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☆ Is Guyana’s Oil a Blessing or a Curse?
▼ + stars: | 2024-03-30 | by ( Gaiutra Bahadur | Keisha Scarville | ) www.nytimes.com time to read: +1 min

Basjit Mahabir won’t let me in. I’m trying to persuade Mr. Mahabir to open the padlocked gate of the Wales Estate, where he guards the ramshackle remains of a factory surrounded by miles of fallow sugar cane fields. The growing and grinding of sugar on this plantation about 10 miles from Georgetown, Guyana’s capital, ended seven years ago, and parts of the complex, its weathered zinc walls the color of rust, have been sold for scrap. “My father used to manage the field lab.” Mr. Mahabir is friendly, but firm. Now the estate is slated to become part of Guyana’s latest boom, an oil rush that is reshaping the country’s future.

Persons: Basjit, Mahabir, “, ”, Mr, I’m Organizations: Wales Estate Locations: Georgetown, Guyana’s

☆ Haiti’s Leader, Under Growing Pressure, Says He Will Resign
▼ + stars: | 2024-03-11 | by ( Emiliano Rodríguez Mega | ) www.nytimes.com time to read: +1 min

Haiti’s prime minister, who has come under growing pressure to resign as gangs have overrun the country, said late Monday that he would step down once a transitional council had been established, to pave the way for the election of a new president and help restore stability. “The government that I lead will withdraw immediately after the installation of this council,” Prime Minister Ariel Henry said in a speech posted on social media. The government that I lead cannot remain insensitive to this situation.”But it was far from clear when Mr. Henry, who had been under growing pressure to step down both in Haiti and abroad, would actually do so. Leaders from Caribbean nations, who have led the push to create a transitional council, met for discussions in Jamaica on Monday but said no plan had been finalized. Guyana’s president, Mohamed Irfaan Ali, who leads Caricom, a union of 15 Caribbean countries, said that “we still have a long way to go.”

Persons: Haiti’s, Ariel Henry, Henry, Mohamed Irfaan Ali, ” Organizations: ”, Caricom Locations: Haiti, Caribbean, Jamaica

“Climate and conflict are two leading drivers of (our) global food crisis,” the secretary-general said. And in Myanmar, prospects of ending hunger have gone into reverse because of conflict and instability, he said. Simon Stiell, the United Nations climate chief, told the council that climate change is contributing to food insecurity and to conflict. Framework Convention on Climate Change said the Security Council “must acknowledge more can be done rather than hoping the problem will go away — which it won’t.”The U.N.’s most powerful body should be requesting regular updates on climate security risks, he said. But climate change, environmental and security pressures have led to increased tensions and competition between herders and farmers for scarce resources including water and land, she said.

Persons: Antonio Guterres, “, ”, Guterres, Simon Stiell, ” Stiell, Beth Bechdol, ” Bechdol, Bechdol, Mohamed Irfaan Ali, ” Ali, U.N, Vassily Nebenzia, Nebenzia Organizations: UNITED NATIONS, United Nations, ”, . Security Council, Security, Agriculture Organization Locations: Russia, “, Gaza, Syria, Myanmar, United, Food, Central Africa, Africa, Haiti, United States, Yugoslavia, Libya, Afghanistan, Iraq, Russian

CARACAS, Venezuela (AP) — The government of Venezuela accused neighboring Guayana Sunday of granting illegal oil exploration concessions in territory the two nations are disputing. The comments Sunday came after Guyana said Saturday that it has satellite imagery showing Venezuelan military movements near the South American country’s eastern border with Guyana. Venezuela has been laying claim to the mineral-rich Essequibo region, which covers about two thirds of Guyana’s surface area. But for more than 60 years Venezuela has accused the commission of cheating it out of the Essequibo region. Several top American administration and military officials have visited Guyana in recent weeks as a show of support.

Persons: Guayana, Vincent, Robert Persaud, Irfaan Ali, Nicolás Maduro Organizations: ”, ExxonMobil, Argyle, US Center for Strategic, International Studies, Venezuelan Locations: CARACAS, Venezuela, Guyana, Essequibo, Caribbean, St, Brazil, Punta Barima, Netherlands, U.S

GEORGETOWN, Guyana (AP) — ExxonMobil said it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies. The president of ExxonMobil Guyana, Alistair Routledge, told reporters that the concessions were granted by Guyana and that the company is committed to its operations despite the country’s ongoing tensions with Venezuela. In 2019, ExxonMobil was forced to abandon exploration activities after a Venezuelan military helicopter tried to land on a seismic vessel. The latest push by ExxonMobil comes as Guyana and Venezuela prepare to meet for a second time to try and diffuse the dispute over the Essequibo region. Essequibo is a mineral-rich territory that accounts for two-thirds of Guyana and lies near big offshore oil deposits.

