By Viktor Katona for Oilprice.com
Jan 25, 2021 (Baystreet.ca via COMTEX) — January 2021 is still far from over, yet the pages of Oilprice already boast 6 articles about Guyana being the hottest drilling spot in the world.
This is hardly surprising, considering the hot streak that ExxonMobil had over the past 5 years, with new companies coming in and stepping up the drilling game. The interest globally attributed to Guyana has aggravated Venezuela’s long-standing grievances over the disputed Essequibo province – before 2015 the Venezuela vs Guyana oil standoff was akin to a David vs Goliath story but now, with Guyana building up its oil reserves tally and continuing to attract new investors, the balance has become a lot more nuanced. Continue reading