Billionaire Coinbase Founder Reportedly Seeks Venezuelan Oil Deal—Along With Chevron, ENI, BABEP

By Forbes Breaking News

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Billionaire Coinbase co-founder and ally of President Donald Trump, Fred Ehrsam, is reportedly seeking to take over three oil fields in Venezuela where the U.S. government is considering pushing out their current operators—the latest potential shakeup in Venezuela’s oil industry as Trump seeks to restructure it. READ MORE: https://www.forbes.com/sites/saradorn/2026/09/02/billionaire-coinbase-founder-reportedly-seeks-venezuelan-oil-deal-amid-trump-intervention-along-with-chevron-eni-babep/ Stay Connected Forbes Breaking News on X: https://x.com/ForbesTVNews Forbes Breaking News on TikTok: https://www.tiktok.com/@forbestvnews More From Forbes: http://forbes.com

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