Persons: Robert Persaud, Alistair Routledge, ” Organizations: ExxonMobil, Venezuelan, Associated Press Locations: GEORGETOWN, Guyana, America’s, Venezuela, Essequibo, ExxonMobil Guyana, Venezuelan, Texas, U.S

☆ Plush, Perfumed Pepperpot
▼ + stars: | 2024-01-28 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Two or three clicks on the laptop and the mail carrier soon brought me a few pounds of the Provel cheese necessary to make it. Today’s shopping: cassareep, a Guyanese syrup of boiled cassava root, savory-sweet, like a cross between molasses and Worcestershire sauce. It’s a crucial ingredient in one of Guyana’s most beloved dishes, pepperpot (above), which Millie Peartree brought to New York Times Cooking this week. Of course you can buy cassareep online, but if there’s a Caribbean market where you are, it’s most likely stocked there as well. Browned into beef chuck, it makes for a lovely stew: spicy, fragrant, slightly sweet and sticky.

Persons: Louis, Millie Peartree, there’s Organizations: The New York Times, Lambert, New York Times Locations: Guyanese, Worcestershire, Caribbean

GEORGETOWN, Guyana (AP) — A government commission in Guyana tasked with investigating a fire that killed 20 children at an Indigenous boarding school found multiple errors and systematic failures. The report also noted there was a lack of water supply and found “inadequacies” in the fire service and firefighting equipment. Nineteen students and the infant son of the dormitory manager died. At least 14 other students younger than 18 were rescued from the blazing, one-story building. Months after the fire, government officials said they would pay $25,000 to the parents of each of the children who died in the fire as part of a settlement.

Persons: Irfaan Ali, ”, Joseph Singh, Ali Organizations: ” Police Locations: GEORGETOWN, Guyana, Mahdia, Brazil, Brig

☆ Carbon Trading Opens Loophole in Paris Climate Accord
▼ + stars: | 2023-12-04 | by ( Matthew Dalton | ) www.wsj.com time to read: 1 min

When the South American nation of Guyana wanted to sell millions of carbon-offset credits to preserve its rainforests, government officials knew they had a problem: The country’s lush Amazonian forests were actually in good shape. Guyana’s rate of deforestation was already low, meaning its forests wouldn’t yield much under standard methodologies for calculating carbon credits. So its government chose a new method that allows a large adjustment for countries with healthy forests. The change raised the credits that Guyana could issue sixfold. Guyana sold 37.5 million of them last year to U.S. oil giant Hess for at least $750 million, and is now shopping the remaining two thirds to countries facing pressure to comply with the landmark Paris climate accord, officials say.

Persons: Hess Locations: American, Guyana, Paris

☆ Venezuela Covets Guyana’s Oil Fields
▼ + stars: | 2023-12-04 | by ( Mary Anastasia O Grady | ) www.wsj.com time to read: +1 min

Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O'Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. Ms. O'Grady received a bachelor's degree in English from Assumption College and an M.B.A. in financial management from Pace University.

Persons: Mary Anastasia O'Grady, O'Grady, O’Grady, Walter Judd, Ms, Thomas Jefferson Organizations: Liberty Fund, The Fund, American Studies, The Association of Private Enterprise Education, International, Network, World Bank, Inter American Press, Assumption College, Pace University Locations: Latin America, Canada, Brazil

☆ Venezuelans approve takeover of oil-rich region of Guyana in referendum
▼ + stars: | 2023-12-04 | by ( David Shortell | ) edition.cnn.com time to read: +4 min

CNN —Venezuelans voted by a wide margin Sunday to approve the takeover of an oil-rich region in neighboring Guyana – the latest escalation in a long-running territorial dispute between the two countries, fueled by the recent discovery of vast offshore energy resources. The area in question, the densely forested Essequibo region, amounts to about two-thirds of Guyana’s national territory and is roughly the size of Florida. Venezuela has long claimed the land, which it argues was within its borders during the Spanish colonial period. It dismisses an 1899 ruling by international arbitrators that set the current boundaries when Guyana was still a British colony, and Venezuelan President Nicolas Maduro has cast the referendum in anti-imperialist sentiment on social media. Still, the escalating rhetoric has prompted troop movements in the region and saber-rattling in both countries, drawing comparisons from Guyanese leaders to the Russian invasion of Ukraine.

