Damages
S3 Ep2 | The Contract
Mar 21, 2023
Discussion on the unfair Guyana oil contract and calls for renegotiation. Exploration of Chinese involvement and corruption allegations. Explanations on ExxonMobil's production chain agreement and cricket sponsorship. Insights into oil companies' image management and the importance of transportation in greenhouse gas emissions. Exploring challenges and controversies in the Guyana oil industry, including negotiation concerns.
39:41
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Quick takeaways
- The release of the oil contract between the Guyanese government and ExxonMobil in 2017 was chaotic and filled with legal language, leaving many confused and leading to criticism of it being a historically bad deal for Guyana.
- The production sharing agreement between Guyana and ExxonMobil presents challenges, with a majority of revenue going to ExxonMobil to recover costs, increasing expenses as new wells are explored and potentially fast-tracking production to repay costs.
Deep dives
Glenn Lawl: The Publisher and Influencer
Glenn Lawl, the publisher of Kiana Wilberg's newspaper, Kiter News, is not your average publisher. With over 20,000 followers on TikTok, Lawl has become an influencer. He uses various platforms, including YouTube, TikTok, radio shows, and newspapers, to reach the masses. Lawl's strategy involves speaking their language, which includes using a version of English mixed with Krilys, a local lingo spoken by working-class people in Guyana.
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