Page 36 - Stabroek News Today

Presidents Irfaan Ali of Guyana and Nicolas Maduro of Venezuela met on Thursday in Saint Vincent and the Grenadines, as tensions mount over the Essequibo territory.

President of Guyana Irfaan Ali has strongly objected to statements attributed to Venezuelan President Nicolas Maduro that their talks ­today will “directly” address the territorial dispute between their two countries.

Brazil’s decision to join OPEC+ highlights just how large a player the country is on the world stage, with its soaring oil production threatening the consortium’s control of oil markets.

The resurgence of the Venezuela-Guyana border dispute, driven in part by energy discoveries, could present a geopolitical opportunity for major powers in the region.

Venezuela President Nicolás Maduro has recently announced his plans to annex a vast region of Guyana called Essequibo covering roughly two-thirds of the neighboring nation’s territory.

(Bloomberg) -- Venezuela and Guyana have disagreed over their common border for well over a century. That disagreement has grown far more tense since large deposits of oil were found in the contested Essequibo region. In early December, Venezuelan President Nicolás Maduro announced plans to annex the Essequibo, covering roughly two-thirds of Guyana’s territory. A few days later, Maduro and Guyana’s president, Irfaan Ali, met and agreed not to use force to resolve the dispute. ...

Guyana's President, Dr. Irfaan Ali, has written to St. Vincent Prime Minister, Dr. Ralph Gonsalves, to rectify many inco

On October 18, the Biden administration unveiled the landmark Barbados agreement signed in conjunction with the Venezuelan government and opposition. The agreement authorises six-month licenses for oil and gas transactions, dealings with Venezuela’s state-run gold mining firm, Minerven, plus the lifting of a trading ban on certain sovereign bonds, equity, and debt from Venezuela’s state oil-firm, PDVSA. In exchange, Caracas agreed to lift bans on opposition candidates, allow foreig...

Venezuelas President Maduro has intensified the long-standing dispute with Guyana over the Essequibo region, fueled by a desire to distract from domestic troubles and exploit oil discoveries.

The administration only has itself to blame for emboldening regional instability between Venezuela and Guyana