Marcin Frąckiewicz

BP PLC CEO Meg O’Neill Promises Consistency as Debt Reset Faces First Test (Reuters)
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BP PLC CEO Meg O’Neill Promises Consistency as Debt Reset Faces First Test (Reuters)

Meg O’Neill, BP’s first external and first female CEO, pledged “clear direction and consistency” as she took over, promising continuity in oil and gas. BP halted share buybacks in February to cut debt and fund projects, with net debt at $22 billion and next results due April 28. O’Neill inherits a weaker balance sheet than rivals. Asset sales have reached $11 billion toward a $20 billion target by 2027.
April 1, 2026
Rolls-Royce SMR Project Moves Closer to Wylfa Build After £300 Million Contract Award
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Rolls-Royce SMR Project Moves Closer to Wylfa Build After £300 Million Contract Award

Great British Energy-Nuclear awarded a contract worth up to £300 million to an Amentum-Cavendish Nuclear joint venture for the Wylfa small modular reactor project in North Wales. The 14-year agreement will support deployment of Rolls-Royce SMR technology. Britain selected Rolls-Royce SMR for the site in 2025, with the first units planned for the mid-2030s. Rolls-Royce expects regulatory design approval by December 2026.
April 1, 2026
Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas Near Trinidad as LNG Crunch Deepens
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Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas Near Trinidad as LNG Crunch Deepens

Shell is in advanced talks with Venezuela to develop four offshore gas areas near Trinidad, potentially unlocking about 20 trillion cubic feet of gas for Atlantic LNG. The move comes as global LNG prices surge 85% since late February after the Iran war disrupted Qatari supply. Chevron may exit stakes in Loran, opening room for Shell. Russian interests and U.S. sanctions remain obstacles to final agreements.
April 1, 2026
Westpac Banking Corporation Warns RBA Could Hike Three More Times, Cash Rate Seen at 4.85%
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Westpac Banking Corporation Warns RBA Could Hike Three More Times, Cash Rate Seen at 4.85%

Westpac expects the Reserve Bank of Australia to raise the cash rate three more times this year, reaching 4.85% by August, citing inflation from Middle East fuel disruptions. The bank’s customers began paying higher mortgage rates from March 31 after Westpac passed on the RBA’s last increase. Peers NAB and ANZ forecast fewer hikes. Markets remain cautious, with traders pricing in a lower chance of further rises.
April 1, 2026
UK Mortgage Rates Jump, Homebuyers Retreat as Iran War Threatens House Price Rebound
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UK Mortgage Rates Jump, Homebuyers Retreat as Iran War Threatens House Price Rebound

UK house prices rose 0.9% in March, the biggest monthly gain since December 2024, according to Nationwide, lifting the average to £277,186. Mortgage rates jumped, with average two- and five-year fixes above 5.3%, and buyer enquiries in March fell 13% from a year earlier, Zoopla said. Regional price growth varied sharply, with Northern Ireland up 9.5% and East Anglia down.
April 1, 2026
American Express Replaces Visa as NFL Payments Partner, Leaves XRP Speculation Behind
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American Express Replaces Visa as NFL Payments Partner, Leaves XRP Speculation Behind

American Express will replace Visa as the NFL’s official payments partner starting with the 2026 season under a multi-year global deal announced Monday. AmEx cardholders gain access to ticket presales, promotions, and on-site experiences at select NFL events, including international games. Visa’s league-wide sponsorship expired this month after nearly 30 years. Terms of the new agreement were not disclosed.
April 1, 2026
National Australia Bank Says It Contacted 200,000 Businesses as Fuel Costs and Rate Risks Mount

National Australia Bank Says It Contacted 200,000 Businesses as Fuel Costs and Rate Risks Mount

National Australia Bank said it contacted nearly 200,000 business customers since early March to assess the impact of surging fuel prices, with most managing without hardship help. The outreach follows a 59% jump in Brent crude in March and government moves to cut fuel taxes. NAB’s Consumer Stress Index hit its highest since 2014, while the bank and rivals raised home-loan rates after the RBA’s March hike.
March 31, 2026
Woodside Energy Group Ltd Resets Browse Carbon Capture Plan Under Australia’s New Law
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Woodside Energy Group Ltd Resets Browse Carbon Capture Plan Under Australia’s New Law

Woodside Energy has withdrawn its Browse carbon capture and storage proposal from Australia’s federal approvals process and plans to refile under new environment laws. The move keeps the emissions plan for the Browse gas project active. The Browse project is intended to supply the North West Shelf LNG plant, which received approval last year to operate until 2070. Woodside has not provided a timetable for the new filing.
March 31, 2026
BHP Group Ltd shares jump 5% as China PMI surprise lifts miners (Reuters)
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BHP Group Ltd shares jump 5% as China PMI surprise lifts miners (Reuters)

