Will Exxon make or break Guyana?
Behind the Money
English - June 26, 2024 04:00 - 22 minutes - 50.9 MB - ★★★★★ - 105 ratingsBusiness News News finance markets business crypto banking Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Exxon Mobil struck black gold in 2015 when it discovered a massive oil reserve off the coast of Guyana in South America. It’s poised to make Guyana the fourth-largest offshore oil developer in the world, and it's already jump-started a transformation within the developing economy. But will this oil bonanza benefit Guyana’s people? The FT’s US energy editor Jamie Smyth travels to Guyana’s capital to understand Exxon’s impact first-hand.
Clip from NBC News
- - - - - - - - - - - - - - - - - - - - - - - - - -
For further reading:
The giant Exxon project that could create the world’s last petrostate
Oil-rich Guyana tries to tap another source of cash: carbon credits
Exxon’s exit marks reversal of fortune for Equatorial Guinea
- - - - - - - - - - - - - - - - - - - - - - - - - -
On X, follow Jamie Smyth (@JamieSmythF) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.