Guyana secured oil entitlements from ExxonMobil, announced by the President on January 1, 2026.
4 reports, 2 independent
Updated Sep 9
Gone quiet
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New informationRepeats or wire copies
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What happened
Guyana secured oil entitlements from ExxonMobil, announced by the President on January 1, 2026.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Ali seeks refinery to strengthen energy security based on successful ExxonMobil offshore production in Guyana.1 source
Guyana secured oil entitlements from ExxonMobil.1 source
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The entities involved
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Irfaan Ali
President of the Co-operative Republic of Guyana
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Guyana
country in South America
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ExxonMobil
American multinational oil and gas corporation
Related events
- The government of Guyana is receiving the full profits generated from ExxonMobil's oil operations in the country.
- Guyana's institutions are under scrutiny due to an IMF assessment regarding the management of its oil wealth. President Ali is responding to warnings about the "oil curse."
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.
- Guyana repaid ExxonMobil its US$55B investment related to oil operations in the country.
- New oil blocks are now competing with existing large leases as part of ExxonMobil's exploration campaign in Guyana.