Tag: energy security

US, int’l community must continue to back Guyana’s sovereignty- Energy Conference hears + more

Ms. Cat

Hundreds of stakeholders gathered in Kingston, Georgetown for the first day of this year’s Guyana Energy Conference and Supply Chain Expo on Monday.

And as the conference opened with rousing presentations on Guyana’s exciting economic prospects, there were calls for the United States of America and the wider international community to continue supporting the country’s sovereignty.

US, int’l community must continue to back Guyana’s sovereignty- Energy Conference hears

Related:

Mike Pompeo, Hudson Institute: Joe Biden Can’t Show Weakness on Guyana

Hudson Institute – Department of Defense, InfluenceWatch, SourceWatch, Tax Filings, Wikipedia, WikiSpooks

Lima Group 2.0: Right-Wing Latin American Ex-Presidents Demand US Interventionism in Venezuela (Atlas Network)

Cuba, Nicaragua, and Venezuela will be targeted again for regime change by the CIA front, NED.

ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements

Ms. Cat

ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements

With an annual total capital expenditure and exploration expense projection ranging between US$23 billion to US$25 billion, ExxonMobil is set to allocate US$22-$27 billion annually toward project spending until 2027. This includes a commitment to emerging ventures in lithium and low-carbon initiatives, with an 18% increase in spending in these areas.

Emphasizing its dedication to the energy transition, ExxonMobil’s Low Carbon Solutions division is expected to witness an increase in budget from US$17 billion to US$20 billion between 2022 and 2027, contingent upon government support.

The company plans to ramp up annual share buybacks to $20 billion by 2025, an increase from the current US$17.5 billion, following the completion of the Pioneer merger. Additionally, ExxonMobil continues its divestment strategy for refining operations.

Related:

US Strategic Oil Reserve Refill Is Limited Despite Low Prices

World Court orders Venezuela to refrain from action in border dispute with Guyana + More

Ms. Cat

World Court orders Venezuela to refrain from action in border dispute with Guyana

Friday’s ruling is the latest development in the larger border dispute. The ICJ said in April it had jurisdiction over the case, but a final ruling could be years away.

Interestingly, Judge Joan Donoghue used to work for the US State Department. 🤔

Related:

Essequibo and Other Border Issues: Venezuela’s Territorial Losses to Imperialist Powers Through the Centuries (Part 1)

Previous posts on Venezuela v Guyana

Opposition NGO warns Essequibo question might end up in war between Venezuela and Guyana + More

Ms. Cat

Control Ciudadano (Social Watch – CC) Chairwoman Rocío San Miguel said Guyanese President Irfaan Alí’s recent statements regarding the military support of several countries to defend the Essequibo amounted to a “very strong warning for Venezuela,” which will hold a referendum on the matter on Dec. 3.

NGO warns Essequibo question might end up in war between Venezuela and Guyana

Rocío San Miguel is Venezuelan Opposition.

Related:

US Defense officials to visit Guyana amid Venezuela row: Guyanese VP

Both nations claim the 160,000-square-kilometer (62,000-square-mile) region, in a dispute that has intensified since ExxonMobil discovered oil there in 2015.

Another major discovery in Essequibo in October added further to Guyana’s reserves, making them greater than those of Kuwait or the United Arab Emirates.

US Escalates Essequibo Dispute by Militarizing Guyana

Venezuela: Maduro Warns of ExxonMobil Interference Ahead of ‘Historical’ Essequibo Strip Vote

For historical context: The Secret Agenda Behind the Venezuela-Guyana Conflict