Tag: natural gas
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Venezuela Claims Essequibo Territory in Dispute with Oil-Rich Guyana
The recent YouTube video by WSJ provides an in-depth analysis of the escalating border dispute between Venezuela and Guyana over the resource-rich Essequibo region. The conflict has intensified with Venezuela’s new national map incorporating the territory and President Maduro’s subsequent actions to capitalize on its resources. Guyana, experiencing an economic boom due to oil discoveries,…
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European Natural Gas Crisis: Tankers Idle Offshore Amid Supply Chain Bottlenecks and Storage Shortages
As Europe contends with its most significant energy crisis since the 1970s, a fleet of liquid natural gas (LNG) tankers has been observed idling off the coast, unable to offload due to a combination of re-gasification terminal shortages and storage capacity limitations. The continent is attempting to diversify its natural gas supply sources following Russia’s…