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Oil Rich Region

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international-relations2 years ago•3 min saved

Tensions Rise as UN Holds Emergency Meeting on Venezuela's Claim to Oil-Rich Region in Guyana

The UN Security Council has scheduled an emergency closed meeting at the request of Guyana following Venezuela's referendum claiming the oil- and mineral-rich Essequibo region. Guyana accuses Venezuela of violating the UN Charter by attempting to take its territory, and the dispute has escalated since ExxonMobil found vast amounts of oil off Guyana's coast. Venezuela, which has the world's largest proven oil reserves, has always considered Essequibo as its own. Guyana's President accused Venezuela of defying a recent ruling by the International Court of Justice, and Venezuela called on Guyana to resume dialogue. Guyana has asked the Security Council to determine if the situation endangers international peace and security.

via The Associated Press|

#essequibo #guyana #international-relations

world2 years ago•5 min saved

"U.S. Supports Guyana in Oil-Rich Region Dispute with Venezuela"

The United States has announced joint military flight drills with Guyana amid escalating tensions over a disputed oil-rich region with neighboring Venezuela. The U.N. Security Council has called for an urgent meeting to discuss the border feud over the Essequibo region, which has been administered by Guyana for over a century but is also claimed by Venezuela. The U.S. military exercises are seen as a sign of Washington's concern over the threat posed by the authoritarian Venezuelan government. Both Guyana and the U.S. have called for a peaceful resolution to the dispute.

via CBS News|

#guyana #military-drills #oil-rich-region

world2 years ago•4 min saved

Venezuela's Annexation Threat Prompts Guyana's Defense and International Engagement

Guyana's President Irfaan Ali has stated that his country is taking necessary steps to protect itself from Venezuela, which has claimed the oil-rich Essequibo region as its own. Guyana is preparing to defend its borders and has reached out to allies and regional partners for support. While diplomacy is the first line of defense, Guyana is also preparing its military assets. The dispute escalated after Venezuela held a referendum claiming sovereignty over Essequibo, which Guyana considers a failure. Guyana expects to bring up the issue at the U.N. Security Council meeting.

via CBS News|

#border-dispute #diplomacy #guyana

international-relations2 years ago•3 min saved

Venezuela's Aggressive Actions in Guyana: Land Disputes and Resource Exploitation

Venezuelan President Nicolás Maduro has ordered the creation of a new state called "Guayana Esequiba" following a controversial referendum in which Venezuelan voters approved the annexation of land from neighboring Guyana. The disputed territory, the oil-rich Essequibo region, amounts to about two-thirds of Guyana's national territory. Guyana has called the move an "existential threat." Maduro also signed a decree creating the "High Commission for the Defense of Guayana Esequiba" and announced measures including the approval of oil, gas, and mining exploration licenses. The US State Department urged a peaceful resolution of the border dispute, emphasizing that the 1899 ruling should be respected.

via CNN|

#annexation #border-dispute #guyana

international-relations2 years ago•2 min saved

Venezuelans Approve Annexation of Oil-Rich Guyanese Territory

Venezuelans have voted overwhelmingly in favor of taking over the oil-rich Essequibo region in neighboring Guyana, escalating a long-standing territorial dispute between the two countries. The referendum, largely symbolic, asked voters if they agreed with creating a Venezuelan state in the disputed region. It is unclear how Venezuela's government will enforce its claim, but the move has been criticized by Guyana as a step towards annexation and an "existential threat." The International Court of Justice has ruled that Venezuela should refrain from taking any action to modify the current situation, and a trial on the issue is planned for the spring. The practical implications of the vote are expected to be minimal, but the escalating rhetoric has led to troop movements and raised tensions in the region.

via CNN|

#guyana #international-relations #oil-rich-region