Exxon Mobil struck black gold in 2015 when it discovered a massive oil reserve off the coast of Guyana in South America. It’s poised to make Guyana the fourth-largest offshore oil developer in the world, and it's already jump-started a transformation within the developing economy. But will this oil bonanza benefit Guyana’s people? The FT’s US energy editor Jamie Smyth travels to Guyana’s capital to understand Exxon’s impact first-hand. Clip from NBC News- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:The giant Exxon project that could create the world’s last petrostateOil-rich Guyana tries to tap another source of cash: carbon creditsExxon’s exit marks reversal of fortune for Equatorial Guinea- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Jamie Smyth (@JamieSmythF) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.