Oil analysts speculate on ‘changing fortunes’ in Guyana, Venezuela oil sectors

Liza 1 oil rig

Could current events in the oil and gas sector in the hemisphere portend a radical change in the pecking order insofar as oil production is concerned? That, at least, is what is being vaguely suggested in a story published by the online oil and gas information service, OilNow.

Published earlier this week, the OilNow report suggests, perhaps prematurely, that current developments in the oil and gas sector could be leading to a likely shift in the production pecking order in the region.