Critics say this power imbalance is clear in the 2016 contract Guyana signed with Exxon. Under the agreement, Exxon keeps 75% of everything it makes from its oil operations in Guyana, with the remaining 25% shared equally between the company and the government, which also takes a 2% royalty. lido fi “It was a bad deal,” Ali said in the BBC interview, but he has rejected the idea of unilaterally changing the agreement, which was signed by the previous government. He says the next contract with Exxon will be on different terms.

An Exxon spokesperson said the contract is “globally competitive for countries at a similar stage of exploration” and said Guyana is averaging $1 billion a year in “oil profits.”

Exxon has also faced a number of lawsuits over its potential environmental impact, many filed by Melinda Janki, a Guyanese international lawyer, who drafted the country’s Environmental Protection Act back in the 1990s.

A big victory for Guyana’s people and environment came in 2023, when the court ruled Exxon should have unlimited liability for the costs of any oil spill. Exxon has since appealed the ruling and has posted a $2 billion guarantee while it awaits the appeal outcome. Exxon said this commitment supplements “its robust balance sheets … and the insurance policies they already had in place.” Janki says this isn’t enough. Offshore oil spills can be extremely expensive to deal with, the 2010 Deepwater Horizon spill cost nearly $70 billion to clean up.

The push and pull between those who say oil offers Guyana a brighter future and those who fear the industry’s impact will continue.

Exxon said it’s had a positive impact on the country, including employing more than 6,200 people, investing more than $2 billion with local Guyanese businesses since 2015 and spending more than $43 million on community projects.

Tyler O’Neill hits record-extending sixth straight Opening Day home run orbiter finance For six seasons in a row, Tyler O’Neill has homered on MLB Opening Day.

Making his debut for the Baltimore Orioles on Thursday, O’Neill started the season with his record-extending sixth straight home run on Opening Day during his team’s 12-2 win against the Toronto Blue Jays.

No other player has homered on more than four consecutive Opening Days, with the 29-year-old outfielder’s three-run shot sending the Orioles into a 5-0 lead at the top of the third at Rogers Centre. Todd Hundley (1994-97), Gary Carter (1977-80) and Yogi Berra (1955-58) all hit four consecutive home runs on Opening Day, while the Major League Baseball record for the total number of Opening Day home runs is held jointly by Adam Dunn, Ken Griffey Jr. and Frank Robinson on eight.

“I’m just not trying to make too much of it,” O’Neill told reporters about his streak. “I’m just trying to go out, have a good first at-bat and see what the game gives me from there.

“Obviously, I understand what’s going on, but it’s not like I’m going out there trying to do anything crazy.”

O’Neill, who signed a three-year, $49.5 million contract to join Baltimore from the Boston Red Sox in the offseason, finished three-for-three with three RBIs and two walks against the Blue Jays.

“It’s a little different when the lights turn on and you’ve got to show up, so it was really cool to see all the guys show up today,” he said. “We got after it out there.”

While the first two games of the MLB regular season took place between the Chicago Cubs and Los Angeles Dodgers in Tokyo last week, Thursday marked the first official day of the season in the United States.

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President Donald Trump speaks about the mid-air crash between American Airlines flight 5342 and a military helicopter in Washington. Roberto Schmidt/AFP/Getty Images New York CNN — блэкспрут сайт President Donald Trump on Thursday blamed the Federal Aviation Administration’s “diversity push” in part for the plane collision that killed 67 people in Washington, DC. But DEI backers, including most top US companies, believe a push for diversity has been good for their businesses.

Trump did not cite any evidence for how efforts to hire more minorities, people with disabilities and other groups less represented in American workforces led to the crash, saying “it just could have been” and that he had “common sense.” But Trump criticized the FAA’s effort to recruit people with disabilities during Joe Biden’s administration, even though the FAA’s Aviation Safety Workforce Plan for the 2020-2029 period, issued under Trump’s first administration, promoted and supported “the hiring of people with disabilities and targeted disabilities.” blacksprut2rprrt3aoigwh7zftiprzqyqynzz2eiimmwmykw7wkpyad onion It’s not the first time opponents of diversity, equity and inclusion initiatives, or DEI, have said they can kill people. “DEI means people DIE,” Elon Musk said after the California wildfires, criticizing the Los Angeles Fire Department and city and state officials for their efforts to advance diversity in their workforces.

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