Guyana became a major holder of oil and gas reserves in 2015 when ExxonMobil found oil in its waters. Guyana wants to use the large oil and gas discoveries over the past half-decade to bolster its economy. Guyana plans to have a natural gas pipeline built from key developments to the shore for a gas-to-energy project One of South America’s poorest countries, Guyana, became a major holder of oil and gas reserves in 2015 when ExxonMobil found oil in its waters in what turned out to be a block with resources estimated at 10 billion oil-equivalent barrels and counting. Now Guyana wants to capitalize on the large oil and gas discoveries over the past half-decade to build up an economy powered by its own energy resources. The South American nation became a crude oil exporter in early 2020, thanks to Exxon’s huge discoveries offshore Guyana. Over the past two […]