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Home Media Centre In The Press The Caribbean is poised to become the next Major Oil Region

Published on 22/8/2017

The Caribbean is poised to become the next Major Oil Region

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In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the fossil fuels industry, despite its proximity to the vast oil reserves of Venezuela. Now, the Caribbean has suddenly become a point of interest since ExxonMobil discovered major reservoirs in nearby Guyana in 2015.