Crude Oil News Archives - Page 44 of 146

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

April 9, 2026April 9, 2026 Clark Savage370

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: […]

The Saudi East-West Pipeline has been attacked. Still functional, and damage assessment is underway.

April 9, 2026 Clark Savage437

This ~1,200 km (745-mile) pipeline, operated by Saudi Aramco, runs from the major eastern oil fields (near Abqaiq) across Saudi Arabia to export terminals at Yanbu on the Red Sea coast. It has a maximum capacity of about 5–7 million barrels per day (bpd) after upgrades and has served as a critical bypass for oil […]

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

April 8, 2026April 9, 2026 Clark Savage339

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 […]

California Running on Empty

April 7, 2026April 9, 2026 Clark Savage143

We are confirming the panel discussion for next Wednesday and are excited to visit with Professor Mische and Mike Ariza on this national crisis unfolding. This article is only a warm-up for next week and is really just my show notes to get questions ready. After sitting in on a town hall with Professor Mische […]

Hamm Tells Hart Energy: Continental Will Rig Up Across All Plays to Help US Allies

April 7, 2026April 9, 2026 Clark Savage168

In a clear signal that U.S. shale is ready to answer the call on global energy security, Continental Resources founder and Executive Chairman Harold Hamm told Hart Energy today that the company plans to rig up across all its plays to boost domestic production and support America’s allies. The exclusive interview, published this morning on HartEnergy.com, […]

Running on Empty: California’s Path to an Energy Catastrophe

April 3, 2026April 17, 2026 Clark Savage117

This was a hard-hitting discussion by Mike Ariza, Downstream Expert, fresh off last night’s Town Hall with Professor Mische and a host of other key people discussing the horrific National Security Crisis in California and how the Strait of Hormuz is about to impact the entire half of the United States. Yes, you heard that […]

Oil Prices Are Exploding – Who is Getting Impacted

April 2, 2026April 20, 2026 Clark Savage156

What a wild day, and last night’s President Trump speech left people scratching their heads. If you are a country pursuing Net Zero, you hear “Go Get Your Own Oil.” There is only one problem. None of them has any military capability to keep the Strait open. So the world is facing a huge split […]

Tanker Struck Just North of Dubai

March 31, 2026 Clark Savage225

In the latest escalation of maritime attacks in the Persian Gulf amid the ongoing Iran conflict, a fully laden Kuwaiti crude oil supertanker was struck early Tuesday by what authorities described as an Iranian drone or an unknown projectile while anchored in Dubai waters. The incident occurred at approximately 12:10 a.m. local time in Anchorage, […]

Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

March 30, 2026 Clark Savage426

In a dramatic escalation of the Iran conflict, Iranian drone strikes have repeatedly hammered the UAE’s Fujairah oil terminal — the critical endpoint of the Abu Dhabi Crude Oil Pipeline (ADCOP, also known as Habshan–Fujairah). This pipeline was one of the region’s primary bypass routes around the now-blocked Strait of Hormuz. Multiple attacks in mid-March […]

California’s Oil and Gas Crisis: Expert Warns of Full Scope of the Potential Danger

March 29, 2026 Clark Savage234

Is California on the precipice of social and economic collapse? ENB Pub Note: This article is from the California Globe by Katy Grimes, and she has appeared on the Energy News Beat several times discussing the California energy crisis caused by Gavin Newsom. David Blackmon, Stu Turley, and Mike Ariza will be recording a podcast […]

Category: Crude Oil News

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

The Saudi East-West Pipeline has been attacked. Still functional, and damage assessment is underway.

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

California Running on Empty

Hamm Tells Hart Energy: Continental Will Rig Up Across All Plays to Help US Allies

Running on Empty: California’s Path to an Energy Catastrophe

Oil Prices Are Exploding – Who is Getting Impacted

Tanker Struck Just North of Dubai

Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

California’s Oil and Gas Crisis: Expert Warns of Full Scope of the Potential Danger

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