Caribbean News: Is Guyana’s Oil Industry About to Overflow?
Caribbean News Headlines #caribinvestv
Here are the headlines for today for May 11, 2023
– Guyana hits another oil discovery offshore
– Top winners of GEMS Foundation entrepreneurship challenge
– Sagicor supports cybersecurity education of AntiguaRecon
📷: Diverse Sources
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Those are big dollar amounts but Guyana only gets a fraction of that investment. Exxon is buying their equipment from Asia, Europe and the USA. From the drilling lease payment and extraction percentages, the sovereign host amount ends up in the pockets of the corrupt local elite classes as it's filtered into glamour projects run by cronies of the political leaders.
Hope Guyana will not be submerged in oil!Exhausting supplies must cease.
This country deserves it!
Are you happy? Are you excited? Keep up the good spirits. When She , the earth hits back. American ExxonMobil and British ShellBP have defiled earth, nature and wildlife. Now the earth has had enough! …planned underwater earthquakes and tsunamis! Happy days for South Americans who have no regard for earth, nature and wildlife! The earth will submerge South America underwater!
More riches for the wealthy