BHP Group’s U.S. shares rose 5.4% to $72.74 Tuesday after Chinese factory data showed the fastest expansion in a year, lifting mining stocks. China’s official PMI climbed to 50.4 in March, beating forecasts. Iron ore futures stayed near $106 a ton as traders balanced stronger steel demand with high inventories and energy costs. BHP faces an operational review April 22 amid ongoing pressure from Chinese import restrictions.
March 31, 2026
Macquarie Share Price Outlook: Analysts Still See 16% Upside After Volatile March
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Macquarie Share Price Outlook: Analysts Still See 16% Upside After Volatile March

Macquarie Group shares closed March 31 at A$201.93, with broker targets averaging A$233.70 for the next year, according to MarketScreener. The company reports full-year results May 8 after assets under management rose 3% last quarter to A$736.1 billion. RBA minutes show uncertainty on rates, and Macquarie recently withdrew from a Kuwait pipeline bid due to Middle East conflict.
March 31, 2026
Anglo American Shares Rebound as Teck Merger Timeline, Chile Copper Bet Stay in Focus
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Anglo American Shares Rebound as Teck Merger Timeline, Chile Copper Bet Stay in Focus

Anglo American shares closed at 3,153 pence Tuesday, rebounding from Monday but still far below late February levels. The miner is pushing ahead with a $53 billion all-stock merger with Teck Resources and plans to delist from Switzerland in June. Anglo reported $6.4 billion underlying EBITDA for 2025 but posted a $3.7 billion loss after a De Beers writedown. Chile’s antitrust regulator cleared a copper venture with Codelco last week.
March 31, 2026
Vodafone Group PLC Accelerates Share Buyback With 5.4 Million Shares Ahead of Year-End
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Vodafone Group PLC Accelerates Share Buyback With 5.4 Million Shares Ahead of Year-End

Vodafone bought 5.4 million shares for treasury on Tuesday, more than doubling its buyback pace as the financial year closed. The company paid an average 111.74 pence per share. Vodafone now holds over 1.2 billion treasury shares, with 23.1 billion shares outstanding. The buyback follows the cancellation of 549.6 million treasury shares and the sale of its VodafoneZiggo stake.
March 31, 2026
National Grid plc seals £3 billion Eastern Green Link 4 contracts ahead of RIIO-3 start
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National Grid plc seals £3 billion Eastern Green Link 4 contracts ahead of RIIO-3 start

National Grid and SP Energy Networks confirmed £3 billion in supply-chain contracts for Eastern Green Link 4, a 2-gigawatt subsea power link between Scotland and England. Siemens Energy will supply converter stations and Prysmian the cable system. The announcement comes as Britain enters a new five-year price-control period for network owners on April 1. Construction on EGL4 remains subject to planning consent.
March 31, 2026
Oracle Starts Thousands of Layoffs as $50 Billion AI Push Lifts Shares
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Oracle Starts Thousands of Layoffs as $50 Billion AI Push Lifts Shares

Oracle began laying off thousands of employees Tuesday, with internal emails telling some staff their last day was immediate, according to CNBC and Business Insider. The cuts come as Oracle maintains a $50 billion data center spending plan and reported negative free cash flow of $24.7 billion at February’s end. Shares rose 4.7% to $145.28 in midday trading. Oracle declined to comment.
March 31, 2026
Australia to Ban Debit and Credit Card Surcharges From October as RBA Cuts Fees
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Australia to Ban Debit and Credit Card Surcharges From October as RBA Cuts Fees

Australia will ban surcharges on debit and credit card payments via eftpos, Visa, and Mastercard from Oct. 1, after the Reserve Bank found the fees were no longer transparent. The RBA expects businesses to save about A$910 million a year, while consumers currently pay around A$1.6 billion annually in surcharges. Interchange fee caps will also be reduced from 2027. Some banks warn they may offset lost revenue with other charges.
March 31, 2026
SSE Plc files 90-MW Offaly wind farm plan as Ireland pushes for more renewable power

SSE Plc files 90-MW Offaly wind farm plan as Ireland pushes for more renewable power

SSE Plc and BnM have filed for planning approval to build a 90-MW wind farm with 15 turbines in County Offaly, Ireland. The Lemanaghan project, part of a 50:50 joint venture, could power 65,700 homes annually and create up to 120 construction jobs. SSE’s application comes days before its year-end market update, as Ireland pushes for 80% renewable electricity by 2030.
March 31, 2026
Australia Stock Market Today: ASX 200 Rebounds at Close, Still Suffers Worst Month Since 2022
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Australia Stock Market Today: ASX 200 Rebounds at Close, Still Suffers Worst Month Since 2022

Australia’s S&P/ASX 200 rose 0.3% to 8,481.80 on March’s final day, but still posted its steepest monthly drop since June 2022. Financials and tech hit multi-year lows as oil prices and rate hike fears weighed on sentiment. Consumer confidence fell to a record low of 58.8. Miners headed for their worst month since 2015, while energy stocks surged on oil above $100.
March 31, 2026
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