Guyana to keep getting 12.5% profits
…as Exxon advances 8th and 9th projects without ring-fencing provisions (Kaieteur News) – Guyana is on track to continue receiving a measly 12.5% profits from the Stabroek Block, while ExxonMobil and partners bag a whopping 87.5% of revenue generated from the nation’s oil. In March this year, the operator revealed that the country had about US$5B […] The post Guyana to keep getting 12.5% profits appeared first on Kaieteur News.
Black News 
…as Exxon advances 8th and 9th projects without ring-fencing provisions (Kaieteur News) – Guyana is on track to continue receiving a measly 12.5% profits from the Stabroek Block, while ExxonMobil and partners bag a whopping 87.5% of revenue generated from the nation’s oil. In March this year, the operator revealed that the country had about US$5B […]
The post Guyana to keep getting 12.5% profits appeared first on Kaieteur News.
