Exxon has suspended exploration activities in the western part of the Stabroek block offshore Guyana after the Venezuelan Navy intercepted this weekend two exploratory vessels in what Caracas claimed was Venezuelan waters, Reuters reports , citing Guyana’s Foreign Ministry. The Guyanese ministry’s statement claimed the incident had occurred in its territorial waters and slammed Caracas for the interception, which, according to Guyana, “violates the sovereignty and territorial integrity of our country.” The statement said Caracas’s behavior threatened Guyana’s economic development and called the interception an “illegal, aggressive and hostile act.” Guyana will report the case to the United Nations. Caracas, for its part, said it has already told the United Nations about the run-in, which it said was in Venezuelan territory, adding the vessels had turned around after their crews were told they were out of Guyanese jurisdiction. The territorial dispute between Venezuela and its tiny neighbor Guyana is […]