Goldman Sachs has issued a stark warning: if the Strait of Hormuz remains largely closed to normal tanker traffic for just one more month, Brent crude is on track to average more than $100 per barrel through the rest of 2026 — and potentially the full year. The note, released Thursday after a fragile two-week […]
Continue Reading
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: […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
In a striking display of energy resilience, QatarEnergy has achieved a major milestone in the United States just as its core operations in Qatar face unprecedented disruption. On March 30, 2026, the Golden Pass LNG export terminal in Sabine Pass, Texas— a joint venture between QatarEnergy (70%) and ExxonMobil (30%)—produced its first liquefied natural gas […]
Continue Reading
A powerful Tropical Cyclone Narelle has forced Chevron to shut down production at its Wheatstone LNG facility in Western Australia, adding fresh pressure to an already strained global liquefied natural gas (LNG) market. The outage, which began on March 26-27, 2026, stems from storm damage to the offshore platform and onshore processing plant near Onslow. […]
Continue Reading
As the world’s largest oil and gas companies slash spending on low-carbon “transition” projects for the first time in eight years, one thing is crystal clear: U.S. oil majors are proving that fiscal discipline and bold upstream development are not mutually exclusive—they are the winning formula. According to BloombergNEF data highlighted in today’s Watts Up […]
Continue Reading
Toyota Motor North America today announced a major $1 billion investment across its manufacturing facilities in Kentucky and Indiana. This strategic expansion targets increased production of the popular Grand Highlander SUV while accelerating preparations for new battery electric vehicles (BEVs) at its flagship Kentucky plant. The move is the latest step in Toyota’s November 2025 […]
Continue Reading
This was a lot of fun with Ron as we covered his latest earnings reports from Liberty Energy, and the exciting direction for Liberty in the AI and Data Center space. In fact, as we were talking, I got the idea to have Ron on the podcast with Jon Brewton, CEO of Data2. We are […]
Continue Reading
Energy News Beat Exclusive March 23, 2026, In a notable pivot amid the escalating U.S.-Israeli conflict with Iran, President Donald Trump has directed Israel to cease attacks on key Iranian energy infrastructure, specifically targeting the world’s largest natural gas field. This move comes as tit-for-tat strikes on energy assets have already sent global oil and […]
Continue Reading