Venezuela Oil Deal Names Betancourt as China Protests and Krugman Attacks Concession

VENEZUELA · ENERGY Key Facts —The concessionaire: North American Blue Energy Partners (NABEP), holder of the 100-year lease on 17 Venezuelan oilfields, is controlled by Venezuelan businessman Alejandro Betancourt, who is under investigation by US and European authorities but has never been charged and denies wrongdoing. —The scale: With 14 newly granted contracts — five…