Marcin Frąckiewicz

Woodside Energy Restarts North West Shelf LNG After Cyclone as Australia Eyes Gas Security

Woodside Energy Restarts North West Shelf LNG After Cyclone as Australia Eyes Gas Security

Woodside Energy has restarted LNG and domestic gas production at its North West Shelf project in Western Australia after Cyclone Narelle halted operations. Chevron’s Wheatstone LNG plant remains fully offline, with repairs expected to take weeks. The Australian government may trigger the ADGSM to secure local gas supply as east-coast shortages loom. Brent crude closed at $109.03 a barrel, up nearly 8% amid ongoing supply concerns.
April 2, 2026
BHP closes $4.3 billion Antamina silver deal, unlocking cash for copper push

BHP closes $4.3 billion Antamina silver deal, unlocking cash for copper push

BHP Group received a $4.3 billion upfront payment from Wheaton Precious Metals after finalizing a silver streaming deal tied to its share of Peru’s Antamina mine output. The agreement gives Wheaton rights to 33.75% of BHP’s silver from Antamina until 100 million ounces are delivered, then 22.5% after, with settlement via metal credits. BHP retains full exposure to copper, zinc, and lead from the mine.
April 2, 2026
Stellantis, Leapmotor Explore Brampton EV Production as C10 “Leap Mode” Proves Fictional

Stellantis, Leapmotor Explore Brampton EV Production as C10 “Leap Mode” Proves Fictional

Stellantis is in early talks with China’s Leapmotor to build electric vehicles at its idled Brampton, Ontario, plant, Bloomberg reported Thursday. Stellantis shares rose 4.1% in Milan after the news. The discussions follow Canada’s recent move to lower tariffs on some Chinese EVs and seek joint-venture investment. Stellantis holds a 21% stake in Leapmotor and controls Leapmotor International.
April 2, 2026
RELX PLC Reaffirms Strong 2026 Outlook in April Investor Update as AI Fears Linger

RELX PLC Reaffirms Strong 2026 Outlook in April Investor Update as AI Fears Linger

RELX reaffirmed its forecast for strong revenue and adjusted operating profit growth in a new investor presentation Thursday. The company reported 2025 revenue of £9.6 billion and an adjusted operating margin of 34.8%. RELX shares remain down 36% over the past year amid investor concerns about AI competition. The group is conducting a £350 million share buyback through April 22.
April 2, 2026
UK Diesel Hits £2 a Litre in Southern England as Record March Fuel Rise Squeezes Drivers

UK Diesel Hits £2 a Litre in Southern England as Record March Fuel Rise Squeezes Drivers

UK diesel prices neared £2 a litre at some southern England stations this week, with March seeing record monthly increases amid Middle East tensions and rising crude. RAC data showed average diesel up 40p to 182.77p a litre, pushing a 55-litre fill above £100 for the first time since 2022. Asda reported temporary shortages at some sites, but industry groups said national supply remains stable. Brent crude traded near $107.50 a barrel Thursday.
April 2, 2026
Prudential plc fixes $13.83 scrip dividend price as 2026 buyback rolls on

Prudential plc fixes $13.83 scrip dividend price as 2026 buyback rolls on

Steven, 60, missing from Ingoldmells near Skegness since March 26, was found Wednesday, ending a police appeal. Petrol prices in Skegness ranged from 149.7p to 155.9p per litre on Thursday, with nearby Mablethorpe stations posting up to 163.9p. Police expect over 250,000 daily visitors on the Lincolnshire coast for Easter, with heavy traffic and increased patrols planned.
April 2, 2026
Aviva plc says accidental damage now tops home insurance claims as costs jump 63%

Aviva plc says accidental damage now tops home insurance claims as costs jump 63%

Accidental damage accounted for 32% of Aviva’s home insurance claims over four years, with average claim values up 63% to £1,869 in 2026. Property insurance claims across the UK hit a record £6.1 billion in 2025, while average premiums fell to £379. Televisions made up 18% of Aviva’s accidental-damage claims. Aviva reports first-quarter results on May 14.
April 2, 2026
International Consolidated Airlines Group SA Exits TAP Sale, Leaving Lufthansa and Air France-KLM to Compete for Portugal’s Flag Carrier

International Consolidated Airlines Group SA Exits TAP Sale, Leaving Lufthansa and Air France-KLM to Compete for Portugal’s Flag Carrier

International Consolidated Airlines Group has withdrawn from bidding for a minority stake in TAP Air Portugal, leaving Lufthansa and Air France-KLM as the only known contenders. Portugal is selling 44.9% of TAP, with non-binding offers due Thursday. IAG cited a lack of a path to majority control and will focus on internal growth. TAP’s Lisbon slots and South Atlantic routes remain the main attractions for bidders.
April 2, 2026
UK Stock Market Today: FTSE 100 Ends Higher as BP, Shell Ride Oil Spike

