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Bloomberg

South America Is Now Big Oil’s Top Hunting Ground

Friday, September 25, 2026


Exxon made a major oil discovery in Guyana, and exploration activity has increased across South America since that find. Oil companies have expanded drilling operations in the region. The exact scale and timeline of recent exploration projects were not specified in the available text.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-09-25/south-america-is-now-big-oil-s-top-hunting-ground

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