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Sunday, January 18, 2026

Brazil’s Billionaire Batistas Poised for Venezuelan Oil Revival

 


The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from US President Donald Trump’s planned revival of the South American nation’s energy sector.

The Batistas, who control the world’s biggest meatpacker, are discreetly positioned on the outskirts of Venezuela’s oil sector via the stake one of their business associates holds in the Petrolera Roraima project, according to people familiar with the situation.

https://www.bloomberg.com/news/articles/2026-01-18/brazil-s-billionaire-batistas-poised-for-venezuelan-oil-revival

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