NABEP to sell US 20% of its production at fixed $30/bbl price

CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 12.Nov.2026, Words: 220) — The oil agreement between the US government and North American Blue Energy Partners (Nabep) includes a 50-year contract, a 35% US stake in the company, and the purchase of part of its production at a price of $30 per barrel, according to a report published by The Washington Post.