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Guyana’s Oil Profit Share Delay | Guyana News
ExxonMobil claims it’s recovered all its costs in Guyana’s oil operations, triggering a major controversy as the government remains silent on whether Guyana will now receive 50% of profit oil — a crucial windfall for the nation. Lawyer Christopher Ram is furious, calling the administration’s silence disgraceful and accusing Exxon of being “less than straight and honest.” He warns that the public is being misled, since the 50% only kicks in after expenses are paid back — not on total production. With key ministers still withholding official statements despite promises, citizens are left…
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