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The long-standing territorial dispute over the Essequibo region escalated into a crisis in 2023. The region is controlled by Guyana but is claimed by Venezuela.The dispute dates back many years and the current border was established by the Paris Arbitral Award in 1899.
January 4 – Canadian company New Stratus Energy Inc. bought a 50% indirect stake in GoldPillar International Fund SPC Ltd., a private fund from the British Virgin Islands, which went on to acquire a 40% equity stake in the company joint venture Petrolera Vencupet S.A., which owns the production rights to the Adas, Lido, Limón, Leona, Oficina Norte and Oficina Central fields, all located in ...
The Guyana–Venezuela territorial dispute is an ongoing territorial dispute between Guyana and Venezuela over the Essequibo region, also known as Esequibo or Guayana Esequiba in Spanish (Spanish pronunciation: [ɡwaˈʝana eseˈkiβa] ⓘ), [1] a 159,500 km 2 (61,600 sq mi) area west of the Essequibo River.
The referendum consisted of five questions concerning various aspects of Venezuela's claim to territory controlled and administered by Guyana, including rejection of the International Court of Justice's jurisdiction over the dispute, the establishment of a Guayana Esequiba state, and granting its population immediate Venezuelan citizenship. [2]
The disputed area is called "Guayana Esequiba" by Venezuela. A border commission was set up in 1966 with representatives from Guyana, Venezuela and the United Kingdom, but failed to reach agreement. Venezuela vetoed Guyana's bid to become a member of the Organization of American States (OAS) in 1967. In 1969 Venezuela backed an abortive ...
The main cities of the region are Ciudad Guayana, with more than half a million inhabitants and which is made up of Puerto Ordaz and San Félix; the capital of the State of Bolívar, Ciudad Bolívar, Upata, Caicara del Orinoco, Tumeremo, Guasipati, El Callao, El Manteco, Santa Elena de Uairén, all of these in the State of Bolívar and the ...
The destruction of the Royalist forces in San Felix accelerated the capitulation of Angostura.The town would be abandoned by the Spaniards on the 17th of that month. Thanks to the Battle of San Félix, the Venezuelan Patriots won not only the rich territory of Guayana, but also the critical tool of transportation and commerce, the Or