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Bloomberg Surveillance

Bloomberg Surveillance: Exxonmobil Development President Liam Mallon

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 20 February 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

Liam Mallon, President of Exxonmobil Development Company at Exxon Mobil, speaks on the increasing demand for oil and LNG around the world, the company's attempted developments in Guyana, and tensions with Venezuela 

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Transcript

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0:59.0

Bloomberg Audio Studios.

1:04.0

Podcasts, Radio News.

1:07.0

Let's turn to the energy sector.

1:09.0

A little bit of tension in the energy sector.

1:11.0

Venezuelan President Nicola Maduro, threatening to bar ExxonMobil from expanding in Guyana.

1:16.4

The oil giant is looking to grow development in the South American country's offshore reserves,

1:20.7

expecting crude output to hit 1.2 million barrels a day by

1:24.4

2028. Venezuela has continued to make territorial claims about the region

1:28.6

stretching back to colonial types. Joining us to discuss Exxon's big opportunity in the region is Liam Manet, the president of Exxon

1:35.2

mobile upstream from the Guyana Energy Conference. Liam, wonderful to catch up with you, sir.

1:39.6

I want to go back something like 10 years and start in late spring I think May of 2015 when this

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