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Guyana’s Oil Windfall Ahead of Schedule | Guyana News

Guyana’s Oil Windfall Ahead of Schedule | Guyana News

Published 2 days, 21 hours ago
Description

ExxonMobil just hit a major milestone—recovering all $55 billion in initial investments in Guyana—triggering an immediate profit shift: Guyana’s share jumps from 12.5% to 50% of oil revenues. This was expected to take two more years, so the early win is huge. But while ExxonMobil proudly shared the news with shareholders, the Guyanese government has stayed eerily silent for ten days. Citizens are demanding transparency: how much more money is coming in, when it starts, and how it’ll help families struggling with debt and high costs. This isn’t just about oil—it’s about what the people own and deserve to know.

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