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Guyana Demands Oil Profits Now | Guyana News
Guyana’s opposition party APNU is demanding a pause on new oil projects until the government gets its full 50% profit share from ExxonMobil, arguing the company has already recouped its $55 billion investment ahead of schedule — triggering the agreement’s profit-split clause. With Exxon confirming its costs are fully paid, APNU warns approving more projects would delay Guyana’s rightful revenue and calls for immediate action to ensure the nation’s financial interests aren’t sidelined. The government remains silent on whether Guyana is currently receiving its share or how future projects will…
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