Big Oil

A refinery owned by Citgo, a subsidiary of PDVSA, the Venezuelan state owned oil company, sits along the I&M Canal on May 15, 2019 in Lemont, Illinois.
Energy

Paul Singer’s Elliott Management is one of the big winners in Venezuela’s forced sale of Citgo and the toppling of Maduro

By
January 9, 2026
US President Donald Trump, alongside Deputy Chief of Staff Stephen Miller, Secretary of State Marco Rubio, and US Secretary of Defense Pete Hegseth, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on January 3, 2026. President Trump said Saturday that US forces had captured Venezuelan leader Nicolas Maduro after launching a "large scale strike" on the South American country.
Energy

The U.S. naval blockade of Venezuela has cost $700 million already—and is rising by $9 million daily

By
January 8, 2026
US President Donald Trump, alongside Deputy Chief of Staff Stephen Miller, Secretary of State Marco Rubio, and U.S. Secretary of Defense Pete Hegseth, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on Jan. 3. Trump said U.S. forces had captured Venezuelan leader Nicolas Maduro after launching a "large scale strike" on the South American country.
Energy

President Trump stands ready to send U.S. Big Oil into Venezuela en masse, but the messy reality of rebuilding a ruined industry takes many years

By
January 6, 2026
Rubio, Trump
Energy

Trump’s strike on Venezuela gives the U.S. 30% of the world’s oil reserves on paper and a $100 billion rebuilding job in reality

By Sasha Rogelberg and Nick Lichtenberg
January 6, 2026
Woodside Energy CEO Meg O'Neill speaks while seated on the sidelines of an energy conference.
Newsletters

Big Oil gets its first female CEO as women quietly rise to the top of the energy industry

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December 18, 2025
Woodside Energy CEO Meg O'Neill speaks while seated on the sidelines of an energy conference.
Energy

Embattled BP replaces CEO, naming Woodside Energy chief as first-ever woman leader of a Big Oil giant

By
December 17, 2025
CARACAS, VENEZUELA - A member of the Bolivarian National Armed Forces holds an "Igla-S" rocket launcher during a military ceremony commemorating the 200th anniversary of the presentation of the 'Sword of Peru' to Venezuelan independence hero Simón Bolívar on November 25, 2025, in Caracas, Venezuela. The United States recently designated the "Cartel De Los Soles" (Cartel of The Suns) as a foreign terrorist organization, a group allegedly led by the president of Venezuela, Nicolas Maduro, and which, it is presumed, includes high-ranking members of the Venezuelan government.
Energy

Everything the Trump administration is doing in Venezuela involves oil and regime change—even if the White House won’t admit it

By
December 14, 2025
Canadian Prime Minister Mark Carney stands and speaks at a podium
Energy

Mark Carney says Canada’s trading relationship with the U.S. was ‘once a strength,’ but ‘now a weakness’

By Rob Gillies and The Associated Press
November 27, 2025
President Donald Trump and Saudi Crown Prince Mohammed bin Salman gesture as they meet delegations at the Royal Palace in Riyadh, Saudi Arabia, May 13, 2025.
Middle East

Trump expected to treat Saudi crown prince as a full ally, with multibillion-dollar deals on F-35s and AI infrastructure

By Aamer Madhani and The Associated Press
November 18, 2025
Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows
Energy

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

By
October 31, 2025
Houses sit damaged after flooding in Poza Rica, Veracruz state, Mexico, Sunday, Oct. 12, 2025.
North America

Deadly floods in Mexico that killed 76 people trigger a 5-mile oil spill that could ripple through the gulf economy

By
October 22, 2025
Venture Global cofounder and CEO Mike Sabel prepares to ring the opening bell at the New York Stock Exchange in January to celebrate VG's IPO.
Energy

Venture Global, America’s fastest-growing gas exporter, is facing its ‘slander’ era and it isn’t afraid of making enemies along the way

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September 25, 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
August 24, 2025
Embattled BP beats on earnings as it touts selling oil, not cups of coffee, as Wall Street pokes fun at its former CEO
Investing

Embattled BP beats on earnings as it touts selling oil, not cups of coffee, as Wall Street pokes fun at its former CEO

By
August 5, 2025
Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
Finance

Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian

By
August 1, 2025

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