The plan of Venezuelan crude oil producer North American Blue Energy Partners, which is supported by the US government, is to more than double crude oil production in just over two years. This is part of the Trump administration's plan to push for increased production in this South American country. The company's current production is around 200,000 b/d, and the goal is to increase production to 500,000 b/d by the end of 2028. The plan will be funded by internal cash flow. Some analysts see NABEP's plans as ambitious, and concerns include the service side of the business and the possibility of raising capital to support the expansion.

The plan of Venezuelan crude oil producer North American Blue Energy Partners, which is supported by the US government, is to more than double crude oil production in just over two years. This is part of the Trump administration's plan to push for increased production in this South American country. The company's current production is around 200,000 b/d, and the goal is to increase production to 500,000 b/d by the end of 2028. The plan will be funded by internal cash flow. Some analysts see NABEP's plans as ambitious, and concerns include the service side of the business and the possibility of raising capital to support the expansion.