Energy 6 March 2026 - 13 March 2026

Weatherford Shares Slip After ExxonMobil Nigeria News

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
Shell Stock Price Today: Shares Rise as Oil Near $100 and Qatar LNG Disruption Bites

Shell Stock Price Today: Shares Rise as Oil Near $100 and Qatar LNG Disruption Bites

Shell shares rose 1.3% Friday, outperforming the FTSE 100 as Brent crude hovered near $100 a barrel. The company declared force majeure on Qatari LNG cargoes after an outage, with disruptions expected from April. Shell maintained a $3.5 billion quarterly buyback despite missing Q4 profit estimates. The board will seek shareholder approval in May for a higher pay cap for CEO Wael Sawan, whose 2025 pay reached £13.8 million.
March 13, 2026
Woodside Energy Share Price Rises as Oil Tops $100 Again, Putting WDS Stock Back in Focus

Woodside Energy Share Price Rises as Oil Tops $100 Again, Putting WDS Stock Back in Focus

Woodside Energy’s U.S. shares rose 11.5 cents to $22.33 as Brent crude topped $100 a barrel following Iranian attacks that closed the Strait of Hormuz. The company’s 2025 profit fell to $2.65 billion on weaker prices, though output stayed strong. Woodside said its Scarborough LNG project is 94% complete and on track for late 2026. Goldman Sachs raised its Brent forecast but expects prices to fall from current highs.
March 12, 2026
National Grid plc Stock Price Rises 2.5% Despite Ofgem Hit as Investors Back £70 Billion Plan

National Grid plc Stock Price Rises 2.5% Despite Ofgem Hit as Investors Back £70 Billion Plan

National Grid shares rose 2.5% to 1,368 pence Thursday, outperforming a 0.4% drop in the FTSE 100. Ofgem said National Grid Electricity Transmission will pay £20 million over historic failures at the Harker substation in Cumbria. The company last week announced at least £70 billion in capital spending by FY31 and raised its FY27 earnings growth target to 13%-15%.
March 12, 2026
Nigeria Freeze on Petrol Imports Leaves Dangote With 92% of Supply, Fueling Monopoly Fears

Nigeria Freeze on Petrol Imports Leaves Dangote With 92% of Supply, Fueling Monopoly Fears

Nigeria’s fuel regulator issued no new petrol import licences in February or March, citing adequate local supply as Dangote refinery provided 92% of fresh petrol in February, or 36.5 million litres daily. National consumption averaged 56.9 million litres a day that month, with Port Harcourt and Kaduna refineries still shut. NNPC cut pump prices in Lagos and Abuja after Dangote lowered its refinery gate price.
March 12, 2026
Shell Stock Price Today: Shares Edge Up as Oil Tops $100, but LNG Disruption Caps Gains

Shell Stock Price Today: Shares Edge Up as Oil Tops $100, but LNG Disruption Caps Gains

Shell’s Amsterdam-listed shares rose 0.25% to 37.66 euros Thursday, trailing Brent crude’s 7% surge as oil briefly topped $100 a barrel. Shell’s 2025 annual report showed profit fell over 20% to $18.5 billion, but buybacks and dividends continued. The company declared force majeure on some Qatari LNG cargoes after Qatar halted production. LNG Canada, led by Shell, increased exports to Asia amid tightening supply.
March 12, 2026
Shell Plc Stock Price Gains as Qatar LNG Disruption and Oil Rebound Lift Shares

Shell Plc Stock Price Gains as Qatar LNG Disruption and Oil Rebound Lift Shares

Shell shares rose about 0.5% in London by 1103 GMT Wednesday, outperforming a weaker FTSE 100 as crude prices climbed. Shell suspended some Qatari LNG delivery obligations, with March cargoes unaffected and disruptions expected from April. The company also announced a $1.3 billion sale of Jiffy Lube and new deals in Venezuela. Brent crude traded up 3.8% at $91.11 a barrel by 1159 GMT.
March 11, 2026
BP Stock Price Today: Shares Rise as Oil Rebounds, Climate Challenge Adds Fresh Pressure

BP Stock Price Today: Shares Rise as Oil Rebounds, Climate Challenge Adds Fresh Pressure

BP shares rose 1.15% in London as Brent crude topped $90 a barrel, but activist group Follow This threatened court action if BP does not circulate a climate proposal before its April 23 meeting. The dispute comes as Meg O'Neill prepares to become CEO and BP faces scrutiny after halting share buybacks. Oil prices remain volatile, with recent gains reversing after U.S. comments on Middle East tensions.
March 11, 2026
Harbour Energy Share Price Falls 9% After EIG Sells £153 Million Stake at 255p

