US collected $13B from Venezuelan oil sales – True

So fact-checking Trump relies on piecing together scattered estimates of revenues and expenditures. A July 22 Financial Times analysis estimated that the U.S. has collected about $13 billion in Venezuelan oil revenue.

Before nationalization, “the contracts that these companies had,” which were set to expire in 1983, “basically authorized them to produce oil and pay royalties and taxes to the Venezuelan government,” Francisco Monaldi, director of the Latin America Energy Program at Rice University, told NPR in a podcast interview published on Jan. 8. In 1977, a year after nationalization went into effect, the Times reported that about 20 foreign oil companies affected by the takeover ended up being paid about $1 billion in compensation from the Venezuelan government, and some negotiated contracts to continue providing marketing and technological support in the country.

Washington has given diverging accounts of where the earthquake-shattered country’s funds are going

Marc Filippino speaks to Geoff Dyer, Aime Williams and Ian Smith

وكان وزير الطاقة ... أن مبيعات النفط الفنزويلي التي تسيطر عليها الولايات المتحدة بلغت حتى الآن أكثر من مليار دولار، وستدر ...

ترامب يعلن "أكبر صفقة نفط في التاريخ" مع فنزويلا.. أكثر من 65 مليار برميل · لكن المحللين يحذرون من أن المكاسب الاقتصادية الأكبر ستستغرق وقتاً لتظهر، ولا يزال من غير الواضح متى سيلمس عامة الشعب آثارها.

وتحتوي فنزويلا على احتياطيات نفطية هائلة تُقدّر بنحو 303 مليارات برميل من النفط الخام، أي ما يعادل خُمس الاحتياطيات العالمية، وفقًا ...

In the days following Maduro’s ... used for. The Financial Times reported in July that the US has collected more than $13bn in revenue from Venezuelan oil sales this year....

According to Global Witness analysis of Rystad Energy data, the Venezuelan government’s take – revenues owed to the state from production – was some $13 billion in 2025.

The Trump administration has collected more than US$13 billion in revenues from Venezuelan oil sales this year, according to FT calculations, but has said almost nothing about what has happened to the money.

President Donald Trump said Monday that the U.S. has collected more than $13 billion from the sale of Venezuelan crude oil since the overthrow of former President Nicolás Maduro.

An executive order issued days after Maduro’s ouster said oil revenue would be the Venezuelan government property but held in U.S. government accounts in a “custodial and governmental capacity.” The U.S. Energy Department said the funds would be “disbursed for the benefit of the American people and the Venezuelan people.” · Neither government has produced a single, easy-to-locate and up-to-date dollar amount of how much oil revenue has been generated, nor who has received the money. So fact-checking Trump relies on piecing together scattered estimates of revenues and expenditures. A July 22 Financial Times analysis estimated that the U.S. has collected about $13 billion in Venezuelan oil revenue.