Venezuelan prosecutors finally announced charges against opposition leader Juan Guaidó for “high treason”—but not for colluding with foreign powers to overthrow the government. No, Guaidó is to face charges for his apparent intent to renounce Venezuela’s claim to a disputed stretch of territory that has been controlled by neighboring Guyana since the end of colonial rule. The Esequibo region covers 159.000 square kilometers—nearly two-thirds of Guyana’s national territory. The old territorial claim languished for generations—until 2015, when ExxonMobil announced discovery of a big offshore deposit in waters off the Esequibo coast. This came just as Venezuela was sliding into crisis, providing President Nicolás Maduro with a nationalist rallying cry. (Map via El Tiempo Latino)
In what the New York Times somewhat hyperbolically calls a “clash,” US Border Patrol vessels have over the past two weeks stopped at least 10 Canadian fishing boats in the Bay of Fundy between Maine and New Brunswick. Canada has responded by beefing up its Coast Guard patrols in what is being termed a “disputed gray zone” between the two countries’ territories. The maritime dispute dates back to the 1783 Treaty of Paris that ended the American Revolution, and is one of several between the US and Canada—including fishing waters at Dixon Entrance between Alaska and British Columbia, and areas of the petroleum-rich Beaufort Sea, near the Arctic Ocean. (Map: ResearchGate)
Seemingly irregular oil contracts have emerged as a factor in the ongoing political scandal that last week brought down Peru's president Pedro Pablo Kuczynski. Following accusations from left-opposition congressmembers, state agency PeruPetro admitted that hours before leaving office, Kuczynski had issued a Supreme Decree initiating the process of approving five offshore oil concessions with a private company—but without the involvement of PeruPetro in vetting the contracts, as required by law. Calling the deals "lobista," Dammert is demanding that new President Martín Vizcarra declare the contracts void. (Photo: Gestión)
The International Tribunal for the Law of the Sea ruled in favor of Ghana in a lengthy maritime dispute with Ivory Coast. The case, which was brought to the international body by Ghana in 2014, was an attempt to clarify the boundary between the two countries, as both countries were vying for control of offshore oil leases in the contested area.
The Supreme Court of Canada ruled unanimously in favor of the Inuit community of Clyde River, Nunavut, which has for the past three years fought to stop seismic testing in their Arctic waters. The Court found that the Inuit were not properly consulted on the oil exploration project off Baffin Island. The decision nullified a seismic testing permit issued by the National Energy Board.
Under diplomatic pressure, Secretary of State Rex Tillerson signed the Fairbanks Declaration on Arctic climate—but with caveats about how the US will not "rush" to change policy.
President Donald Trump signed an executive order to lift restrictions placed on offshore oil drilling by the previous administration, opening vast areas to exploitation.
The International Court of Justice ruled that it has the authority to adjudicate a dispute between Kenya and Somalia over an oil-rich stretch of the Indian Ocean.
With a Trump despotism looming, CounterVortex offers its final assessment of Barack Obama's record in addressing the oppressive legacy of the Global War on Terrorism.
Experts declare a "new oil order" in which hydrocarbons will lose market share to renewables. But is it market conditions or geopolitics that explain the current price slump?
The UN Commission on the Limits of the Continental Shelf ruled Argentina's maritime territory includes the area around the Falklands—a blow to British offshore oil interests.
Canada's Supreme Court announced that it will review two decisions of the National Energy Board related to oil development and aboriginal consultation.