The profits received by the Guyanese national treasury are minuscule compared to the enormous profits to be reaped by the US oil company ExxonMobil from the exploitation of crude oil in the Stabroek block, located in waters that have not yet been delimited with Venezuela. Although this fact has caused the historical dispute between both nations to heat up, it is paradoxical that Guyana is the least favored in this equation.
Guyana to Receive Pyrrhic Profits From ExxonMobil Oil Production
Tag: Stabroek Block
Scandal Unveiled: Guyana’s Government Finances ExxonMobil’s Taxes
The vice president of Venezuela, Delcy Rodríguez, has made reports of the Cooperative Republic of Guyana’s continued violations of international law and the Geneva Agreement in favor of the transnational oil company ExxonMobil in regards to the Essequibo territorial dispute, stating that new irregularities are being unveiled on the submissive nature of the Guyanese government towards the US oil corporation.
Scandal Unveiled: Guyana’s Government Finances ExxonMobil’s Taxes
Ms. Cat’s Chronicles 