Persons: Nicolas Maduro, Irfaan Ali, Robert Persaud, Maria Corina Machado, Maduro, ”, Phil Gunson Organizations: CNN, Guyana –, Venezuelan, Electoral Council, Guyanese, Court of Justice, International Crisis Locations: Guyana, Essequibo, Florida, Venezuelan, Venezuela, British, The Hague, Ukraine, Guyanese, Caracas

☆ A Venezuelan vote on an oil-rich region of Guyana raises concerns of a South American military conflict
▼ + stars: | 2023-12-01 | by ( David Shortell | ) edition.cnn.com time to read: +9 min

The area in question, the densely forested Essequibo region, amounts to about two-thirds of Guyana’s national territory and is roughly the size of Florida. The recent discovery of vast offshore oil fields in the region has heightened the stakes of the dispute. Venezuelans in Caracas take part in a rally during the closing of the campaign for the Essequibo referendum, on December 1. It owns the congress of Guyana,” Maduro told supporters last week. Matias Delacroix/APOn Wednesday, Brazil announced that it was increasing its military presence with “defensive actions” along its northern border with Venezuela and Guyana.

Persons: Nicolas Maduro, Miguel Gutierrez, Shutterstock, Robert Persaud, Venezuela doesn’t, Matias Delacroix, ” Maduro, Maria Corina Machado, Maduro, ”, Phil Gunson, Irfaan Ali, Paul J, Angelo, Wazim Mowla, Adrienne Arsht, Vladmir Putin’s, Bharrat Jagdeo, “, ” Jagdeo, ” Gunson Organizations: CNN, Quarterly, Court of Justice, UN, International Court of Justice, ExxonMobil, AP, International Crisis, Venezuelan, Foreign Relations, Caribbean Initiative, Atlantic, America, Crisis Locations: Guyana, Essequibo, Florida, Venezuela, British, Venezuelan, Caracas, Ukraine, Guyanese, The Hague, Guyana's, Paris, Guiana, Georgetown, AP Venezuela, ”, Demerara, Brazil, Crimea, that’s

☆ Guyana contractor in US probe leaves $300 million Exxon shore base project
▼ + stars: | 2023-10-04 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +4 min

Mohamed's decision to leave the consortium could reduce complications for the Texas-based company should U.S. authorities decide to levy sanctions on the pair or file an indictment. The construction of the shore base is part of Exxon’s efforts to expand oil production off Guyana’s coast, an important part of the company's growth plans. Following the Reuters report in July, Exxon had made an internal decision to remain neutral on the Mohameds, according to four sources with knowledge of the matter. Nazar was quoted in local media on Tuesday saying his decision to leave the consortium was based on religious beliefs. Reporting by Sabrina Valle; Editing by Richard Valdmanis, Richard Chang and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Nazar Mohamed, Azruddin, Mohamed's, Alistair Routledge, Mohamed, Exxon, Andron Alphonso, Nicholas Deygoo, Boyer, Jan De Nul, Nazar, Washington, “, ”, George McEachern, Sabrina Valle, Richard Valdmanis, Richard Chang, Aurora Ellis Organizations: Exxon, Exxon Mobil Corp, Reuters, Mohamed’s, NRG Holdings, Company, U.S, FBI, International Corruption, Thomson Locations: Guyana HOUSTON, American, Texas, U.S, United States, Venezuela, Guyana, Vreed, European

Sept 28 (Reuters) - U.S. oil producers Exxon Mobil (XOM.N) and Hess Corp (HES.N) have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results. The exit comes as the producers focus on their larger and highly productive Stabroek block, where more than 11 billion barrels of oil and gas have been discovered so far. The companies have transferred their stakes in the block to Ratio Guyana Limited and Cataleya Energy Limited, which originally held the exploration licenses, Exxon said. A consortium composed of Exxon, Hess and CNOOC Ltd (0883.HK) control all offshore production in Guyana through the Stabroek block. Exxon and Hess were among oil companies that submitted bids in an auction for 14 other oil and gas exploration blocks.

