Chevron CEO Sees Venezuela-Guyana Talks More Likely Than War

The border dispute between Venezuela and Guyana is unlikely to escalate into a military conflict despite the growing hostile rhetoric between the South American nations, according to Chevron Corp.’s top executive.

“These things are much more often resolved through discussion, negotiation and compromise” than military action, Chief Executive Officer Mike Wirth said Monday in a discussion hosted by the Council on Foreign Relations in Washington. Still, Wirth said Chevron was taking the situation “seriously” and was monitoring it closely.