Energy 15 May 2026 - 22 May 2026

Weatherford Shares Slip After ExxonMobil Nigeria News
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Weatherford Shares Slip After ExxonMobil Nigeria News

Weatherford International shares fell 1.1% to $108.79 Friday after announcing a new deepwater completions contract with ExxonMobil’s Nigerian affiliate. The company did not disclose the contract value. Investors weighed the deal against ongoing Middle East disruptions and uneven regional activity. First-quarter revenue dropped 3% to $1.15 billion, while net income rose 42% to $108 million.
May 23, 2026
Turbo Energy Shares Slip Ahead of Memorial Day as Some Traders Hold Back
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Turbo Energy Shares Slip Ahead of Memorial Day as Some Traders Hold Back

Turbo Energy S.A.’s U.S.-listed shares fell 5.4% to $1.14 Friday afternoon, despite reporting 107% revenue growth and a narrowed net loss for 2025. Trading volume was light ahead of the Memorial Day market closure. The stock’s drop contrasted with gains in other solar and storage names. Turbo cited new capital raises and large Spanish industrial contracts but warned of customer concentration and ongoing risks.
May 22, 2026
X-Energy Shares Hit Wall Street After IPO With Focus On Nuclear Potential
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X-Energy Shares Hit Wall Street After IPO With Focus On Nuclear Potential

X-Energy shares held near $29 on Friday, about a month after its $23 Nasdaq IPO that raised $1.02 billion. The company will report first-quarter results June 4, its first as a public firm. Analysts have turned mostly positive, with price targets ranging from $28 to $57. The U.S. Nuclear Regulatory Commission cleared an environmental review for X-Energy’s Long Mott project in Texas this week.
May 22, 2026
Kolibri Global Energy Shares Dip Despite Oil Move
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Kolibri Global Energy Shares Dip Despite Oil Move

Kolibri Global Energy shares fell 10 cents to $6.14 in midday Nasdaq trading Thursday, despite reporting record first-quarter net revenue of $19.6 million. Net income dropped to $4 million after a $2.9 million unrealized loss on commodity contracts. Oil prices climbed about 3% on renewed Iran supply concerns. Kolibri’s production averaged 4,685 BOEPD, with three new wells being drilled.
May 21, 2026
Shell’s Oil Bet Just Won a Fresh Investor Test as Qatar Deal Extends Reach
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Shell’s Oil Bet Just Won a Fresh Investor Test as Qatar Deal Extends Reach

Shell shareholders rejected a climate activist resolution by 86.99% and reappointed CEO Wael Sawan with 98.86% support at Tuesday’s annual meeting. Shell’s first-quarter adjusted earnings rose to $6.92 billion, but operating cash flow fell to $6.1 billion after a large working-capital outflow. Shares edged up 0.18% in mid-session London trade. QatarEnergy acquired interests in three Uruguay offshore blocks from a Shell unit.
May 20, 2026
BP Faces More Uncertainty on $35 Billion Gas Gamble as Woodside Looks at Inpex
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BP Faces More Uncertainty on $35 Billion Gas Gamble as Woodside Looks at Inpex

Woodside Energy said it may match Inpex’s bid for PetroChina’s 10.67% stake in the Browse gas fields, where BP is the largest partner with 44.33%. BP shares traded at 570.70 pence in London, up from 569.00 pence. Browse is Australia’s biggest undeveloped offshore gas resource, with plans for LNG exports and carbon capture. The project remains in early planning stages.
May 20, 2026
Woodside Energy Stock Rises, But One Gas Fight Could Move It Next
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Woodside Energy Stock Rises, But One Gas Fight Could Move It Next

Woodside Energy Group shares closed up 0.40% at A$32.28 in Sydney, trailing the S&P/ASX 200’s 1.17% gain, as investors weighed strong oil prices against new government plans to reserve 20% of east coast gas for domestic use from 2027. Company executives warned the policy could threaten future supply. Brent crude traded at $110.82 a barrel amid Middle East tensions.
May 19, 2026
Shell Rises with Oil Back at $110
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Shell Rises with Oil Back at $110

