Venezuelan oil tycoon Alejandro Betancourt's US-backed venture hits 223,000 barrels a day
Billionaires Africa | 14.11.2026 16:47
Venezuelan oil tycoon Alejandro Betancourt says the company at the center of the Trump administration's Venezuela oil deal is now pumping about 223,000 barrels a day, up from 18,000 when operations restarted in late 2023, and will plow more than $5 billion of this year's cash flow back into expansion.
