Guyana

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  • Venezuela’s Oil Deal Reshapes the Map: Essequibo, Chevron and the OPEC Bombshell

    Venezuela’s Oil Deal Reshapes the Map: Essequibo, Chevron and the OPEC Bombshell

    Washington’s new oil relationship with Caracas is about far more than Venezuela’s vast reserves. It gives US commercial interests exposure on both sides of the Venezuela–Guyana dispute while raising a much bigger question for global energy markets: what happens to OPEC if Venezuelan production returns at scale with American capital behind it?

    Venezuela’s Oil Deal Reshapes the Map: Essequibo, Chevron and the OPEC Bombshell