Guyana stands to lose US$55b in bad oil deal

Producing statistics and calculations to show that Guyana has an oil deal far below global standards and  will lose out on up to  US$55 Billion over the 40-year period of the licence for the Stabroek Block, international corruption watchdog Global Witness has written to ExxonMobil urging a  renegotiation. “Exxon should renegotiate the Stabroek license so … Continue reading Guyana stands to lose US$55b in bad oil deal