The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments.

Shell (SHEL) shareholders ‌routed a climate activist resolution at the company's annual general meeting Tuesday, and easily reappointed CEO Wael Sawan and Chairman Andrew Mackenzie. The climate ...

One of the world's biggest oil companies says the pain may last into 2027.

Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest acquisition of ARC Resources, economic themes, and more.

Shell Plc Chief Executive Officer Wael Sawan said oil and liquefied natural gas shortages caused by the Strait of Hormuz blockade could continue for months and potentially into next year.

Earnings more than doubled—helped by oil trading and higher prices—but the energy major warned of lower production, launching a lower buyback than in previous quarters.

The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of that supply has simply not been produced. The gap is not closing. And one of the ...

Shell’s $16.4 billion acquisition of ARC Resources is set to increase production, expand reserves, and reinforce its long-term strategy, reflecting a broader shift by energy majors toward oil and gas ...

The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as ...

Shell shareholders ‌knocked back a climate activist resolution at Tuesday's annual general meeting, in a resounding show of support for CEO Wael Sawan and Chairman Andrew Mackenzie.