Brazil billionaire Batista shuttles between DC and Caracas, eyeing oil deals

John B Sanfilippo & Son

14/01/2026 15:41

Adds details of Batista holdings, political connections

By Luciana Magalhaes

SAO PAULO, Jan 14 (Reuters) - Brazilian billionaire Joesley Batista met with Venezuela's interim President Delcy Rodriguez on Friday, before and after he met in  Washington with U.S. officials, whom he reassured that she seems ready to open her nation's oil and gas industry to investment, a person familiar with the matter told Reuters.

The Batista family's energy firm Fluxus, which has consolidated South American assets since they acquired it in 2023, is evaluating business opportunities in Venezuela, the source said, speaking on condition of anonymity.

Fluxus and Batista holding company J&F declined to comment.

The shuttle diplomacy by the billionaire, whose family's meatpacker JBS JBSS.O has a major U.S. footprint and has done business in Venezuela, underscores his access in Washington and capitals across the Americas.

 His meeting with President Donald Trump in September helped to
thaw U.S. relations with Brasilia
, Reuters reported at the time. Within weeks, Trump was touting his "excellent chemistry" with Brazilian President Luiz Inacio Lula da Silva and within months he dropped steep U.S. tariffs on many Brazilian goods, including
beef and coffee
.

 Batista's trip to Caracas on Friday, first reported by CNN Brazil, followed a visit in November with then-President Nicolas Maduro, according to two people familiar with the matter. Maduro was detained in a U.S. military operation this month to
stand trial on drug trafficking charges
.

 This time, Batista took a private plane from Washington to Caracas to meet Rodriguez, and found Maduro's former vice president willing to open the energy sector and uphold commitments to the United States, the source said. Batista flew back to Washington and relayed the information to officials there.

(Reporting by Luciana Magalhaes
Editing by Brad Haynes and Chizu Nomiyama)

((brad.c.haynes@tr.com; +55 11 5644 7725;))