The Equatorial Margin, a maritime zone extending from Guiana to Brazil’s Rio Grande do Norte, has been a significant focus of oil discovery efforts. By 2015, Guiana, with ExxonMobil’s help, marked its first oil find. Since then, Guiana has identified oil reserves approximating 11 billion barrels – roughly 75% of Brazil’s total oil reserves, which […]
Related Posts
Why are Argentina and Paraguay tensions rising?
Tensions between Argentina and Paraguay are rising after Paraguay stopped selling excess energy to Argentina from the Yacyretá hydroelectric plant. This decision came after Argentina started collecting tolls from foreign ships on the Paraná River. The toll became effective on January 1, 2023, but its impact grew in early September. On September 18, Paraguay’s Vice […]
Somaliland Gains Powerful Ally in Israel, Reshaping Horn of Africa Dynamics
Israel’s ambitious plan to establish a military base in Somaliland has ignited a geopolitical firestorm in the Horn of Africa. This bold move aims to enhance Israel’s regional presence and security interests. The proposed base would provide Israel with a strategic vantage point overlooking Yemen and the Bab al-Mandab Strait. Israel’s primary objectives include countering […]
