This happens every few decades. The supermajors (ExxonMobil, Chevron, BP, Total, Shell) are all structured to survive events like this. Smaller upstream compani

This happens every few decades. The supermajors (ExxonMobil, Chevron, BP, Total, Shell) are all structured to survive events like this. Smaller upstream companies and suppliers are going to get wiped out, but the supermajors will persist.