Tag: oil reserves

China’s recently discovered Bozhong 26-6 200 million cubic meters of reserves

Ms. Cat

China’s National Offshore Oil Corporation (CNOOC) has announced that its Bozhong 26-6 oilfield has proven reserves of over 200 million cubic meters. Located in the southern waters of the Bohai Sea, if this figure is correct, it could make the oilfield the biggest metamorphic rock oilfield worldwide.

China’s recently discovered Bozhong 26-6 200 million cubic meters of reserves

How Cyprus is used to facilitate genocide

Ms. Cat
How Cyprus is used to facilitate genocide

Activists claim the UK and US use Cyprus as an “unsinkable warship” as recent conflicts in the Middle East spark renewed controversy over British military bases on the Mediterranean island.

UK ‘bases of death’ in Cyprus see controversy amid Middle East conflicts

Previously:

U.S. Spies Have ‘Wide Range’ of Facilities on UK’s Cyprus Base Near Gaza and Share Intelligence with Israel Daily

Guayana Esequiba: Geo-economics of an Occupation

Ms. Cat

An air of bonanza has raised the projections of the Exxon Mobil corporation, which accumulated around 414 billion dollars in 2022, an unprecedented income in its history, which represents 44.8% more than the previous year. It is a gigantic increase if compared to its crisis in 2020, when its losses put its place in the stock market in jeopardy. Also from the research of that American corporation, it is said that Guyana could become “the country that produces the most barrels of oil per inhabitant in the world, surpassing Kuwait, in that case, when measuring the wealth per capita of its 800 thousand inhabitants, it would become a rich country, since in 2021 its GDP increased by 57.8% and in 2022 by 37.2%”.

Guayana Esequiba: Geo-economics of an Occupation

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