Saturday, August 30, 2025
ExxonMobil advances fifth oil development offshore Guyana- oil and gas 360

ExxonMobil advances fifth oil development offshore Guyana

World Oil (WO) – ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026. The $12.7 billion Uaru project plans to include up to 10

Tanker carrying oil for Chevron seized by Iran- oil and gas 360

Tanker carrying oil for Chevron seized by Iran

Oil Price A tanker carrying crude oil destined for Chevron has been seized by the Iranian Navy, the United States Navy said on Thursday. The tanker had reportedly been involved in a collision with an Iranian vessel in the Gulf of Oman. Iran’s Navy seized a Marshall Islands-flagged oil tanker, Advantage Sweet, in the Gulf of Oman shortly after the