Saturday, August 29, 2026
Exxon plans large-scale gas project in oil-dominated Guyana- oil and gas 360

Exxon plans large-scale gas project in oil-dominated Guyana

(Investing) – GEORGETOWN – U.S. oil major Exxon Mobil (NYSE:XOM) is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government’s call for more gas to fuel onshore power and petrochemical projects. The “Wales Gas Vision”, outlined by Exxon’s Guyana head, Alistair Routledge, is set to provide gas for the production of fertilizers

Wood to operate landmark Wyoming carbon capture plant backed by DOE- oil and gas 360

Wood to operate landmark Wyoming carbon capture plant backed by DOE

(World Oil) – ​Wood has been selected to provide operations and maintenance solutions for MTR Carbon Capture at the world’s largest membrane-based carbon capture plant in Gillette, Wyoming, the consulting and engineering firm announced. The facility, which is based at the Wyoming Integrated Test Center (ITC) and managed by the University of Wyoming, is part of the U.S. Department of

Pair of large quakes rattle Texas oil patch, putting spotlight on water disposal - oil and gas 360

Pair of large quakes rattle Texas oil patch, putting spotlight on water disposal

(BOE Report) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have rattled the Texas oil industry and put a fresh spotlight on the water disposal practices that can lead to increases in seismic activity, industry consultants said on Tuesday. A magnitude 5.0 quake struck on Feb. 14, followed by a magnitude 4.7 temblor

Oil rises on supply concerns as market awaits clarity on sanctions- oil and gas 360

Oil rises on supply concerns as market awaits clarity on sanctions

(Investing) – NEW YORK  – Oil prices rose about 1% to a one-week high on Wednesday on worries about supply disruptions in Russia and the U.S., while the market awaits clarity on sanctions as the U.S. attempts to broker a deal to end the war in Ukraine. Brent futures were up 65 cents, or 0.9%, at $76.49 a barrel by 10:38 a.m.