China Demands Protection of Oil Interests Amid US-Venezuela Deal

China warned to safeguard its oil assets in Venezuela following a new US-Venezuela agreement.

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from the fact record

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As of 2026-09-01 15:25 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

On Tuesday, China demanded that its interests in Venezuela be safeguarded after reports indicated a new oil agreement between Caracas and Washington could affect fields operated by Chinese companies. ^[1] The United States and Venezuela announced an agreement on Friday for Washington to control more than 20% of Venezuela's crude oil reserves, eight months after the rapprochement between the government of interim president Delcy Rodríguez and the government of Donald Trump following the capture of Nicolás Maduro in January. ^[2] The US and Venezuela announced an agreement granting Washington control over more than 20% of Venezuela's oil reserves, specifically 65 billion barrels, to be managed by the private corporation North American Blue Energy Partners. ^[3] China's Ministry of Foreign Affairs spokesperson Guo Jiakun stated on 2026-06-25 that China's legitimate rights and interests in Venezuela must be safeguarded. ^[4] Guo Jiakun responded to reports that a US company would assume control of several Venezuelan oil fields previously held by Chinese firms, specifically Sinopec and CNPC, as part of a new deal driven by President Donald Trump. ^[5] Chinese state-owned companies Sinopec and CNPC are currently operating in Venezuelan oil fields that are reportedly targeted by the new US-Venezuela agreement. ^[6]

What this stands on

The United States and Venezuela announced an agreement on Friday for Washington to control more than 20% of Venezuela's crude oil reserves, eight months after the rapprochement between the government of interim president Delcy Rodríguez and the government of Donald Trump following the capture of Nicolás Maduro in January. · EL NACIONAL

The US and Venezuela announced an agreement granting Washington control over more than 20% of Venezuela's oil reserves, specifically 65 billion barrels, to be managed by the private corporation North American Blue Energy Partners. · TalCual

China's Ministry of Foreign Affairs spokesperson Guo Jiakun stated on 2026-06-25 that China's legitimate rights and interests in Venezuela must be safeguarded. ·

elcomercio.pePeru

Guo Jiakun responded to reports that a US company would assume control of several Venezuelan oil fields previously held by Chinese firms, specifically Sinopec and CNPC, as part of a new deal driven by President Donald Trump. · EL NACIONAL

Chinese state-owned companies Sinopec and CNPC are currently operating in Venezuelan oil fields that are reportedly targeted by the new US-Venezuela agreement. · Finanzas Digital

The one we could place publishes from Peru. 3 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.

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