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

In brief

Exxon Mobil has positioned Guyana as a critical expansion hub, leveraging its substantial offshore oil reserves to drive corporate growth. However, the energy giant faces significant challenges including volatile domestic politics, governance complexities, and Venezuela's contested maritime boundary claims. These geopolitical risks threaten operational stability and long-term profitability, forcing the company to balance commercial ambitions with regional uncertainties while navigating complex stakeholder relationships.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

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

Exxon Mobil found a coveted growth engine in Guyana. Now it must navigate Guyana’s fractious politics and a territorial dispute with Venezuela. continue reading...

Author
The New York Times