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Author Topic: Exxon May Emerge As The Biggest Winner In Guyana’s Oil Boom  (Read 1161 times)

IroNat

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Exxon May Emerge As The Biggest Winner In Guyana’s Oil Boom
« on: October 03, 2022, 07:31:51 AM »
https://finance.yahoo.com/news/exxon-may-emerge-biggest-winner-150000453.html

The impoverished tiny South American country of Guyana has emerged as one of the continent’s top oil producers and is poised to become a leading global energy exporter. Since 2015 an Exxon Mobil-led consortium has made a swathe of high-quality oil discoveries in offshore Guyana in the 6.6-million-acre Stabroek Block, with the latest announced in July 2022. It is estimated those finds have uncovered nearly 11 billion barrels of recoverable oil resources in the Stabroek Block with further oil discoveries to come.
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Humble Narcissist

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Re: Exxon May Emerge As The Biggest Winner In Guyana’s Oil Boom
« Reply #1 on: October 04, 2022, 01:14:44 AM »
Other countries are making money from oil while we are running away from it.
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