Persons: Exxon, Hess, Kiana Wilburg, Sabrina Valle, Chris Reese, Leslie Adler Organizations: Exxon Mobil, Hess Corp, Exxon, Guyana, Cataleya Energy, Hess, CNOOC Ltd, Qatar Energy, Thomson Locations: deepwaters, HK, Guyana, Stabroek, Georgetown, Houston

☆ U.S. probing Exxon contractor in Guyana for smuggling drugs, gold
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +6 min

Now, U.S. officials are considering imposing sanctions on the Mohameds, according to four of the sources and two additional people familiar with the matter. The construction of the shore base is part of Exxon’s efforts to expand oil production off Guyana’s coast. The companies plan to expand output to 1.2 million bpd by 2027, a massive haul that would make Guyana’s production higher than what many OPEC nations, including neighboring Venezuela, produce today. Guyana is Exxon’s top bet for global oil production growth outside of the United States. Neither Hess nor CNOOC responded to requests for comment on the investigations into the Mohameds or the government’s meetings with Exxon.

Persons: Nazar Mohamed, Washington, Mohamed, Irfaan Ali, ”, ” Nazar Mohamed, Azruddin Mohamed, “, Alistair Routledge, Hess, CNOOC Organizations: Guyana U.S, Exxon Mobil, Reuters, Exxon, Mohamed’s Enterprise, Drug Enforcement Administration, Federal Bureau of Investigation, Department of Homeland Security, Russian, FBI, DEA, Homeland Security, U.S, Routledge, The U.S, China National Offshore Oil Corporation Locations: GEORGETOWN, Guyana, U.S, The Texas, Venezuela, United States, Europe, Georgetown, China

☆ Peak oil is another reason to shun OPEC club
▼ + stars: | 2023-06-26 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

The group known as OPEC+, which includes the organization’s 13 oil-producing members as well as allied nations like Russia, produces over 40% of the world’s oil. Guyana’s recoverable reserves of around 11 billion barrels in that field alone make it an obvious candidate to join OPEC. Non-OPEC oil nations, such as the United States, Brazil and Canada, are growing production. Even OPEC+ members aren’t united in their desire to prioritize price over production. OPEC+, which comprises the cartel’s 13 oil-producing states and ten other allied nations such as Russia, represents over 40% of the world’s oil production.

Persons: Groucho Marx, It’s, aren’t, Abdulaziz bin Salman, Haitham, Bharrat Jagdeo, Hess, Peter Thal Larsen, Oliver Taslic Organizations: YORK, Reuters, Organization of, Petroleum, Wall Street, Exxon Mobil, International Energy Agency, OPEC, United Arab Emirates, Cooperation, Saudi Energy, Wall Street Journal, Exxon, Thomson Locations: Guyana, OPEC, Russia, United States, Brazil, Canada, Nigeria, Saudi Arabia

☆ World Court says it can rule on Guyana-Venezuela border dispute
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

THE HAGUE, April 6 (Reuters) - Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to offshore oil and gas fields. Guyana asked the ICJ, also known as the World Court, in 2018 to confirm that the border was laid down in an 1899 arbitration between Venezuela and the then-colony of British Guiana. The court "by 14 votes to 1, rejects the preliminary objection raised by the Bolivarian Republic of Venezuela," said presiding judge Joan Donoghue, while reading the decision. Venezuela does not want the ICJ to rule and instead insists on a bilateral negotiated solution to determine the course of the land border, which may ultimately determine which country has rights to certain offshore oil and gas fields. Offshore oil discoveries in recent years have given Guyana, which has no history of oil production, the potential to become one of the largest producers in Latin America.

☆ Fact Check-Video of alleged assault on priest is from Guyana in 2020, not France
▼ + stars: | 2023-03-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A video showing a man appearing to assault a priest in a church is from an incident in Georgetown, Guyana in 2020, not in France as has been claimed online. The footage was posted on Twitter with the caption: “France: black ‘refugee’ interrupts Mass, assaults priest, and steals the Holy Bible #BlackLivesMatter” (archive.is/1M5AS)Iterations of the claim were also seen on Facebook: (here) and (here). Reuters Fact Check has previously debunked claims circulating in Portuguese that the same video shows an incident in France (here ). Reuters has previously debunked claims that migrants were engaged in a brawl on the streets of Wicklow, Ireland (here)VERDICTMiscaptioned. The video is an old clip dating to 2020 in Guyana, not France, as claimed online.

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