Chevron is preparing to sign preliminary agreements to invest in Iraqi oil fields Nasiriyah and West-Qurna-2 and is considering rebuilding a pipeline from Kirkuk, Iraq, to the Syrian port of Baniyas. This move aims to bypass the Strait of Hormuz, a critical but currently unstable route for global oil supplies due to renewed US-Iran conflicts. The pipeline, damaged in 2003, could help secure energy transport amid ongoing Middle East tensions and rising fuel prices in the US. Talks are ongoing with the Iraqi government, and the project is still in early stages, with diplomatic support from the US government.
Oil shipments through the Strait of Hormuz are below pre-war levels due to Iranian control claims and regional tensions. While Iran asserts tight control, the US Navy escorts some shipments, keeping flow significant. Recent talks between Iran and Oma...
Three well-known dividend stocks—Pfizer, UPS, and Chevron—are trading well below their five-year highs but continue to offer strong dividend yields of over 3.4% to 6.4%. Each company’s CEO has publicly committed to maintaining or growing dividends, s...
Investing in three blue-chip dividend stocks—Altria, AbbVie, and Chevron—each paying dividends quarterly on different schedules, can create a monthly income stream throughout the year. Altria pays in January, April, July, and October with a high yiel...
The US Strategic Petroleum Reserve (SPR) dropped to 289.7 million barrels, its lowest since 1982, due to releases made to offset oil supply disruptions from the Iran conflict and Strait of Hormuz tensions. This reduction limits the US's ability to re...
ExxonMobil and Chevron both reported strong Q2 earnings and raised dividends for 2026, but their approaches differ. Chevron's dividend yield is higher at 3.39%, boosted by acquisitions like Hess and new projects such as a power deal with Microsoft. E...
