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World / Wed, 02 Sep 2026 BBC

Who is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal?

Venezuelan journalist Alek Boyd, who has been tracking Betancourt since 2011, said that the businessman became a close school friend of Javier Alvarado Pardi, the son of the man who would later become president of Electricidad de Caracas, vice-minister of energy, and an executive at Petróleos de Venezuela (PDVSA) – the state-run oil company.

Venezuelan journalist Alek Boyd, who has been tracking Betancourt since 2011, said that the businessman became a close school friend of Javier Alvarado Pardi, the son of the man who would later become president of Electricidad de Caracas, vice-minister of energy, and an executive at Petróleos de Venezuela (PDVSA) – the state-run oil company.

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