Venezuela has rejected the decision made by the United Nations to refer the border controversy with Guyana to the International Court of Justice (ICJ). “The Government of the Bolivarian Republic of Venezuela, faithful to its historical tradition and in accordance with the Bolivarian Diplomacy of Peace, reiterates its firm disposition to defend the territorial integrity of our Homeland and maintain political negotiation based on the 1966 Geneva Accord, as the only way to reach a peaceful solution, practical and satisfactory for both parties and in favor of our Peoples,” the Venezuelan government said in a statement on Wednesday.
United Nations Secretary-General, António Guterres has referred the Guyana/Venezuela border controversy to the International Court of Justice (ICJ). In a statement which was published on the UN’s website on Tuesday, Stéphane Dujarric, spokesman for the Secretary-General stated that Mr Guterres has fulfilled the responsibility that has fallen to him within the framework set by his predecessor in December 2016, and has chosen the International Court of Justice as the means to be used for the solution of the controversy.
Falkland Islands lawmaker MLA Ian Hansen made on Wednesday a courtesy call on Guyana's Minister of State Joseph Harmon at his office in the Ministry of Presidency, in Georgetown, the country's capital.
For the sixth time Exxon and partners at the Stabroek block offshore Guyana are celebrating another major find in northern South American waters. In effect, Ranger-1 exploration well, the sixth find since discovering Liza in 2015, hit approximately 70m of high-quality, oil-bearing carbonate reservoirs some 60mi northwest of the Liza development.
Brazil maintains that the settlement of the Guyana/Venezuela Border is final and must be respected, according to the country's Foreign Minister Carl Greenidge. Following his attendance at the recently concluded Mercosur Summit held in Brazil, Greenidge said Brasilia has been updated on Venezuela’s contention that the 1899 Award is null and void, and remains resolute to its original position.
Exxon Mobil Corp. has discovered more oil on the Staborek block offshore Guyana, northeast South America, with the Turbot-1 well. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Turbot-1 well on Aug. 14, 2017, and encountered a reservoir of 23 m of high-quality, oil-bearing sandstone in the primary objective.
United States oil giant Exxon Mobil Corporation is moving full steam ahead with plans to transform Guyana, in the north of South America, into a major oil producer. In what industry experts call a rare occurrence in the industry, Exxon Mobil has asked the David Granger administration for a production license to start pumping oil from the country’s seabed, less than five years after it discovered major oil finds.
The Guyana government intends to establish an onshore oil and gas facility in the country as it seeks to fully optimize opportunities in petroleum exploration and production. The Ministry of Natural Resources, working in conjunction with the Ministries of Public Infrastructure and Business, says it believes that this facility is critical and said it is part of the raft of measures intended to ensure that Guyana keeps on the right trajectory in the development of the oil and gas industry.
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.
Falklands' lawmaker Ian Hansen currently visiting Guyana met with President David Granger to familiarize himself with local politics and secure Georgetown's views on the Islands' right to self determination.