Venezuelan President Nicolas Maduro has ordered the country’s oil companies to issue extraction licenses in oil-rich Essequibo, a region in neighboring Guyana—increasing tensions between the two countries and reigniting a longstanding territory dispute. The news comes after more than 95% of Venezuelan voters approved a referendum claiming ownership over land—which makes up more than two-thirds of Guyana— on Sunday, with plans to create a new state in the region, though some reports say that voters largely shunned the vote.

BING NEWS:
  • Venezuela troop build-up breaches international law, warns Guyana
    Guyana has accused ... the oil-and-mineral-rich Essequibo region, which makes up about two-thirds of Guyana’s territory but has long been claimed by Caracas. The move followed a December ...
    02/13/2024 - 11:00 am | View Link
  • Exxon’s Guyana Oil Drilling Plans Anger Venezuela
    ExxonMobil’s drilling plans offshore Guyana have angered Venezuela and risk escalating the dispute between the two South American neighbors over Venezuela’s claim on a large part of Guyana’s oil-rich ...
    02/11/2024 - 8:00 am | View Link
  • Venezuela's military is on the move again near eastern border, says Guyana govt
    Guyana’s reaction to the latest developments came hours after satellite images posted by the US Center for Strategic and International Studies showed Venezuela is extending its base on Ankoko Island, ...
    02/10/2024 - 4:44 am | View Link
  • Guyana says Venezuela's military is on the move again near their joint border
    Venezuela has been laying claim to the mineral-rich Essequibo region, which covers about two thirds of Guyana’s surface area. They condemned Venezuela for not abiding with the Argyle Agreement ...
    02/9/2024 - 7:40 pm | View Link
  • Guyana says Venezuela's military is on the move again near their joint border
    Foreign Minister Hugh Todd and Foreign Secretary Robert Persaud said Guyana is monitoring the situation across the river border. The two sides have feuded over border lines for decades. Venezuela has ...
    02/9/2024 - 12:08 pm | View Link
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