Guyana Energy Profile: Experiencing Economic Boom And Growth In Petroleum Production – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
ExxonMobil Chairman and Chief Executive Officer, Darren Woods was unanimously reelected to the helm of the US Oil Major, with a mandate, according to him to grow supplies of affordable energy and products and reducing greenhouse gas emissions.
With production now at some 645,000 barrels per day (bpd) up from 98,000 bpd from its first full year of production, Guyana is now ranked as the third highest global supplier of crude outside of the established Oil Producing and Exporting Countries (OPEC).
Guyana, situated on South America's northern coast neighbouring Venezuela, Suriname, and Brazil, has emerged as a significant contributor to growth in the global supply of crude oil.