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Report argues that oil, gas and plastic industries should not benefit from regulatory rollback in response to Covid-19, due to lack of financial viability
The report includes a case-study on ExxonMobil, highlighting its contested offshore project in Guyana. A previous response from ExxonMobil regarding that project is featured in this story.
ExxonMobil deal deprives Guyana of up to $55 billion according to Global Witness; Exxon disputes allegation
A Global Witness report alleges that ExxonMobil negotiated an exploitative oil deal with the government of Guyana that will cause the country to lose out on up to US$55 billion of revenue, which could have been used to build needed infrastructure and...
ExxonMobil is committed to the highest standards of business conduct, and we follow all local laws and regulations wherever we operate. The terms of the contracts in Guyana are competitive with other agreements signed in countries at a similar resou...
- Related stories: ExxonMobil deal deprives Guyana of up to $55 billion according to Global Witness; Exxon disputes allegation Report argues that oil, gas and plastic industries should not benefit from regulatory rollback in response to Covid-19, due to lack of financial viability
- This is a response from the following companies: ExxonMobil
Guyana: GuyOil Company signs agreement with the Clerical and Commercial Workers Union to unionize security employees
Author: Guyana Chronicle (Guyana)
“GuyOil security employees unionised with CCWU”—3 July 2019...
- Related in-depth areas: Latest News
Author: Claudia Concha, pasantilla en el Centro de Información sobre Empresas y Derechos Humanos
Latinoamérica es la región más desigual del mundo y la más peligrosa para quienes defienden los derechos humanos. El Centro de Información sobre Empresas y Derechos Humanos informó que casi la mitad de los ataques reportados en el mundo en 2018...
Guyana: Concerns raised over the discovery of large oil reserves in South America´s second poorest nation
“Will Guyana soon be the richest country in the world?”, 9th May 2019...
British American Tobacco accused of depriving developing countries of hundreds of millions of dollars in tax needed to provide people with health services
Author: Rob Davies, Guardian (UK)
"Tobacco firm BAT 'costs developing countries $700m in tax", 30 April 2019...
- Related in-depth areas: Latest news on tax avoidance
- Related companies: British American Tobacco Nobleza Piccardo (part of British American Tobacco) Souza Cruz (part of British American Tobacco)