A new balance on the oil market
For years OPEC has been the key stabilizing force on the international oil market. Today, however, a new powerhouse is emerging with significant impact: South America. Brazil, Guyana, Suriname and Argentina are transforming the global energy map thanks to offshore oil fields and unconventional resources capable of guaranteeing…
The Return to Oil …
Global oil interests are becoming concentrated.
And now Guyana has become the testing ground for the impact of resources in the twenty-first century.
Around this South American country, Exxon and Chevron are competing to acquire Hess, one of the key companies involved in the discovery of Guyana’s oil reserves.
This oil-producing nation, which until recently…
