Via Oil & Gas Daily, an article on Guyana and Suriname resource potential: Emerging as potential oil powers while the world seeks to wean itself off planet-warming fossil fuels, poverty-stricken South American neighbors Guyana and Suriname say they have to cash in while they can. The former Dutch colonies are among the world’s most tree-covered countries, […]
Read more »Via Bloomberg, an article on Guyana’s efforts to diversity it economy: Guyana, the world’s fastest-growing economy, plans to use its newfound oil and gas wealth to fund investments in other sectors that will reduce its dependence on hydrocarbons, its president said. The government wants to use the revenues from its massive offshore oil deposits to […]
Read more »Via Merco Press, a report on massive investments in Guyana’s oil and gas industry by Exxon-Mobil Exxon Mobil is investing heavily off the coast of Guyana expecting future production of some 1,2 million barrels per day of oil and gas by 2027. According to the company the fourth oil project production off Guyana will receive […]
Read more »Courtesy of The New York Times, an article on Guyana, a largely underdeveloped country on South America’s northern Atlantic coast that is the unlikely setting for the world’s next big oil boom: Guyana is a vast, watery wilderness with only three paved highways. There are a few dirt roads between villages that sit on stilts […]
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