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Venezuela demands Guyana to halt Exxon Mobils offshore oil exploration

2015-06-12 01:00:00| Offshore Technology

Venezuela has demanded that Guyana stop offshore oil exploration being carried out by US-based Exxon Mobil near the disputed Essequibo river.

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Venezuela demands Guyana halt 'imperial' oil exploration

2015-06-10 05:07:40| Chemicals - Topix.net

Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is unfairly exploiting a disputed territory that must be negotiated through a mechanism created via a 1966 treaty signed in Geneva.

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Venezuela demands Guyana halt 'imperial' oil exploration

2015-06-10 04:42:58| Oil & Gas - Topix.net

Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is unfairly exploiting a disputed territory that must be negotiated through a mechanism created via a 1966 treaty signed in Geneva.

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Venezuela and Rosneft agree oil deal

2015-05-28 17:35:08| BBC News | Business | UK Edition

Venezuela and Russian oil giant Rosneft agree to invest $14bn (9.2) in Venezuela's oil and gas sector, Venezuelan leader Nicolas Maduro says.

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Will Oil Price Drop Assure Venezuela Default?

2014-10-16 23:36:42| Footwear - Topix.net

Oil accounts for 95% of Venezuela's exports and the nation has the globe's largest oil reserves - more than Saudi Arabia. So with oil accounting for most of Venezuela's exports, and the international oil price benchmark dropping roughly $30 per barrel to a recent $83.45, Venezuela's state revenue is shrinking.

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