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Guyana on track to produce 1 million bpd; could eventually surpass...

Oil and gas industry analyst Wood Mackenzie says Guyana could surpass Venezuela and Mexico in its oil production thanks to ExxonMobil’s run of success...

As Guyana preps for 750,000 bpd bounty by 2025, Goldman Sachs...

As the South American country of Guyana prepares to join the league of petroleum producing nations, American multinational investment bank, Goldman Sachs, says an...

Oil revenue can radically transform tourism in Guyana – stakeholders say

Tourism Stakeholders in Guyana believe that revenues from oil production could potentially advance the tourism sector, making the South American country one of the...

Fiscal rules for Guyana’s future oil exporting economy

Commodity exporters such as Guyana should adopt procyclical fiscal policies that exacerbate macroeconomic volatility. Increasingly, empirical evidence suggests that the mismanagement of the commodity...

Who knew? These countries are all oil producers

(New York Times) Some oil-producing countries are well known: The three top crude suppliers, of course, are Russia, Saudi Arabia and the United States....

100 million barrels: the world hit a daily oil and liquids...

The world is pumping out more oil and other petroleum liquids than ever before. Bloomberg said in a report on Thursday Global supply rose to...

Guyana poised to be world’s largest oil producing country per person...

Ahead of Kuwait, Saudi Arabia, Brunei and Norway, the South American nation of Guyana, with a projected output of 700,000 barrels per day among...

Deep-sea oil drillers optimistic for 2019

Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits. But this time there seems...

Ramnarine urges caution in oil production forecasts

Former Trinidad and Tobago Minister of Energy and Energy Affairs, Kevin Ramnarine, says predicting how oil reservoirs will behave is often difficult and this...

Big oil firms hold back on drilling

(The Wall Street Journal) The world’s biggest oil companies are awash in cash, thanks to rising crude prices. But few, if any, are going...

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