On a more upbeat note, oil production is set to be slightly higher than planned, refining margins rose from the previous quarter, and the company signaled a strong quarter for oil trading.

(Credit: Jake Randall) The UK’s advertising regulator has banned an advert for French oil giant TotalEnergies about its renewable energy investments for being “misleading,” following a complaint from ...

Shell Plc’s sprawling in-house trading operation — which includes oil, natural gas and electricity — hasn’t lost money during a single quarter over the last decade, said Chief Executive ...