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Business, Energy

“Exxon earnings beat as production in Guyana and Permian sets a record”

“Exxon earnings beat as the acquisition of Pioneer drove record production Production grew by 15%, or 574,000 barrels per day, to 4.4 million barrels per day from the first quarter. The Pioneer deal contributed $500 million to Exxon’s earnings…” https://www.cnbc.com/2024/08/02/exxonmobil-xom-earnings-q2-2024-.html

Economy, Energy

“…Venezuela threatens to invade oil-rich Guyana, US worries about how far Maduro will go”

“Venezuela’s threats to annex a majority of Guyana may be an effort by its leader to consolidate power at home ahead of a potential presidential election next year instead of a real intention to invade its neighbor, U.S. officials say. But Washington… Continue Reading…

Economy

“This is the world’s fastest growing economy, and it could grow an ‘explosive’ 100%”

“…Guyana, a country in South America with a population of about 800,000 people, is projected to grow 38% by the end of the year — an “extremely fast” pace, according to recent GDP forecasts by the International Monetary Fund… BMI, a… Continue Reading…

Economy

“The IMF thinks this small South American country will see economic growth of 86% next year”

“Guyana, a country of about 780,000 which shares a border with Brazil, Suriname and Venezuela in the northeast of South America, will see economic growth of 86% in 2020, according to the IMF. That’s up from 4.4% in 2019. Such an explosive expansion of… Continue Reading…