While the deeply impoverished South American country of Guyana is attracting the lion’s share of attention when it comes to oil, it is neighboring Suriname where the next major petroleum discovery could occur. ExxonMobil’s raft of discoveries in offshore Guyana, including the latest Redtail-1 find its 18th offshore discovery in the impoverished former British colony, underscores the considerable potential held by the Guyana-Suriname Basin. The growing regional importance of Guyana’s and Suriname’s burgeoning oil boom was highlighted by U.S. Secretary of State Michael R. Pompeo visiting both countries last month. That ... (full story)