Ten offshore oil discoveries since 2015 by an Exxon-led consortium, accounting for 5 billion barrels of crude, have turned Guyana, one of South America’s poorest nations, into one of the region’s hottest oil frontiers . But the finds have also resurfaced a simmering, century-old border controversy stemming from Venezuela’s claims of two-thirds of Guyana’s territory. “The Ministry of Foreign Affairs rejects this illegal, aggressive and hostile act,” Guyana Foreign Minister Carl Greenidge said in a statement, calling Venezuela “the real threat to Guyana’s economic development.” The fracas occurred as the government in Georgetown faces a potentially greater political battle on the domestic front. Guyana’s parliament late Friday approved a no-confidence vote in the administration of President David Granger, triggering early elections in March, just as the country prepares for the start of commercial oil pumping in 2020. Guyana’s President David Granger seen during a visit to Brazil in December […]