On October 23, 2023, Chevron announced that it had purchased Hess shares in the ExxonMobil Guyana Limited (EMGL) for US$53.0 Billion. Recalling that Hess owned 30 percent of the company, this ownership implied that the total equity in the company is now estimated to be US$176.7B, with the remainder distributed as US$79.5B for ExxonMobil, and…
Details, including the full terms of reference or scope, remain unpublished regarding the 2018-2020 ExxonMobil Guyana US$7.3B cost recovery audit report, leaving Guyanese to speculate on the political, economic, and military influences on Guyanese-led RVHE Consulting and international firms: Martindale Consultants Inc. and SGS. Kaieteur News released an article on November 12th, titled, ‘How ExxonMobil…
