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Guyana Seeks To Stop Venezuelan Vote On Disputed Oil-Rich Area
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 14, 2023, 11:30 AM CST Guyana asked on Tuesday the International Court of Justice to order Venezuela to stop a planned referendum on a potentially oil-rich territory which the two neighbors have disputed for over a century. The dispute between Venezuela and Guyana regarding…
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Guyana to pump 1.2 million barrels of crude oil per day by 2027
Guyana is expected to pump 1.2 million barrels of crude oil per day by 2027, surpassing many OPEC members, driven by Exxon’s development of the Stabroek Block. The high-quality light sweet crude oil, low break-even prices, and successful exploration campaigns are attracting immense international interest in Guyana’s oil sector. The interest is being driven by…