Documentary Release: Exxon, The World Bank, and One of the Biggest Oil Discoveries of our Time

Press Release
Berlin, Washington D.C. | October 16th 2020

As the World Bank conducts its Annual Meeting, an investigative documentary sheds a light on the Bank's role in helping ExxonMobil exploit one of the biggest fossil fuel discoveries of our time.
120 miles off the coast of Guyana lies one of the largest crude discoveries in recent history: 13.6 billion barrels of oil and 32 trillion cubic feet of natural gas are the current estimate for known reserves in the entire offshore basin. ExxonMobil is the leading fossil fuel company in this massive drilling program, which has benefitted from Guyana receiving considerable budget support and technical assistance from the World Bank. Together, BigOil and the World Bank Group risk turning Guyana into the world’s latest victim of the oil curse, further fuelling the global climate crisis.
After months of research, interviews with experts and a fact finding mission completed just before the global pandemic, the documentary "Carbon Bomb" now premieres on YouTube. The film sheds a light on how public finance can be used to help ailing oil giants exploit a country's ressources under the guise of public assistance.
Watch the full documentary here:

For questions about the film or introductions to any of the protagonists and experts, please contact the Film's Director:

Shane Thomas McMillan, Independent Filmmaker -