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The next battleground? Oil production is expected to increase to over one million barrels a day, thanks to several deepwater discoveries in recent years. The obvious market for this crude is US gulf coast refiners.
I worked and lived in Trinidad in the mid 1990s and the Venezuelans frequently harassed our operations in the Gulf of Paria.
I worked and lived in Trinidad in the mid 1990s and the Venezuelans frequently harassed our operations in the Gulf of Paria.
Venezuela moves “substantial” troops to Guyana border near oil-rich Essequibo region
Venezuela’s armed forces have moved “substantial quantities” of personnel and equipment near the disputed, oil-rich Essequibo region that’s controlled by Guyana, a Washington-based think tank reports, potentially escalating tensions ahead of presidential elections.
worldoil.com