oil Deal or Theft at Gunpoint? U.S. Claims Majority Control of Venezuela’s Oil Reserves Maduro

The Biggest Oil Deal or Theft at Gunpoint? U.S. Claims Majority Control of Venezuela’s Oil Reserves

This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: Nine months after the U.S. military abducted Venezuelan President Nicolás Maduro and the first lady in a raid on Caracas, President Trump has announced a deal for the U.S. to take majority control of more…
bubmag
September 1, 2026
Venezuela vowed not to ‘hand over’ its oil. Trump aims to grab a windfall. Maduro

Venezuela vowed not to ‘hand over’ its oil. Trump aims to grab a windfall.

As Nicolás Maduro’s vice president in Venezuela, Delcy Rodríguez once accused her political rival of planning to hand over the country’s riches — its vast oil reserves — to the United States. “They are her owners,” Rodriguez said in 2024 of María Corina Machado, then the U.S.-backed opposition leader. “Her…
bubmag
August 30, 2026
Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear Maduro

Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear

US President Donald Trump has said oil from Venezuela will be used to replenish the country's Strategic Petroleum Reserve (SPR), which he claimed was “virtually emptied” under former President Joe Biden. In a post on Truth Social, Trump said: “The ‘topping out’ process will begin very shortly, and is a…
bubmag
August 30, 2026
Trump announces record-breaking oil deal with Venezuela to double US reserves and slash gas prices Maduro

Trump announces record-breaking oil deal with Venezuela to double US reserves and slash gas prices

Donald Trump announced he has landed the 'biggest oil deal in world history' following a deal with Venezuela. The president revealed that he has secured control of more than 65 billion barrels of proven oil reserves in a move he says will slash gas prices for ordinary Americans. Trump credited Secretary of…
bubmag
August 29, 2026
Nicolás Maduro’s Daring Capture Sparks Major Legal Battle Maduro

Nicolás Maduro’s Daring Capture Sparks Major Legal Battle

Just weeks following the release of a former president from a United States federal prison, another world leader has been apprehended and charged with serious crimes. Interestingly, these leaders’ legal sagas share notable parallels. Both individuals were presidents ensnared by US authorities due to allegations related to drug trafficking. They…
bubmag
August 16, 2026