Page 53 - Pdvsa News Today

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.

The U.S. military conducted flight operations within Guyana on Thursday amid growing concern that Venezuela could invade its eastern neighbor.

Venezuelan President Nicolas Maduro has ordered state-owned oil, gas and mining companies to “immediately” begin operations in a wide territory controlled by neighboring Guyana. Maduro issued the order Tuesday, two days after Venezuleans voted overwhelmingly to approve a referendum that would annex the 160,000-square kilometer Essequibo region. Maduro ordered state-owned oil giant PDVSA and mining…

"Explore the unfolding geopolitical tensions as Venezuelan President Maduro orders immediate oil, gas, and mining exploitation in Guyana's disputed Essequibo region, following a victory in a sovereignty referendum. Learn about the territorial dispute, international implications, and the pursuit of resources in this dynamic situation."

Many experts have argued that it was intended to whip up nationalistic support ahead of presidential elections in 2024.

CARICOM has convened an emergency meeting of the Heads of Government to discuss the Venezuela-Guyana border dispute amidst the increase in tensions triggered by the actions of Venezuela’s President Nicolas

Venezuela’s president ordered the creation of a new state called “Guayana Esequiba” on Tuesday, following a controversial Sunday referendum which saw Venezuelan voters approving the annexation of land from neighboring Guyana.

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