Reuters: Venezuela to hand oil fields run by Chinese, Russian firms to U.S.-backed operator

The American company North American Blue Energy Partners (NABEP) will take control of several oil fields in Venezuela that were previously operated by several Chinese companies and one Russian firm, two U.S. officials told Reuters.

Arrangement gives U.S. companies a foothold in some of Venezuela’s strategically important oil assets while displacing Chinese and Russian interests

Venezuelan interim authorities have granted North American Blue Energy Partners 100-year concessions for 17 oil fields, White House says.

US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials say  Reuters

China's largest memory chipmaker, CXMT, has sued the Pentagon this week. The company disputes its designation as a Chinese military company by the US government. CXMT states its DRAM chips are for civilian and commercial use only. This lawsuit follows similar challenges from other Chinese technology firms. The lega

The US believes it is a company that is aiding Beijing’s military.