Exxon is still drilling offshore Guyana despite a run-in with the Venezuelan navy last weekend, the company said, as quoted by Reuters. Initial reports from earlier this week said the company has suspended exploration activities in the area where the interception occurred. The Venezuelan navy intercepted two exploration vessels commissioned by Exxon who is developing the prolific Stabroek block offshore Guyana. The Venezuelans, however, claimed the vessels had entered Venezuelan territorial waters, which the Guyanese foreign ministry slammed as an “illegal, aggressive and hostile act.” The ministry also said it will report the case to the United Nations. “Exploration and development drilling is continuing in the southeast area of the Stabroek Block,” Exxon said in a statement, although a spokesperson for the company declined to respond to a Reuters question about the two vessels and whether they will continue their exploratory mission. The run-in, which the Venezuelan side said […]