Campaigners in Guyana are challenging ExxonMobil's oil discovery, citing a production-sharing agreement that favors the company and limited oil-spill liability. ExxonMobil has invested $100 million in the Greater Guyana Initiative, but environmental campaigners call it "greenwash." A judge temporarily stayed an order requiring ExxonMobil to secure a $2 billion guarantee for oil-spill costs. Title: Guyana Campaigners Challenge ExxonMobil's Oil Discovery and PracticesCampaigners in Guyana are challenging ExxonMobil's oil discovery, citing a production-sharing agreement that favors the company and limited oil-spill liability. The main opposition party, the APNU, which signed the 2016 production-sharing agreement, and the ruling PPP party, which has failed to renegotiate it, will both be on the ballot.
Source: The Irish Times August 21, 2025 08:35 UTC