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(Kaieteur News) – As Guyanese continue to zero into the operations of ExxonMobil and its statements provided to the press, a glaring disparity has been unearthed which points to billions being unaccounted for.
The Oil and Gas Governance Network (OGGN) this week raised concerns over recent remarks by ExxonMobil’s Vice President and Business Services Manager, John Colling who revealed that the company recovered a whopping US$51B from Guyana’s oil, up to the end of December 2025.
The overseas based Non-Governmental Organisation (NGO) compared the amount recovered by the American oil giant to the total revenue generated in the Stabroek Block, according to the Bank of Guyana (BoG). To this end, the technical group discovered that ExxonMobil took out more revenue for cost recovery than it was allowed during the period 2020 to 2025.
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