Category: Big Oil Companies

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Chevron Faces Smaller Mideast Disruptions Than ExxonMobil Amid Iran War – A Side-by-Side Comparison

Clark Savage150

While ExxonMobil disclosed a clear 6% hit to its global first-quarter 2026 production from the Iran conflict—centered heavily on damaged Qatar LNG infrastructure—Chevron’s exposure appears materially lower and more temporary. Chevron has not issued a comparable company-specific production-loss figure, and analysts (including HSBC) highlight its lighter Middle East footprint relative to Exxon. The net result: […]

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ExxonMobil Sees 6% of Global Output Impacted by Iran War, But What Does This Mean for Q1 and Q2?

Clark Savage199

ExxonMobil Corp. (XOM) disclosed on April 8, 2026, that the ongoing Iran war has knocked out approximately 6% of its global first-quarter production. The disruption stems from widespread paralysis in Persian Gulf energy infrastructure, including direct hits on facilities where Exxon holds stakes. While the volume loss is notable, sharply higher oil and LNG prices […]

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Oil & Gas Rally Leaves S&P 500 Behind in Record-Breaking RunEnergy investors are finally getting their moment in the sun — and it’s not even close

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Energy investors are finally getting their moment in the sun — and it’s not even close. While the broader S&P 500 is down 4.6% year-to-date in 2026, the S&P 500 Energy Sector has exploded higher by 36.5%, posting its widest outperformance margin on record. The sector just notched a 14-week winning streak — smashing the […]

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California ‘engineered the conditions’ for gas crisis hammering state harder than nation

Clark Savage74

California didn’t just inherit sky-high fuel prices — state leaders engineered them through decades of policy choices that have now collided with a global energy shock. While the national average for regular gasoline hovers around $4.00–$4.06 per gallon (up sharply from ~$2.98 a month ago), Californians are paying $5.71–$5.89 for regular gas and a record […]

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Saudi Pipeline Hits 7 Million BPD Goal Bypassing the Strait of Hormuz

Clark Savage120

In a remarkable display of strategic foresight and engineering resilience, Saudi Arabia has ramped its East-West Pipeline—also known as the Petroline—to full capacity of 7 million barrels per day (bpd), fully bypassing the disrupted Strait of Hormuz. This milestone comes at a critical moment. The ongoing Iran conflict has effectively closed the Strait of Hormuz […]

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