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ExxonMobil Admits Using Guyana’s Oil Profits for Pipeline Payment

ExxonMobil has admitted to using Guyana's oil profits to pay off a dormant pipeline built to transport gas from offshore fields.

askFinz Newsroom· Jun 13, 2026#comment#exxon#admits#grabbing
ExxonMobil Admits Using Guyana’s Oil Profits for Pipeline Payment
© habeeb
AI Summaryacross 1 source
  • ExxonMobil admits to misusing Guyana’s oil profits.
  • Payment for the pipeline will be made using Guyana’s oil resources.
  • The payment arrangement has been ongoing despite the pipeline's non-use status.
askFinz synthesis.Original report synthesised fromhabeeb
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