Force majeure, shareholder messaging and a history of accommodation (Part II)

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 175 Today’s column concludes a two-part piece arising from comments made by ExxonMobil’s Chief Executive Officer during the company’s fourth-quarter earnings call. When Darren Woods spoke of force majeure “pausing the clock,” he was addressing shareholders and the wider investment community, not the…

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It’s oil, stupid

Deportees, Trump and the price of oil The Government of Guyana has announced that it has agreed to accept foreign deportees from the United States – persons who are not Guyanese nationals. The announcement was made calmly, almost casually – by one of the “family” – as if it were a routine domestic arrangement. There…

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Routledge deserves to go!

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 172 – October 23, 2025 Routledge deserves to go! Introduction Last week’s column described a statement made by Alistair Routledge, President of Exxon’s local subsidiary, as “blatantly misleading.” As I begin today’s column, let me quote another statement he made at the same…

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Routledge’s black hole of mysterious tax certificates (part 1)

Every Man, Woman and Child in Guyana Must Become Oil-Minded (Column 171) Introduction Readers will recall Column # 170 dealing with the request by three U.S. senators to ExxonMobil seeking information on the company’s tax arrangements under the 2016 Petroleum Agreement. Their direct concern is whether the U.S. treasury is subsidising Exxon’s operations in Guyana…

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