Why America’s Two Biggest Oil Companies are Fighting Over Guyana

Exxon Mobil and Chevron are currently fighting over Guyana's most lucrative oil block in a feud that could reshape Big Oil in America. So in this video, we'll explain what's happening in Guyana and what the future could hold as this dispute plays out.

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[PatrickLloyd-vjtj]

I previously believed that all investors experienced financial ruin during economic downturns, but I now realize that some of them actually make a fortune. In summary, while some people face recessions, others seize profitable opportunities, and it all begins with having the correct mindset. As a result, I have allocated some of my savings for future investments. Regrettably, I lack experience in this area.

[juanquiaro]

As a Venezuelan I’d rather Guyana have it, the Venezuelan government officials will just pocket all of the profits and then blame the US sanctions when our people starve.

[InTheSummerSnow]

China just chillin with the 25% stake.

[ad_astra]

Oil? South America? Corps? Sounds like the corporate wars

[VickTijuas]

Oil you say? *FREEDOM SOUNDS INTENSIFIES* 🦅 🦅 🦅

[lasvistatech]

why do you even ask, you have the words america and oil in the same phrase.

[JimTheFly]

Just a heads-up - At 6:52, that logo you have for the SEC isn't for the Securities and Exchange Commission of the US government, it's for the Southeastern Conference of the NCAA. So I don't think they could do much about ExxonMobil. But if Chevron has a problem with Auburn or LSU, it might be able to do something.🤣

[tupperlake]

Before any country works with an international oil company, they should check their environmental record. They should definitely check oil the ecological disasster that happened in Ecuador. A smalll country like Guyana would be destroyed if something like that happened to them.

[diomuda]

Guyana being the one needed to defend thanked to two major American companies... lol.

[M_A]

I’m sure the southeastern conference was very surprised when this complaint landed on their desk

[pixapel]

I hate the fact that two big American companies are fighting over my country, and we cant even do nothing about it, and it doesn't seem the government cares either

[Yutappy]

The quicker we move to renewable energy, the less relevant oil becomes.

[GordanGecko]

The curse of oil ? is saving Guyana from Venzuevela's imperilist over-reach.

Also this means for average Guyanan standard of living should increase several fold, unless corruption has its way

[HIHIHJIHIHIH]

It's Either between Venezuela or Oil Companies.

[ItsAVolcano]

Chevron really should win this one, as I can't imagine HESS included right to first for the whole company when they made the deal with Exxon.

[PeterPeter-prhi]

USA: "We will defend Guyana from any foreign aggression, Venezuela absolutely shouldn't attack it"

Guyana: "Oh how great! Finally someone stands up for human rights!"

USA: "Yeah, human rights.... sure, let's go with that"

[Takudza]

I hope EVs get so much efficient and cheaper that oil loses its hold on the planet.

[NatalieLawrence]

As the daughter of a Guyanese mother, that pronunciation of Essequibo is so painful, I had to stop 10 seconds in. I won’t send it to her, I won’t hear the end of it otherwise. I hope this doesn’t go viral there, for your sake.

[Thischannelisdicontinued]

Oil companies and South America?Nothing totally bad happened there

[macrosense]

I do not know if exploration rights are the same as mineral rights or extraction rights.