Oil companies Exxon Mobil , Hess Corporation and CrowdJustice , a subsidiary of Chinese national oil, are being challenged in court by campaigners who claim that their plans to drill off the coast of Guyana are illegal as the government failed to require the companies to obtain the necessary environmental permits. “It is very simple. The lawsuit is being financed through crowdfunding site CrowdJustice . Offshore drilling licences in the region are highly sought-after, with analysts estimating that 500,000 barrels of oil could be produced 2026 . Hess Corporation has estimated this figure to be 350,000 to 400,000 barrels per day.
Oil companies Exxon Mobil , Hess Corporation and CrowdJustice , a subsidiary of Chinese national oil, are being challenged in court by campaigners who claim that their plans to drill off the coast of Guyana are illegal as the government failed to require the companies to obtain the necessary environmental permits. The lawsuit is being financed through crowdfunding site CrowdJustice . Offshore drilling licences in the region are highly sought-after, with analysts estimating that 500,000 barrels of oil could be produced 2026 . Hess Corporation has estimated this figure to be 350,000 to 400,000 barrels per day.