All articles tagged with #guyana
Venezuela’s interim president Delcy Rodríguez will present the country’s claim to the mineral-rich Essequibo region before the International Court of Justice in The Hague, as part of a long-running border dispute with Guyana, with a week of hearings underway in May 2026.
Venezuela told the International Court of Justice in The Hague that the mineral-rich Essequibo region in Guyana was fraudulently taken during the colonial era and urged a verdict to settle a border dispute dating to the late 19th century.
Guyana and Venezuela have revived their case at the International Court of Justice to pursue a binding, peaceful resolution to the long-running Essequibo border dispute, signaling renewed efforts to demarcate the frontier and ease tensions between the two nations.
ExxonMobil topped Q1 estimates with adjusted earnings of $4.9 billion ($1.16 per share) as higher oil prices boosted profits even though output fell about 6% quarter-over-quarter to 4.6 million oil-equivalent barrels per day due to Middle East disruptions and maintenance. Revenue rose to $85.14 billion, aided by strong refining and trading, with a quarterly Guyana production record (>900,000 gross bpd) helping offset weaker Middle East volumes. The company highlighted gains from outside the region via Guyana and the Permian while noting hedging losses of about $700 million tied to Middle East disruptions.
At a Grenada press conference with the Caribbean nation’s leader, Venezuela’s acting president Delcy Rodríguez wore a controversial pin that drew a reaction from Guyana amid long-running disputes over the Essequibo region, highlighting ongoing diplomatic strains as regional leaders meet.
A 2023 Landsat-8 image captures the moment when Guyana’s Cuyuni, Mazaruni and Essequibo rivers converge near Bartica to form a large waterway with a striking color split. The lighter Cuyuni carries more suspended sediment, while the Mazaruni and Essequibo are darker due to tannins from vegetation decay; the different densities of the river waters slow mixing at the junction, creating the half-and-half effect that reflects both the country’s geology (the Guiana Shield) and upstream mining impacts.
Guyana's President Irfaan Ali was sworn in for a second term after his electoral victory was confirmed, promising to diversify the economy beyond oil revenues and continue investments in social infrastructure and exploration.
Guyanese President Irfaan Ali has claimed a second term after his party, PPP, secured a majority in the election, with the country benefiting from its vast oil reserves amid regional tensions with Venezuela over territorial claims.
Decades after the Jonestown massacre, a new tour allows visitors to visit the site, sparking debate over whether it serves educational purposes or exploits tragedy, with mixed reactions from locals and survivors.
The site of the Jonestown massacre in Guyana is opening to tourists through a new tour, sparking controversy as survivors and locals debate whether revisiting this tragic event serves educational purposes or commodifies suffering. The tour aims to educate about manipulation and cult dangers, but critics see it as a money grab, while some residents prefer to move on from the dark history.
The Guyana Police Force is investigating a suspicious vehicle incident where a man in a heavily tinted silver car attempted to lure two Marian Academy students with candy. The students, who were approached near the school's Primary waiting area, declined the offer and reported the incident to school authorities, providing the car's license plate number. This has raised safety concerns among parents and staff.
Hess shareholders have approved a $53 billion sale of the company to Chevron, which includes a valuable stake in an Exxon Mobil-led oil project in Guyana. However, the deal faces legal challenges as Exxon contests the sale, arguing it has the right to buy Hess's stake. The dispute is currently in arbitration, and a decision may not come until next year.
Hess shareholders have approved a $53 billion merger with Chevron, allowing the latter to gain significant assets in Guyana. The deal still requires regulatory approval and must resolve an arbitration dispute with Exxon and CNOOC, who claim a right of first refusal on Hess's Guyana assets. The merger is expected to provide Chevron with strategic growth opportunities and mitigate geopolitical risks.
Hess Corporation shareholders approved a $53 billion acquisition by Chevron, despite a dispute with Exxon Mobil over Hess' assets in Guyana. The deal's completion is uncertain due to arbitration proceedings initiated by Exxon, which claims a right of first refusal under a joint operating agreement. The merger, originally expected to close in early 2024, faces delays and scrutiny from the Federal Trade Commission.
Guyana's president has expressed support for Chevron's proposal to invest in a $150 billion oil project in the country, highlighting the potential economic benefits and growth opportunities for Guyana's energy sector.