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Equatorial Guinea

Lifting the Veil on Tens of Billions in Oil Company Payments to Governments

New reports to the Securities and Exchange Commission reveal payments around the globe. One takeaway? The U.S. government might be getting a bad deal.

By Nicholas Kusnetz

 A view of social housing in Malabo, Equatorial Guinea on Nov. 16, 2022. ExxonMobil distributed $189.2 million last year to the Equatorial Guinea government. Credit: Samuel Obiang/AFP via Getty Images

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