Guyana’s Oil Future at Stake | Guyana News

Guyana News Today | 2 Min News | The Daily News Now! · Jul 2, 2026 · 1m

Hess and CNOOC are quietly skipping cash contributions to the Stabroek Block for two years, while ExxonMobil pours billions in—highlighting a stark funding imbalance. Legal expert Christopher Ram warns Guyana’s lack of a ring-fence means the country’s future oil profits are being reinvested without recognition or benefit, essentially making it a silent, unpaid partner. Despite Hess claiming self-funding, the reality shows Guyana’s earnings are being used to finance future projects, exposing what Ram calls amateurish contract management. Listen in comfort:Get a discount on a Soli Pillow…