Questions Mount Over Venezuela’s Biggest Oil Deal

"The biggest oil deal in world history" between the Trump Administration and North American Blue Energy Partners may not live up to the hype as the privately held and previously little-known company could face steep challenges in developing Venezuela's huge oil resources, Reuters reported, citing more than a dozen oil workers, contractors, and experts from the industry.

S. -backed interim Venezuelan government has made changes to the legal, regulatory, and commercial frameworks, which has started to attract a broad pool of investors in its oil industry. Eni, Repsol, and Halliburton, to name a few, are back with deals to develop and help drill oilfields. S.