“Since 2019, the size of our economy has tripled. Guyana is now the fastest-growing economy in the world.” – President Mohamed Irfaan Ali, Cooperative Republic of Guyana
Guyana, the world’s fastestgrowing economy, is at the centre of an oil-driven transformation unprecedented in the Caribbean.
The 2025 edition of Oil Dorado? Guyana’s Black Gold – 10 Years After First Oil delves into this remarkable journey, offering a comprehensive exploration of the nation’s meteoric rise as an oil powerhouse.
A Nation Transformed
Dubbed the “Oil Dorado” or “21st Century Klondike,” Guyana’s offshore oil reserves are estimated at over 11 billion barrels, with projections climbing to 25 billion barrels. Since the first major oil discovery in 2015, the nation has experienced rapid economic growth, attracting global attention. Countries like the U.S., India, and China are racing to strengthen ties with Guyana, with ExxonMobil leading exploration efforts.
Yet, challenges persist. Territorial claims by Venezuela threaten regional stability, and questions remain over balancing oil wealth with environmental sustainability.
Key Perspectives in Oil Dorado?
This seventh edition, edited by John Mair with Andrew Beck, features contributions from 32 renowned experts, including politicians, academics, journalists, and industry leaders. The book provides fresh insights on the rewards and risks of Guyana’s oil boom.
- Among the contributors:
Rt Hon David Lammy MP, UK Foreign Secretary: “This collection of essays
elegantly traverses the excitement of a former colony becoming an international economic hub, while addressing the caution required for such rapid growth amid the climate crisis.” - Gina Miller, social campaigner and Guyanese-born activist: “The reality is clear: Guyana has an opportunity to use its newfound wealth to lift the nation from poverty and onto a path of prosperity.”
- Sir Trevor Phillips, broadcaster: “Once you’ve encountered the real Guyana, it never leaves your heart.”
What’s New in the 2025 Edition?
- 75% updated content reflecting the latest developments in Guyana’s oil industry.
- Exclusive analysis of ExxonMobil, Hess, and CNOOC’s roles in the boom.
- Insights into the geopolitical significance of Guyana’s oil reserves.
About the Authors
The book is edited by John Mair, a seasoned journalist and author, and Andrew
Beck, a publishing expert. Contributions come from a diverse range of voices,
including Guyanese leaders, global energy specialists, and celebrated writers.
Published by Bite-Sized Books (ISBN: 978-1-0685348-3-6), Oil
Dorado? Guyana’s Black Gold (2025 edition) is available now on
Amazon: https://tinyurl.com/53v64ef8.