But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.

The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.

Henrik Stiesdal helped design the first modern wind turbines. A thousand patents later, he’s a green tech entrepreneur rolling out new innovations.

Once Europe’s mainstay source of natural gas, Russia’s pipeline exports this year are now likely to be half of last year’s total, analysts and the...

The undersea connection between a Dutch wind farm and Britain could be a step toward more renewable energy to counter Russia and tackle climate change.

It is now the continent’s largest supplier of natural gas, and last year the country’s energy earnings jumped $100 billion.

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in...

Richard Branson’s satellite launch company, which hasn’t recovered since a January mishap in Britain, has laid off nearly all its employees.

Saudi Arabia’s national oil company earned $161 billion last year, a nearly 50 percent jump over 2021, and said demand for oil would continue.

Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.