A report from IHS Markit, part of S&P Global, on Guyana’s burgeoning fossil fuel industry. Report authors note that “Guyana is laying the groundwork to address pitfalls that have plagued the world’s petro-states for decades. Good-governance institutional reforms aimed at managing oil revenues, mitigating corruption, regulating the upstream sector, and ensuring political stability are not a panacea for above-ground risk, but they are expected to facilitate the continued expansion of the country’s oil and gas industry.