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ExxonMobil and partners set stringent conditions for Guyana to access US$2B oil spill guarantee

ExxonMobil and partners set stringent conditions for Guyana to access US$2B oil spill guarantee
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Exxon contract allows company to recover money in dispute

The lopsided Stabroek Block agreement - which local activists have been demanding be renegotiated - is laden with provisions that extend favourable terms to the contractor, while Guyana is left in many instances at the mercy of the developer. ....

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