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Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
Energy
Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
Nepali consumers wait in line carrying empty LPG cylinders as they rush to gas depots to refill them as growing tensions in West Asia halt the supply in Kathmandu, Nepal, on March 12, 2026. People wait for hours hoping to refill their gas cylinders. While some manage to purchase filled cylinders, many others return empty-handed as supplies remain limited. The disruption follows the escalating conflict involving the United States, Israel, and Iran, which heightens tensions across the Gulf region. Shipping through the Strait of Hormuz, a key maritime route bordering Iran, the United Arab Emirates, and Oman, is also affected by the conflict, disrupting the transport of gas and petroleum products. The impact is now felt in markets around the world.
Energy
Exxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price
By Jordan BlumMarch 12, 2026
A member of the Kurdish security forces guards an oil refinery on the outskirts of Mosul, Iraq, in June 2014.
Energy
Big Oil embraces global exploration again as Chevron returns to Libya
By Jordan BlumFebruary 11, 2026
A Very Large Crude Carrier from Greece unloads in China in 2020.
Energy
The Trump administration is touting approvals for oil-exporting hubs in the Gulf of Mexico—but no one seems to want to build them
By Jordan BlumFebruary 10, 2026
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
Energy
Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead
By Jordan BlumJanuary 30, 2026
Secretary of State Marco Rubio looks on as US President Donald Trump speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida.
Energy
Trump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms
By Jordan BlumJanuary 9, 2026
Trump
Energy
Trump: Venezuela to sell 30m-50m barrels of ‘high quality’ oil to U.S. at market price
By Regina Garcia Cano, Aamer Madhani, Megan Janetsky and The Associated PressJanuary 6, 2026
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Energy
Energy stocks rip as JP Morgan estimates the U.S. could hold 30% of all the world’s oil
By Michelle Chapman and The Associated PressJanuary 5, 2026
‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’
Energy
‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’
By Marco Quiroz-GutierrezJanuary 5, 2026
A fire burns Oct. 3 at Chevron El Segundo refinery outside of Los Angeles. A big explosion late on Oct. 2 produced a large orange blaze that could be seen from miles away from the refinery.
Energy
California’s ‘impossible’ dream of ending fossil fuels isn’t working, and now it’s looking at price spikes and shortages
By Jordan BlumOctober 9, 2025
Aerial view of the the Guyana Shore Base, an Exxon Mobil associate in oil discoveries, in Georgetown, Guyana on August 29, 2025.
Energy
Exxon Mobil approves $6.8B oil expansion offshore of Guyana—its first with rival Chevron as new partner
By Jordan BlumSeptember 22, 2025
A Liberty Energy oilfield worker sits in the data van monitoring automated fracking operations occurring outside the window at a well site.
Energy
Grease-smeared ‘roughnecks’ are the classic staple of the oilfield. Now they’re vanishing in favor of AI-trained data crunchers
By Jordan BlumSeptember 13, 2025
Chevron’s president explains how the company transformed the historically boom-and-bust shale business into a steadily profitable enterprise
Energy
Chevron’s president explains how the company transformed the historically boom-and-bust shale business into a steadily profitable enterprise
By Jordan BlumAugust 24, 2025
Oil and fuel prices hang in the balance as Trump and Putin meet to broker peace
Politics
Oil and fuel prices hang in the balance as Trump and Putin meet to broker peace
By Jordan BlumAugust 15, 2025
The 5 biggest global business rivalries to watch, and how their outcomes will shape the future
Magazine
The 5 biggest global business rivalries to watch, and how their outcomes will shape the future
By Fortune StaffAugust 5, 2025
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Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaiiplaceholder alt text
By Sasha RogelbergJuly 2, 2026
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