Tag: Energy


Venezuela annexes part of Guyana

Venezuela annexes oil-rich parts of Guyana

Centuries Old Territorial Dispute Flames Up  eyesonsuriname Amsterdam, 22 March 2024 — Venezuela’s National Assembly Thursday passed a law creating a new region in the oil-rich Essequibo territory under Guyanese control since the late 1800s on which Caracas claims sovereignty. The Venezuelan Parliament unanimously approved the creation of the state of Guayana Esequiba, which is…
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Hess Signs $750M REDD+ Carbon Credits Deal with Guyana

Hess Corporation, an American company, has made an agreement with Guyana to purchase REDD+ carbon credits worth $750 million over the next ten years. This deal aims to provide support for the protection of Guyana’s Amazonian rainforests. Hess Corporation is an internationally recognized energy company with a focus on the exploration and extraction of crude…
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