How Guyana Is Feeding the Profits of Exxon Mobil, the Largest U.S. Oil Company

Exxon Mobil operates oil production operations in Guyana's Stabroek Block, which began production in 2019 and has expanded significantly since then. Guyana and Venezuela have a longstanding territorial dispute over the region where Exxon operates, with Venezuela claiming rights to the area. The company's operations in Guyana represent a major source of revenue for both Exxon Mobil and the Guyanese government, which receives a share of production revenues.

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