Venezuela voices outrage over new oil lease off Guyana

FILE PHOTO: A government supporter holds a sign that reads: “The Essequibo is ours, vote YES 5 times” while participating in an event to collect signatures in support of a referendum over Venezuela's rights to the potentially oil-rich region of Esequiba in Guyana, in Caracas, Venezuela November 15, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo

Caracas: Venezuela has said it “strongly” rejects a new oil concession Guyana has granted to US giant ExxonMobil in waters disputed by the two South American neighbours.

ExxonMobil announced last Friday that it received the green light from Guyana for exploitation in the Stabroek block, an offshore area with huge deposits.