Guyana's government plans to award a contract for a third audit of ExxonMobil's expenses.

Guyana's government is preparing to award a contract for a third audit of ExxonMobil's expenses, despite not having closed two previous audits between 1999 and 2020. The first audit by IHS Markit recommended contesting $214 million in expenses, while the second local audit covered expenses from 2018-2020. Guyana's minister of natural resources states that the previous PPP government delayed many audits, but audits are crucial to ensure companies are not overcharging.

August 24, 2024
3 Articles