World Bank accused over ExxonMobil plans to tap Guyana oil rush

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Washington DC-based bank grants funds to redraft south American state’s oil laws by lawyers linked to oil giant

The World Bank is to pay for Guyana’s oil laws to be rewritten by a legalfirm that has regularly worked for ExxonMobil, just as the US producer prepares to extract as much as 8bn barrels of oil off the country’s coast.

 

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