Shell Plc shares climbed 1.64% to 3,247 pence in London on Monday, outperforming the FTSE 100, after drone attacks in the Gulf sent Brent crude to $110.50 a barrel and disrupted traffic through the Strait of Hormuz. Shell bought back over 1.29 million shares on May 14 as part of its ongoing $3 billion buyback program.
May 18, 2026
National Grid Shares Bounce After Friday Rout as £70 Billion Grid Bet Faces Storm Test
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National Grid Shares Bounce After Friday Rout as £70 Billion Grid Bet Faces Storm Test

National Grid shares rose 1.85% to 1,210p in early London trading Monday, partly rebounding from Friday’s sharp drop after missing annual profit forecasts. The company reported adjusted operating profit of £5.68 billion versus a consensus of £5.75 billion, with storm-related costs up 7.4% to £636 million. Barclays raised its price target to 1,500p and kept an “overweight” rating. Utilities broadly recovered after last week’s sector sell-off.
May 18, 2026
BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock
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BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock

BP shares closed Friday up 2.13% at 552.20 pence, bucking a 1.7% drop in the FTSE 100. Reuters reported BP plans to dismantle its pipeline gas trading team, shifting staff to LNG and cutting around 20 roles. BP is also considering selling some Egyptian gas assets after output there fell 40% in 2025. Brent crude settled at $109.26 a barrel, up 3.35% on shipping concerns in the Strait of Hormuz.
May 16, 2026
Woodside Energy Group Ltd Stock in Focus After LNG Strike Threat, Inpex Browse Deal
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Woodside Energy Group Ltd Stock in Focus After LNG Strike Threat, Inpex Browse Deal

Woodside faces new strike action at its Karratha and Pluto LNG sites in Western Australia starting Wednesday, the Offshore Alliance union said. Talks between the union and Inpex over the Ichthys LNG facility in Darwin also broke down. Inpex separately agreed to buy PetroChina’s 10.67% stake in the Browse gas project, pending approvals. Woodside shares closed up 2.06% at A$31.25 on Friday.
May 15, 2026
Macquarie Group Ltd’s UK Energy Deal Hits Watchdog Test After Profit Boom
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Macquarie Group Ltd’s UK Energy Deal Hits Watchdog Test After Profit Boom

Britain’s Competition and Markets Authority is seeking public input on Macquarie Group’s planned acquisition of Energy Assets Group, with comments open until May 29. The CMA has not yet started a formal Phase 1 probe. Macquarie Asset Management agreed in February to buy 100% of EAG, which manages 1.8 million smart meters and 148,000 grid connections in the UK. Macquarie reported a 30% rise in annual net profit to A$4.847 billion.
May 15, 2026
BP PLC Weighs Egypt Gas Asset Sale as New CEO’s Debt Push Gets Real
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BP PLC Weighs Egypt Gas Asset Sale as New CEO’s Debt Push Gets Real

BP is considering selling some natural gas assets in Egypt, sources told Reuters, as new CEO Meg O’Neill pursues debt reduction and a sharper focus on high-return projects. BP’s gas output in Egypt dropped 40% last year, while the company’s net debt rose to $25.3 billion despite a first-quarter profit of $3.2 billion. No final decision has been made on the Egypt assets, BP said.
May 15, 2026
Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell
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Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell

Caturus approved construction of the $9.75 billion Commonwealth LNG export plant in Louisiana, set to begin operations in 2030. Glencore increased its contracted offtake to 3 million tonnes per year under a 20-year deal, nearly a third of the plant’s capacity. Glencore shares fell 2.75% after the news, despite a 42.78% gain this year. Other buyers include Mercuria, PETRONAS, and Aramco Trading.
May 15, 2026
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Stock Market Today

  • Oil prices drop below $100 on Iran peace deal hopes, markets rise
    May 25, 2026, 8:37 AM EDT. Oil prices fell below $100 a barrel for the first time in two weeks as hopes grow for a US-Iran peace deal. Brent crude dropped 5.5% to just under $98. The conflict's focal point remains Iran's blockade of the Strait of Hormuz, a critical energy chokepoint. Equity markets responded positively, with Japan's Nikkei up nearly 3% and Europe's Stoxx 600 rising 0.8%. The dollar weakened while the pound hit its highest level since May. Analysts caution markets remain wary as past negotiations have stalled. Inflation fears have driven central banks to consider further rate hikes, with the Bank of England expected to raise rates twice in 2024.