Tag Archives: The View from Europe: Oil the environment and the Caribbean – By David Jessop

The View from Europe: Oil, the environment and the Caribbean – By David Jessop

Earlier this month Exxon announced that that it had made a major new oil find off Guyana. It was, it said, the largest since it began exploration there in 2015. The company’s statement followed one last June advising of a ‘world-class discovery’ on another well, and before that, announcements about four other commercially exploitable finds.

What this and Exxon’s recent request to the Guyanese government for permission to drill up to 40 new wells after 2022 suggests, is that the country is about to become a major oil producer in the Western Hemisphere.      Continue reading