Oil and Gas

Iraq Signs Mega-Energy Deal with Chinese Oil Firm

Iraq signed a major energy deal Wednesday with a Chinese petroleum company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent years, becoming a major player across various sectors and now one of the largest importers of Iraqi ...

Tensions Rise Between Guyana and Venezuela Over Essequibo

Tensions increased between Venezuela and Guyana following a referendum held by the former on Sunday, December 3rd, concerning the annexation of Guyana's Essequibo province. Claimed by Caracas, this region is rich in natural resources, particularly oil. Tensions rose between Venezuela and Guyana on Tuesday as Caracas proposed a bill to create a ...

Essequibo, the Next Geopolitical Hot Spot?

On December 3rd, Venezuelans will cast their votes on the annexation of Essequibo, a region under the governance of Guyana but claimed by Caracas. The outcome of the vote raises concerns about a potential military conflict between the two South American countries. After Ukraine and the Middle East, is Latin America on the brink of a new escalation ...