Exxon Mobil and Other US Oil Majors Defy Venezuelan Dictator Maduro’s Orders To Withdraw From Guyana’s Essequibo Area – Companies Move ‘Aggressively’ With Production Plans
Big Oil is doubling down on Essequibo.
While Latin America braces itself for the possibility of war between Venezuela and Guyana over the oil-rich Essequibo region, the major US companies operating in Guyana’s waters are “moving ahead aggressively” with production.
The plans are being followed despite Venezuela’s threats to take over the region, in an escalating border conflict.
Bloomberg reported:
“Speaking from Georgetown, Ali said Guyana’s troops are prepared to defend the nation’s territory after Venezuela’s Nicolas Maduro revived a long-dormant dispute over the Essequibo,