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Jordan Blum

Jordan Blum

Fortune

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Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

Smaller, private U.S. oil producers are beginning to ink deals in Venezuela as the dilapidated energy industry evolves.

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Fortune

Jordan Blum

The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls

Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.

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Fortune

Jordan Blum

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

Greenland Energy is facing almost 18 months of delays, but plans to drill for oil as soon as late 2027.

14.08.2026 20

Fortune

Jordan Blum

Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

Details of any tolling or voluntary fee system are unlikely to be finalized in any potential interim deal, further delaying a permanent peace...

12.08.2026 20

Fortune

Jordan Blum

Zach Dell aims to build a name for himself with Base Power

Zach Dell, who turns 30 this month, has built a home battery and tech business, successfully fundraising on a $13 billion valuation.

11.08.2026 10

Fortune

Jordan Blum

This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem

Deep Isolation is betting on drilling wells to bury nuclear waste if federal regulations evolve.

09.08.2026 20

Fortune

Jordan Blum

How Chevron became the AI darling of Big Oil

Chevron's West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

08.08.2026 30

Fortune

Jordan Blum

RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels

The Trump administration has agreed to pay more than $3 billion to cancel offshore wind projects since March.

06.08.2026 8

Fortune

Jordan Blum

ConocoPhillips CEO Ryan Lance steps down after 14 years and will be replaced by the CFO, a company lifer

Ryan Lance is ConocoPhillips' only CEO since the oil giant separated from Phillips 66 in 2012.

06.08.2026 10

Fortune

Jordan Blum

Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years old

Zach Dell is banking on a home electricity and battery rental business that offers backup power without buying an exorbitantly expensive system.

06.08.2026 30

Fortune

Jordan Blum

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan...

31.07.2026 10

Fortune

Jordan Blum

Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply

The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.

31.07.2026 8

Fortune

Jordan Blum

New Dow CEO drives ‘transformation’ back to profitability amid oil market upheaval

Karen Carter leans on U.S. profitability for global Dow turnaround amid cost cutting and restructuring.

30.07.2026 20

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Jordan Blum

Record heat gives way to winter gas fears in Europe, Asia as Iran war rages on

Natural gas prices are spiking and the cutthroat competition for cargoes is escalating.

28.07.2026 20

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Jordan Blum

Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold

Depleted emergency oil reserves create a dangerous game if the Strait of Hormuz and the Red Sea are effectively shuttered.

25.07.2026 20

Fortune

Jordan Blum

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan...

24.07.2026 20

Fortune

Jordan Blum

Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansion

The Iran war is spreading from sea to sea as attacks erupt in the Bab el-Mandeb Strait.

23.07.2026 10

Fortune

Jordan Blum

Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran

The global energy trade is likely changed forever by the outcome of the Iran war.

18.07.2026 20

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Jordan Blum

Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom

Mitsubishi's biggest buy ever is a big best on global gas demand and the AI boom.

14.07.2026 10

Fortune

Jordan Blum

Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

Global oil flows remain stunted as stockpiles are depleted, and demand is set to rise again.

12.07.2026 30

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Jordan Blum

How global energy markets built the ‘Amazon of oil’ logistics to keep prices from spiraling

Nations and companies can more easily and quickly divert petroleum shipments to hot spots thanks to modern technology.

09.07.2026 20

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Jordan Blum

How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college

See inside the race to scale up next-gen nuclear to power the AI data center boom.

04.07.2026 30

Fortune

Jordan Blum

Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners

The higher oil price environment may extend well into 2028 as the world refills its depleted energy reserves, analysts warned.

14.06.2026 20

Fortune

Jordan Blum

Inside the race to rebuild America’s fuel supply chain for a ‘second nuclear age’

A ‘second nuclear age’ looms, but the industry faces a major uranium problem.

13.06.2026 30

Fortune

Jordan Blum

U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

Middle Eastern oil flows are rising, but U.S. crude stockpiles are still depleting.

12.06.2026 20

Fortune

Jordan Blum

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump Administration has drained 66 million barrels from the SPR since the war in Iran began.

10.06.2026 30

Fortune

Jordan Blum

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder...

09.06.2026 20

Fortune

Jordan Blum

Union Pacific CEO responds to Trump idea for U.S. stake in $71.5 billion railroad mega merger: ‘We do not need anybody’s help to do this’

Union Pacific's CEO Jim Vena said he's not had any direct conversations with Trump about the government acquiring a 15% stake in the pending...

04.06.2026 20

Fortune

Jordan Blum

Trump floated the idea of a 15% government stake in a massive railroad merger

Trump did not name any specific companies, but Union Pacific's pending acquisition of Norfolk Southern is the only known railroad deal currently in...

