Activist hedge fund Third Point LLC told clients it has increased its stake in Shell PLC and is still pushing the oil giant to restructure, six months after calling for…

Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers are standing pat, or even letting production decline, and instead…

LONDON—Shell PLC said it took a $3.9 billion posttax charge related to its decision to exit Russia, only slightly denting an otherwise strong quarter bolstered by soaring commodity prices. The…

BRUSSELS—The European Union proposed a ban on imports of Russian crude within six months and on refined oil products from the country by year-end, sending crude prices higher as member…

President Biden on Tuesday visited the Lockheed Martin Corp. plant in Troy, Ala., where the defense company is hunting for workers in the tightest labor market in 50 years to…

The European Union is proposing a phased-in embargo on Russian oil imports, the delisting of more Russian banks from the Swift payment messaging system and fresh sanctions targeted at people…

American utilities are anticipating a significant slowdown in the build-out of new solar farms amid a U.S. probe into Asian solar panels that has created uncertainty for developers and manufacturers…

Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward investors while keeping production roughly flat. Exxon XOM -2.39% Mobil…

Iran is ramping up oil exports and benefiting from a rise in oil prices as its main buyer, China, pulls back on its purchases of Russian oil due to the…

Germany—which had been one of the main opponents of sanctioning the European Union’s oil and gas trade with Moscow—is now ready to stop buying Russian oil, clearing the way for…