Petroleum Refining

Indian Oil Corp Ltd (IOC), the country's top refiner, reported its first rise in profit in five quarters on Tuesday, as cooling crude prices bolstered its refining margins, sending its shares to their highest in more than one year. …

Diesel makes the economy go, but it was only last year that the price of the fuel became the stuff of dinner-table conversation.Retail diesel prices soared to an all-time high of $5.816 a gallon last June 19, part of the big run-up in…

BRUSSELS—The European Union proposed a ban on imports of Russian crude oil within six months and on refined oil products from the country by year-end, European Commission President Ursula von der Leyen said…

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 assemble Javelin antitank missiles…

Rising fuel prices are taking a toll on small businesses, prompting owners of everything from furniture retailers to swimming-pool service companies to trim services and revise contracts as they try to soften the financial hit.Keon…

Uber UBER 1.15% Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to drivers from mounting gas prices. The fuel…

Some of the world’s biggest media firms are preparing to do battle over a major prize in the global streaming wars: Indian cricket matches.The Board of Control for Cricket in India, the sport’s national governing body, plans this week to…

Utilities and startups are racing to build fast-charging networks for electric vehicles throughout the U.S. as auto makers bet their future on EVs. Regional alliances are emerging as utilities join with one another—and…