Latest / Guyana News Today | 2 Min News | The Daily News Now!
Exxon Recouped Costs Guyana Seeks Share | Guyana News
ExxonMobil just hit a major milestone—recouping its $55 billion investment in Guyana’s oil sector ahead of schedule, setting the stage for Guyana to finally claim its 50% share. But with the Opposition demanding transparency on how much revenue will actually flow into the National Resource Fund and when, the spotlight is now on the government to clarify what’s left after operational costs—and whether new projects might delay Guyana’s rightful cut. As Exxon’s CEO celebrates a “success story,” Guyanans are watching closely to ensure this oil windfall doesn’t just enrich the books—but the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.