MP Andrews demands full profit share from ExxonMobil regarding its operations in Guyana.
1 report, 1 independent
Updated Aug 1
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What happened
MP Andrews demands full profit share from ExxonMobil regarding its operations in Guyana.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The government of Guyana is receiving the full profits generated from ExxonMobil's oil operations in the country.Sub-event
MP Andrews demands ExxonMobil provide a full profit share from its operations in Guyana.1 source
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The entities involved
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ExxonMobil
American multinational oil and gas corporation
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Guyana
country in South America
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Andrews
Canadian political candidate from Nova Scotia
Related events
- ExxonMobil operates in Guyana under cost recovery terms.
- Irfaan Ali is President of Guyana, and ExxonMobil operates under the Stabroek Block PSA.
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.
- Guyana shares oil revenues under the Stabroek Block PSA, with the government explaining the revenue flows through the Ministry of Natural Resources.
- Guyana repaid ExxonMobil its US$55B investment related to oil operations in the country.