29.05.2026 10

Fortune

Jordan Blum

The ‘imminent’ oil crisis isn’t at the pump—it’s under your hood

The U.S. is increasingly reliant on the Middle East for the specific base oils that comprise most modern motor oils and lubricants.

29.05.2026 30

Fortune

Jordan Blum

It took over a decade, but NextDecade’s longshot bet to lead Texas LNG is finally paying off

NextDecade has overcome industry doubters, the sudden death of its founder, and contentious legal fights with environmental groups to soon bring Rio...

24.05.2026 50

Fortune

Jordan Blum

Prices at the pump hit $4 a gallon in all 50 states—just as summer driving season begins

The average gasoline price could surge above $5 by the end of the summer if the war continues unabated.

20.05.2026 20

Fortune

Jordan Blum

High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

19.05.2026 40

Fortune

Jordan Blum

NextEra’s $67 billion Dominion takeover creates the world’s largest utility—just in time to win the AI data-center power surge

NextEra's move to buy Dominion is a big bet on scale and affordability to win over AI data center developers.

18.05.2026 20

Fortune

Jordan Blum

New NRG Energy CEO leans into growth with ‘bring your own power’ for the AI boom and affordability with ‘virtual power plants’

Robert Gaudette takes over ready to tackle the power constraints of AI and the affordability concerns of residents.

17.05.2026 90

Fortune

Jordan Blum

Fervo becomes clean energy’s biggest-ever IPO with $10B valuation—powered by the earth’s heat and AI’s hunger

Fervo is building its first commercial power plant project in Utah with goals to scale nationwide with the data center construction wave.

14.05.2026 50

Fortune

Jordan Blum

Frankenpipelines: Inside Trump’s bid to resurrect Keystone XL and stretch Dakota Access north

A patchwork of smaller, connected projects using existing pipe aims to resurrect Keystone XL and extend the Dakota Access Pipeline to Canada.

13.05.2026 40

Fortune

Jordan Blum

Oil developer Sentinel just got the U.S. and Japan to fund a deepwater terminal near Texas—but it won’t put a dent in spiraling prices until 2028

Sentinel Midstream's Texas GulfLink project will be built 30 miles offshore courtesy of an investment vehicle funded largely by Japan and the Trump...

08.05.2026 40

Fortune

Jordan Blum

Europe’s jet fuel supplies should fall below the key 23-day shortage threshold in June, so plan your travel accordingly

Europe, Asia, and Africa all face potentially dire jet fuel shortages. "There is little doubt there is going to be a disaster,” says one economist.

06.05.2026 40

Fortune

Jordan Blum

Top U.S. oil producer declares ‘green’ light on drilling for more oil amid Iran war

Diamondback is the largest U.S. oil producer to hike spending and drilling as a result of the Iran war thus far.

04.05.2026 20

Fortune

Jordan Blum

Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy delivery

Enbridge is feeding the growth of U.S. power demand and rising foreign reliance on North American oil and gas.

04.05.2026 50

Fortune

Jordan Blum

The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait

As the war over the Strait of Hormuz wages on, the U.S. is quietly gaining more influence over the Panama Canal and the straits of Malacca and...

02.05.2026 87500

Fortune

Jordan Blum

Exxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits

Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they're taking diverging paths in the booming Permian Basin.

01.05.2026 30

Fortune

Jordan Blum

Shell reverses course in Canada and buys ARC Resources for $14 billion, doubling down on oil and gas

The Montney is emerging as a hot oil and gas play as the U.S. shale basins mature.

27.04.2026 20

Fortune

Jordan Blum

Utility giant Duke Energy plans to spend industry record $103 billion on growth as data centers and affordability take center stage

Amazon, Microsoft, Google, and Meta are all expanding in the Duke service footprint.

25.04.2026 70

Fortune

Jordan Blum

California’s oil and jet fuel supply is getting slammed by a perfect storm of unfortunate timing—and help is years away

California's refinery closures near Los Angeles and San Francisco are occurring just as the Iran war limits global supplies.

24.04.2026 50

Fortune

Jordan Blum

Feud between AI power startup Fermi and its fired CEO and top shareholder heats up over proposed sale

The former CEO wants to sell the company to make money for shareholders rather than see Fermi's plans to fruition.

21.04.2026 30

Fortune

Jordan Blum

Halliburton CEO: U.S. oil is in the ‘early innings’ of a rebound—and a drilling ramp-up is coming

The smaller U.S. producers are the first movers bringing new oil wells online.

21.04.2026 40

Fortune

Jordan Blum

Struggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset

Fermi touts "acceleration in customer conversations" since the leadership changes.

20.04.2026 50

Fortune

Jordan Blum

Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now

Iran remains unwilling to give up its control over the Strait of Hormuz for now.

17.04.2026 30

Fortune

Jordan Blum