The Latest Breaking News from Guyana

Recently discovered oil is transforming Guyana's fortunes. But neighbouring Venezuela has suddenly rekindled old claims of territorial ownership. Official Venezuelan maps now incorporate the disputed Essequibo region that covers two-thirds of Guyana, and Venezuelan oil companies have been ordered to start extraction. In a December 3 non-binding referendum, Venezuelan voters…

Tension has soared over Essequibo, which has historically been controlled by Guyana, since Maduro's government held a controversial referendum last weekend in which 95 percent of voters supported declaring Venezuela its rightful owner, according to official results.

A century-old territorial dispute is boiling over between neighbors Guyana and Venezuela

The United Nations Security Council took no immediate action at a closed emergency meeting requested by Guyana following Venezuela’s recent referendum claiming the vast oil- and mineral-rich Essequibo region that makes up a large part of its neighbor

The discovery of vast oil deposits is blamed for reigniting a decades-old territorial dispute between Venezuela and Guyana that fast worsened as Guyana started granting licenses to multinationals to exploit crude in waters claimed by both countries.

The US air force has taken the unusual step of holding joint drills with Guyana as the United Nations scheduled an emergency meeting of the security council to discuss Venezuela’s threat to annex more than two-thirds of the oil-rich South American country.

The United States, through National Security Council spokesman John Kirby, urged the sides to find a diplomatic solution to the territorial dispute, saying "we don't want to see this come to blows."

Four investment banks have announced during a meeting of leaders of trade bloc Mercosur they will put $10 billion for infrastructure works aiming to better connect South America

The U.S. Army carried out a joint aerial exercise with Guyana. Washington reiterated its support for the country