Energy Prospectus

Venezuela may be preparing for a possible invasion into Guyana.

Reports from Brazilian intelligence suggest an imminent military move by the Venezuelan army against Guyana in the coming days, according to Defence Blog.

https://seekingalpha.com/news/4041475-hess-sinks-into-the-close-on-rising-tensions-between-guyana-venezuela

Didnt they just promise to be nice guys to the demented one for sanction relief.

Venezuelan leader Nicolas Maduro has accused the U.S. of trying to appropriate its oil resources with regard to Guyana’s offshore oil discoveries and production, alleging that Washington plans to militarize the area.

At stake is the world’s most alluring offshore frontier oil play, where Exxon controls the 6.6 million acre Stabroek Block, which has to date seen more than 30 world-class oil discoveries containing more than an estimated 11 billion barrels of oil resources.

https://oilprice.com/Latest-Energy-News/World-News/Rumors-of-Venezuela-Invasion-Plans-Put-Oil-Rich-Guyana-on-Edge.html

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/112923-venezuela-prepares-for-vote-on-border-dispute-with-guyana-over-oil-rich-territory