Exxon Makes Major Investment in Natural Gas with Its Eighth Oil Project in Guyana
Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project ExxonMobil’s eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyana’s oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to […]
From Humble Beginnings to Prosperity: Guyana’s Rapid Transformation into a Petrostate
From Rags to Riches: Guyana’s Meteoric Rise as a Petrostate Oil tumbled at the end of the U.S. summer driving season, with fears of an economic slump in China weighing heavily on the outlook for petroleum. As such, the international Brent benchmark plunged by over 12% in a month to lows not seen since early […]