EconomyLens.com
No Result
View All Result
Thursday, October 30, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Venezuela vows ‘forceful’ response if oil drilling begins in disputed zone

Thomas Barnes by Thomas Barnes
February 9, 2024
in Other
Reading Time: 3 mins read
A A
9
19
SHARES
237
VIEWS
Share on FacebookShare on Twitter

Caracas (AFP) – Venezuela on Thursday vowed a “forceful response” if oil drilling begins in contested waters off neighboring Guyana, as announced by US oil giant ExxonMobil this week.

Caracas has long claimed the region of Essequibo — which makes up about two-thirds of Guyana’s territory — but has amped up its rhetoric since its neighbor began issuing licenses for oil companies to operate there.

Venezuelan Defense Minister Vladimir Padrino wrote on X that while ExxonMobil may have the protection of the United States and Guyana, “in the maritime space that rightfully belongs to Venezuela, they will receive a proportional, forceful response that adheres to the law.”

Related

Stocks diverge as investors digest Trump-Xi talks, earnings

UN climate fund posts record year as chief defends loans

No GDP data released as US shutdown bites

Universal says struck first licensing deal for AI music

Italy court stalls Sicily bridge, triggers PM fury

ExxonMobil — which discovered the massive crude reserves off Guyana in 2015 — announced Tuesday that it plans to drill two exploratory wells this year off the coast of Essequibo, which has been administered by Guyana for more than a century.

In December, Venezuelan President Nicolas Maduro called a controversial non-binding referendum that overwhelmingly approved the creation of a Venezuelan province in Essequibo, sparking fears of a military conflict in largely peaceful South America.

Tensions were further inflamed when Britain sent a warship to the area, prompting Maduro to mobilize 5,600 troops in military exercises near the border.

However tensions lowered after a meeting between the countries’ foreign ministers in Brazil in January, following earlier face-to-face talks between Maduro and Guyana President Irfaan Ali, who agreed not to resort to force.

The border dispute is currently before the International Criminal Court (ICJ) in The Hague.

On Wednesday, Venezuela’s Vice President Delcy Rodriguez accused ExxonMobil of seeking “to protect its illicit operations in a sea which is pending delimitation, under the war-mongering mantle of the United States in complicity with Guyana.”

Tags: Guyanaoil drillingVenezuela
Share8Tweet5Share1Pin2Send
Previous Post

Google goes big on ChatGPT-style chatbot

Next Post

Chinese consumer prices suffer quickest drop in 14 years

Thomas Barnes

Thomas Barnes

Related Posts

Other

‘Significant’ Xi, Trump talks win cautious optimism in China

October 30, 2025
Other

Asia markets fluctuate as investors examine Trump-Xi talks

October 30, 2025
Other

Trump, Xi ease fight on tariffs, rare earths

October 30, 2025
Other

Fentanyl, beans and Ukraine: takeaways from Trump-Xi’s ‘great meeting’

October 30, 2025
Other

G7 to launch ‘alliance’ countering China’s critical mineral dominance

October 30, 2025
Other

Trump, Xi talks wrap up with outcome unclear

October 29, 2025
Next Post

Chinese consumer prices suffer quickest drop in 14 years

U.S. stock markets hover near record highs on positive earnings

US banking system 'well-capitalized' despite risks: Yellen

Meta removes Instagram, Facebook accounts of Iran's Khamenei

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
9 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Stocks diverge as investors digest Trump-Xi talks, earnings

October 30, 2025

UN climate fund posts record year as chief defends loans

October 30, 2025

ECB holds rates steady with eurozone more resilient

October 30, 2025

Shares in Jeep-maker Stellantis slump despite rising sales

October 30, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.