A Brazilian meatpacking family just bought their way into one of the world's biggest oil reserves.
Not with cattle. Not with chicken.
With crude.
Meet Joesley and Wesley Batista — the brothers behind JBS, the world's largest meat company.
Their energy arm, Fluxus Oil, Gas & Energy, just quietly acquired A&B Oil and Gas.
That single move handed them a 49% stake in Petrolera Roraima, a joint venture with Venezuela's state oil giant PDVSA.
Stay with me. This isn't just an oil deal.
Venezuela sits on some of the largest oil reserves on Earth.
But decades of sanctions and mismanagement gutted it.
Now, with acting President Delcy Rodríguez backed by the Trump administration and sanctions easing, the vault is creaking back open.
And wildcatters are rushing in.
This isn't a random bet.
Joesley Batista has met Trump directly.
He reportedly pushed Maduro to step aside before US forces captured him in January.
His US meat subsidiary, Pilgrim's Pride, was the biggest donor to Trump's inaugural committee.
Connections aren't accidental here. They're the strategy.
The plan for Petrororaima?
👉 Quadruple daily production to 120,000 barrels within five years.
That's up from a mere quarter of that today.
This is now the third Venezuela oil deal to surface in a single week.
Lionheart Capital. Pacific Coast Energy. Now Fluxus.
More are expected before a July 28 regulatory deadline.
And the Batistas aren't stopping at oil — they're eyeing mining and power assets too, even after last month's devastating earthquakes rattled the coast.
A family that built an empire on meat is now betting on barrels.
Because when a country reopens after decades in the cold, the money doesn't wait for certainty.
It arrives with the politics already sorted.
That's all for now!
