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Exxon and its partners in the offshore Stabroek Block in Guyana have made almost $6 billion from their operations.
Citing official documents, Reuters says audited financial results show that Exxon, Hess Corp., and CNOOC earned a combined 5.8 billion from the Guyana business in 2022.
Exxon’s individual share of the total was $2.74 billion, the Chinese state oil firm took home $1.55 billion, and Hess Corp. got $1.53 billion.
The document was released as part of an ongoing appeal against a court ruling that found the consortium guilty of violating its insurance obligations regarding oil spills.
