Venezuela, Trump and Guyana
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Oil Price US on MSN
U.S. Intervention in Venezuela Has Shored Up Guyana's Oil Ambitions
U.S. intervention in Venezuela has temporarily eased the long-standing territorial threat to Guyana's rapidly expanding oil industry, though the underlying dispute over Essequibo remains unresolved.
Lower regional risk is lifting Guyana’s natural resources appeal as investors reassess security and growth prospects.
Nigerian and Angolan imports have also surged. This shift aims to meet strong domestic energy demand as Russian crude supplies face challenges due to US sanctions. Refiners are adapting to ensure consistent energy availability.
IN 2026, Guyana aims to deliver concrete economic growth, business opportunities, and improvements for its citizens, as its energy sector moves from planning
AQ tracks key indicators and political and economic trends to watch in 2026.
Trump sanctions impact: Indian refiners are diversifying crude imports to offset reduced Russian supplies hit by US sanctions, stepping up purchases from Saudi Arabia and sourcing cargoes from Guyana after a two-year gap.
Currently, over 6,000 Guyanese are employed directly in the oil and gas sector, with more than 1,800 local companies registered to provide services.
MEXICO CITY (AP) — Guyana's President Irfaan Ali was sworn in for a second term Sunday after winning last week's elections, as the South American country reaps a windfall from offshore oil and gas production. The electoral commission certified Ali's win ...