Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

Venezuelan President Nicolás Maduro is currently amassing armed forces along the border with Guyana following a controversial referendum to annex 74% of the country’s land area, greatly complicating the long term positions of ExxonMobil and Chevron in the region. Sunday’s referendum to annex Guayana Esequiba (Essequibo in English), a sparsely-populated territory home to and the…

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