UK Stock Market Today: FTSE 100 Ends Higher as BP, Shell Ride Oil Spike

London’s FTSE 100 rose 0.6% Thursday, led by Shell, BP, and AstraZeneca, after Britain announced talks on reopening the Strait of Hormuz. The FTSE 250 fell 0.2%. U.S. crude surged over 11% as President Trump signaled intensified attacks on Iran. A Bank of England survey showed firms expect higher price increases, with traders now fully pricing in two rate hikes this year.
April 2, 2026
Australia Stock Market Today: ASX 200 Falls 1.1% as Iran War Fears Hit Shares Before Easter Break

Australia Stock Market Today: ASX 200 Falls 1.1% as Iran War Fears Hit Shares Before Easter Break

Australian shares fell 1.1% Thursday, their steepest drop since March, after U.S. President Trump signaled more strikes on Iran with no end date for the war. Miners led losses as Rio Tinto dropped 3.3% and BHP 2.5%. The Australian dollar slid 0.6% to $0.6882. Prime Minister Albanese announced up to A$1 billion in interest-free loans for critical businesses as fuel market disruptions deepen.
April 2, 2026
Glasgow Subway under fresh pressure after both circles suspended as access campaign grows

Glasgow Subway under fresh pressure after both circles suspended as access campaign grows

Both circles of Glasgow’s Subway were suspended Thursday afternoon amid an unspecified issue, local media reported, intensifying criticism from disability campaigners over poor accessibility. Only Govan and St Enoch stations have elevators, leaving wheelchair users with limited options despite ongoing system upgrades. SPT says it is committed to improving access but has not expanded lift access beyond the two stations.
April 2, 2026
Rochdale Appoints Rachel Laver to Lead Growth Push as Police Impose 48-Hour Town Centre Order

Rochdale Appoints Rachel Laver to Lead Growth Push as Police Impose 48-Hour Town Centre Order

Rachel Laver was named managing director of Rochdale Development Agency on Thursday, as Greater Manchester Police imposed a 48-hour dispersal order in Rochdale town centre following reports of anti-social behaviour and criminal damage. The Sustainable Materials and Manufacturing Centre, part of the Atom Valley cluster, is set to receive up to £15 million from the Good Growth Fund and aims for completion by summer 2026.
April 2, 2026
British American Tobacco p.l.c. Hits Fresh FDA Hurdle as Velo Pouch Review Slows

British American Tobacco p.l.c. Hits Fresh FDA Hurdle as Velo Pouch Review Slows

British American Tobacco’s Velo nicotine pouch applications remain pending after a fast-track FDA review slowed, reviving uncertainty over its U.S. growth plans. BAT shares fell 1.5% on news of the delay but rebounded 1.6% the next day. The FDA gave no timeline for a decision but said reviews are moving faster than most. Velo is now BAT’s No. 2 smokeless brand by U.S. volume and value share.
April 2, 2026
SSE PLC Raises FY26 Earnings Guidance as Renewables Output Climbs, Grid Spend Accelerates

SSE PLC Raises FY26 Earnings Guidance as Renewables Output Climbs, Grid Spend Accelerates

SSE raised the lower end of its full-year earnings guidance to 147–152 pence per share after stronger renewable output and higher network spending. Renewable generation for 2025/26 is expected to reach 14.5 TWh, up 10% year-on-year. Group capital spending stands at about £3.5 billion, with adjusted net debt and hybrid capital just over £10 billion at March 31. Shares were little changed in early trading.
April 2, 2026
GSK plc simplifies ViiV Healthcare ownership as Pfizer exits and Shionogi raises stake

GSK plc simplifies ViiV Healthcare ownership as Pfizer exits and Shionogi raises stake

GSK completed a reshaping of ViiV Healthcare’s ownership on April 1, with Shionogi raising its stake to 21.7% after Pfizer exited the HIV-focused venture. ViiV issued new shares to Shionogi for $2.125 billion and cancelled Pfizer’s holding. GSK retained a 78.3% majority and took a $250 million special dividend. The deal extinguished a put option liability tied to the old structure.
April 2, 2026
Glencore Pushes South Africa Smelter Job-Cut Deadline to April 7 as Eskom Talks Enter Final Week

Glencore Pushes South Africa Smelter Job-Cut Deadline to April 7 as Eskom Talks Enter Final Week

Glencore’s South African ferrochrome venture has extended its layoff deadline to April 7 after Eskom requested more time to finalize approval of a 62 cent/kWh power tariff. Only 11 of 66 smelters are running, with Glencore warning up to 1,500 jobs are at risk if no deal is reached. The tariff, approved in principle, still requires final sign-off from Eskom and South Africa’s energy regulator.
April 2, 2026
Centrica plc AGM 2026: British Gas owner seeks fresh buyback authority as 3.67p dividend vote looms

Centrica plc AGM 2026: British Gas owner seeks fresh buyback authority as 3.67p dividend vote looms

Centrica will seek shareholder approval on May 7 to renew authority to buy back up to 460.5 million shares and approve a 3.67-pence final dividend. The company paused buybacks in February after reporting a 39% drop in annual core profit. The proposed repurchase covers about a tenth of Centrica’s voting shares. If approved, the final dividend will be paid May 14 to investors on the register as of April 10.
April 2, 2026
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