Tag: Exxon Guyana

• Monday, July 4th 2016 - 09:56 UTC

  Exxon-Mobil-Hess confirm that off Guyana coast oil discovery is largest in two years

  

  ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, in the north of South America and bordering with Venezuela, is a discovery that is much larger than previously expected.

• Monday, October 19th 2015 - 09:53 UTC

  Guyana beefs up reserves to protect country from Venezuela and Suriname

  

  Against the background of what he said were continued territorial threats from both Venezuela and Suriname, Guyana President David Granger has announced a Total National Defense Policy.

• Wednesday, September 16th 2015 - 08:57 UTC

  Guyana asks Google to remove Spanish names from Essequibo region which Venezuela claims

  

  Unasur (Union of South American Nations) member Guyana is asking Google to remove certain street names near its disputed shared border with Venezuela, Guyana's foreign minister announced. The names, in Spanish, seem to suggest they are part of Venezuela, Carl Greenidge said.

• Tuesday, August 4th 2015 - 05:49 UTC

  ExxonMobil rig concludes exploration offshore Guyana: resumes seismic studies

  

  An ExxonMobil rig that re-ignited a maritime boundary dispute between Guyana and Venezuela has now left the area, a Guyanese official said on Monday, but denying it was because of Venezuelan pressure.

• Monday, July 27th 2015 - 05:20 UTC

  Guyana warns in Washington about the Venezuelan threat to its territory

  

  Guyana's territorial dispute with neighboring Venezuela represents a threat to its very survival, President David Granger warned Friday in Washington. After a recent offshore oil find, the row between the two countries has escalated, with Venezuela laying claim to a huge swathe of Guyana's territory.

• Friday, July 24th 2015 - 09:38 UTC

  ExxonMobil find in Guyana's waters could be worth 12 times the country's GDP

  

  The Exxon Mobil oil find in Guyana, which has triggered a strong reaction from neighboring Venezuela could be worth 12 times more than that nation’s GDP. In effect according to a Guyanese minister, the find at Liza-1well in offshore Guyana could be worth about $40 billion at current international crude prices.

• Wednesday, July 15th 2015 - 07:34 UTC

  Guyanese president Granger will attend Mercosur summit in Brasilia

  

  Guyanese President David Granger and Foreign Minister Carl Greenidge plan to attend the biannual Mercosur summit in Brasilia later this next, a Foreign Ministry spokesman confirmed to the Spanish news agency EFE.

• Tuesday, July 7th 2015 - 07:48 UTC

  Caricom supports Guyana in border dispute with Venezuela, but there's also Petro Caribe

  

  The chairman of a 15-member Caribbean trade bloc said over the weekend that he backs Guyana's government amid an escalating border dispute with neighboring Venezuela. Freundel Stuart spoke at a press conference as Caricom leaders ended a three-day summit in Barbados.

• Tuesday, July 7th 2015 - 07:40 UTC

  Maduro recalls ambassador in Guyana: “Venezuela in under new forms of assault and aggression”

  

  President Nicolas Maduro announced Monday that he was recalling Venezuela's ambassador in neighboring Guyana for consultation amid mounting tensions over their disputed border. During an address to parliament, Maduro said that he also is initiating a comprehensive review of relations with much smaller Guyana and reducing the size of Venezuela's embassy there.

• Thursday, June 25th 2015 - 07:22 UTC

  Guyana gives assurances to Exxon to keep exploring for oil, despite Venezuela's threats

  

  Venezuela’s recent claim on Guyana’s maritime territory is a “legal absurdity” and US oil firm ExxonMobil will continue to work as scheduled, President David Granger has said. Labeling Caracas’ claim as the worst intrusion the country has ever had on its sovereignty, the President said his government has made its position on the claim by Venezuela clear to the oil company.