Latest / Guyana News Today | 2 Min News | The Daily News Now!
Refinery Dreams vs Contract Realities | Guyana News
Guyana’s president is pushing forward with a new oil refinery and expanded fuel storage to boost energy security and potentially supply the Caribbean—but critics warn the move may distract from the bigger issue: the heavily skewed oil deal with ExxonMobil. While infrastructure projects sound promising, they risk becoming costly vanity projects without proper economic scrutiny. The president’s shift from calling for contract renegotiation to defending the “sanctity of contract” has sparked suspicion. True progress requires both strategic infrastructure and fairer terms in the oil…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.