Ringfencing provision
(Kaieteur News) – The absence of ringfencing provisions in the oil sector is killing Guyana, greenlights ExxonMobil to spend in the tens of billions of US dollars, and recover those from oil revenues. ExxonMobil can claim exploring for oil offshore, and without government knowing how much of that it did, pass those bills for billions to […] The post Ringfencing provision appeared first on Kaieteur News.
Black News 
(Kaieteur News) – The absence of ringfencing provisions in the oil sector is killing Guyana, greenlights ExxonMobil to spend in the tens of billions of US dollars, and recover those from oil revenues. ExxonMobil can claim exploring for oil offshore, and without government knowing how much of that it did, pass those bills for billions to […]
The post Ringfencing provision appeared first on Kaieteur News.
