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Home Columns SATYA PRAKASH

Who Really Owns Guyana’s Oil? The Deafening Silence Around the ExxonMobil Deal

Admin by Admin
October 22, 2025
in SATYA PRAKASH
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In today’s Guyana, one question lingers in the minds of many citizens: Why does no political party dare to challenge the ExxonMobil contract? The silence from both government and opposition parties benches speaks volumes about the depth of influence and the power that surrounds our newfound oil wealth.

It is no secret that ExxonMobil holds significant sway in Guyana’s economic landscape. The company’s operations are deeply tied to the nation’s revenue, foreign investment, and political stability. But this influence raises an uncomfortable reality — when a multinational corporation becomes so intertwined with national politics, whose interests truly take precedence?

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Observers suggest that political parties, regardless of colours or creed, are wary of confrontation with ExxonMobil. Some believe this caution stems from the political and financial weight that such corporations naturally carry. The truth is, campaign financing often shapes the tone and direction of political decision-making — not just in Guyana, but around the world. When major players fund or support political campaigns, the space for genuine national independence in decision-making becomes blurred.

This silence, however, comes at a price. If Guyanese people remain passive, content to let corrupt politicians and foreign corporations determine the country’s destiny, we risk becoming spectators in our own story of wealth. Our resources — our oil, our future — could easily slip from our hands, not through invasion or theft, but through quiet deals and political complacency.

ExxonMobil, like any major corporation, will always act in the best interest of its shareholders. That is its nature. But our leaders, both in government and opposition parties, have a sacred duty to act in the best interest of the Guyanese people. This is where the balance must be struck — and where it seems, too often, the scales tip toward corporate comfort instead of citizen welfare.

Guyanese must awaken to this reality. We must demand transparency, fair renegotiation where possible, and above all, accountability from those who claim to represent us. Our national wealth cannot become the bargaining chip of political convenience.

The oil beneath our soil belongs to every citizen — not to political parties, not to foreign corporations, but to the people of Guyana. If we remain silent, the winners will always be those at the negotiation table, and the losers will be those who stood by, hoping for change but never demanding it.

Let that sink in, Guyanese. The time to stand up for what is truly ours is now.

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