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Trump’s $100 Billion Venezuela Oil Deal Faces a Key Question: Who Pays For It?
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Trump’s $100 Billion Venezuela Oil Deal Faces a Key Question: Who Pays For It?

President Trump's newly announced oil deal with Venezuela is being called one of the largest energy agreements in history, but a critical detail remains unresolved: where the estimated $100 billion needed to develop the oil fields will actually come from.

Tristan R.
By Tristan R.

Senior Author · September 2, 2026

2 min
Key takeaways
President Trump's newly announced oil deal with Venezuela is being called one of the largest energy agreements in history, but a critical detail remains unresolved: where the estimated $100 billion needed to develop the oil fields will actually come from.
North American Blue Energy Partners Leads the Charge The task of raising funds and expanding drilling has fallen to North American Blue Energy Partners, a private Venezuelan company now working alongside the US government.
Under the arrangement, the company will gain access to oil fields holding roughly 65 billion barrels, while the US receives a 35% equity stake and the option to purchase a portion of future output at production cost.

President Trump’s newly announced oil deal with Venezuela is being called one of the largest energy agreements in history, but a critical detail remains unresolved: where the estimated $100 billion needed to develop the oil fields will actually come from.

North American Blue Energy Partners Leads the Charge

The task of raising funds and expanding drilling has fallen to North American Blue Energy Partners, a private Venezuelan company now working alongside the US government. Under the arrangement, the company will gain access to oil fields holding roughly 65 billion barrels, while the US receives a 35% equity stake and the option to purchase a portion of future output at production cost. Officials have stressed that no US government funds are being invested directly.

Trump has claimed the deal will lower gas prices for Americans within two years, though the company’s ability to scale production fast enough to match those promises remains uncertain.

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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.