Guyana is seeking to enhance its energy security by focusing on crude oil refinement.
1 report, 1 independent
Updated Sep 8
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What happened
Guyana is seeking to enhance its energy security by focusing on crude oil refinement.
Who's involved
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The entities involved
Related events
- The Inter-American Development Bank (IDB) has released findings regarding Guyana's current oil dependence and overall energy mix.
- ExxonMobil and Brookfield Renewable are expanding globally, increasing production in Guyana and Africa, while monitoring Brent crude prices and Middle East volatility.
- A 30% stake in Guyana's offshore Stabroek Block is noted. Higher oil prices are increasing free cash flow, while ongoing conflict in Iran impacts this flow.
- ExxonMobil is seeking to unlock Trinidad’s offshore potential, using Guyana’s successful oil drilling operations as a blueprint.
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.