Venezuela Archives - Panorama Insurance Brokers

Guyana condemns incursion of Venezuelan fighter jets at Eteringbang

Guyana’s Ministry of Foreign Affairs on Wednesday issued a statement condemning the incursion of Venezuelan fighter jets into Guyana’s airspace on March 2, 2021. Below is the full statement: PRESS STATEMENT The Ministry of Foreign Affairs of the Cooperative Republic of Guyana wishes to inform that on Tuesday, March 2, 2021 at approximately 13:20 hrs.,… Read More

Guyana’s President urges unity in face of Venezuela aggression, threat to oil resources

Guyana’s President, Dr. Iraan Ali, said on Thursday that the threat to the country’s territorial integrity and the protection of its oil and gas resources will require a united approach by all Guyanese, who must defend the country’s entitlements from its Exclusive Economic Zone (EEZ). The President was at the time delivering his inaugural address… Read More

Venezuela bumps up January oil production by 100,000 b/d to surpass half-million b/d mark

Average crude output by Venezuela’s state-owned PDVSA and its foreign partners in January rose to 520,000 b/d, or 100,000 b/d more than December, according to daily production reports reviewed by S&P Global Platts. Also, the preliminary average of Venezuelan crude oil production in January stood higher than PDVSA’s planned volume for the month, which was… Read More

Venezuela ramps up naval activity in Guyana’s maritime space

Since issuing a new decree on January 7 in what Venezuelan President, Nicolas Maduro, described as “a new maritime territory”, Guyana’s Minister of Foreign Affairs, Hugh Todd, said there has been increased activity in Guyana’s maritime space by Venezuelan Navy vessels and other Venezuelan State assets. See Minister Todd’s statement below in full, delivered to… Read More

Condemnation of Maduro’s aggression towards Guyana mounts

The United States and the Organisation of American States (OAS) on Wednesday added their voices to the mounting regional and international condemnation being directed to the Maduro regime over the illegal detention of Guyanese fishing vessels and their crew last week. “The U.S. supports a peaceful resolution of the maritime boundary controversy between Venezuela and… Read More

Guyana sends note of protest to Venezuelan authorities over detention of fishing vessels

Guyana’s Minister of Foreign Affairs, Hugh Todd, on Monday transferred a protest note to the Venezuelan government over an incident that occurred on January 21, 2020 which resulted in Guyanese fishing vessels being intercepted and detained by the Venezuelan Navy off the coast of Waini Point. See full statement below: Foreign Minister transmits protest note… Read More

Venezuela increasingly isolated in bid to grab territory from Guyana through ‘illegal decree’

The Caribbean Community on Tuesday joined with Guyana and the international community in condemning the move by President of Venezuela, Nicolas Maduro, to claim sovereignty in the waters and seabed adjacent to Guyana’s coast, west of the Essequibo River, by issuing a new decree. In a statement CARICOM said it is deeply disappointed and concerned… Read More

Guyana political parties, stakeholders roundly condemn Venezuela ‘illegal decree’

In a rare show of unity among the two major political parties in Guyana, both groups have issued statements strongly condemning the move by Venezuelan President Nicolas Maduro to issue a decree claiming sovereignty in the waters and seabed adjacent to Guyana’s coast, west of the Essequibo River. Both President Irfaan Ali and Opposition Leader… Read More