Guyana shifts to silence on ExxonMobil audit, raising transparency concerns

Guyana's Ministry of Natural Resources has adopted a new posture of silence regarding audits of ExxonMobil's spending, a reversal from previous transparency efforts. The move follows an audit by IHS Markit and has heightened public skepticism about the government's oversight of oil revenues. The shift could affect investor confidence and governance perceptions in Guyana's nascent oil sector.