Credit: Jasper Rietman

How oil company ExxonMobil saves billions via Luxembourg

By Olaf Geurts, Luc Caregari, Maarten Bakker | 3 February, 2024

While the world is considering phasing out fossil fuels, Guyana (South-America) is busy with oil drilling. The oil company ExxonMobil extracts reserves with high margins, where tax optimization via Luxembourg plays an important role.

Read the whole story at NRC (in Dutch). also published an article (in German) in co-operation with the Investigative Desk. The Suriname Nieuws Centrale (SNC) published an analysis about the topic (in Dutch).


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