Harbour Energy Share Price Falls 9% After EIG Sells £153 Million Stake at 255p

Harbour Energy shares dropped 8.7% after EIG Asset Management sold about 60 million shares, or 3.8% of the company, at a discount. The sale raised £153 million for EIG, cutting its stake to 3.5%. Harbour’s decline came despite gains in BP, Shell, and the broader energy index. The company recently raised its 2026 output forecast and reported strong early-year production.
March 11, 2026
Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output

Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output

Santos Limited and Beach Energy approved a $357 million investment to overhaul the Moomba gas hub in South Australia’s Cooper Basin, replacing seven compressor stations with a single electric-driven facility. Santos expects over $600 million in savings and a 40,000-tonne annual cut in Scope 1 emissions. The project’s economics partly depend on finalising a gas supply deal with South Australia. Completion is targeted in three years.
March 11, 2026
Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil

Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil

Occidental Petroleum’s $1.2 billion debt tender offer took effect after bond-term changes, with $843.3 million of 2031 notes and $335.2 million of 2030 notes accepted. OXY shares fell 3.5% to $53.08 Tuesday. The company aims to cut principal debt to $14.3 billion in 2026, down from $20.63 billion at year-end. Oil stocks broadly declined as Brent crude dropped 12.6% to $86.50 a barrel.
March 10, 2026
Natural Gas Prices Today: Europe Gas Slides From 3-Year High, but Supply Risks Linger

Natural Gas Prices Today: Europe Gas Slides From 3-Year High, but Supply Risks Linger

European natural gas prices dropped sharply Tuesday, with the Dutch TTF benchmark falling 7.98 euros to 48.47 euros/MWh after President Trump suggested the Middle East conflict could end soon. Despite the decline, Europe’s gas storage remains below 30% and LNG shipments from Qatar are blocked, keeping competition for replacement cargoes high. U.S. LNG exports to Europe surged, but supply flexibility is limited.
March 10, 2026
Shell Plc to Sell Jiffy Lube to Monomoy for $1.3 Billion in Latest Portfolio Shake-Up

Shell Plc to Sell Jiffy Lube to Monomoy for $1.3 Billion in Latest Portfolio Shake-Up

Shell will sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners for $1.3 billion, with the deal expected to close in the second half of 2026. The sale includes a long-term lubricants supply agreement. Jiffy Lube accounts for about 6.5% of Shell’s lubricants volume in the U.S. and Canada. Shell will retain its Pennzoil, Quaker State, and other lubricant brands in North America.
March 9, 2026
Transocean Ltd’s Deepwater Thalassa Starts Mexico Trion Job as Valaris Deal Looms

Transocean Ltd’s Deepwater Thalassa Starts Mexico Trion Job as Valaris Deal Looms

Woodside Energy has begun drilling at the Trion project in the Gulf of Mexico using Transocean's Deepwater Thalassa, with the rig contracted at $480,000 per day through March 2029. Transocean, pursuing a $5.8 billion all-stock merger with Valaris, reported $6.1 billion in backlog and $5.686 billion in debt. Transocean shares rose to $6.17 in New York. The Valaris deal faces regulatory and shareholder approval.
March 9, 2026
Natural Gas Price Today: Europe Gas Jumps Near 70 Euros as Qatar Outage Deepens Supply Fears

Natural Gas Price Today: Europe Gas Jumps Near 70 Euros as Qatar Outage Deepens Supply Fears

Europe’s benchmark natural gas price surged nearly 30% early Monday, reaching just under 70 euros/MWh before settling near 60, after a prolonged outage at Qatar’s Ras Laffan LNG facility and shipping delays in the Strait of Hormuz. Brent crude climbed to $119.50 a barrel. European gas storage is about 30% full, well below last year’s level. Asian buyers are also seeking spot LNG cargoes as supply tightens.
March 9, 2026
Venture Global seeks U.S. approval for 35 mtpa Plaquemines LNG exports after Qatar halt tightens market

Venture Global seeks U.S. approval for 35 mtpa Plaquemines LNG exports after Qatar halt tightens market

Venture Global has asked the U.S. Department of Energy to raise Plaquemines LNG plant’s export cap to 35 million metric tons per year, up from 27.2 mtpa. The request follows Qatar’s abrupt production halt, which tightened global LNG supply. Venture Global shipped 16.4 million metric tons from Plaquemines in 2025 and expects up to 371 cargoes in 2026. Legal disputes with BP and Shell remain unresolved.
March 6, 2026
Plug Power Inc Rings Nasdaq Bell, but New CEO Still Faces a Cash-Burn Test

Plug Power Inc Rings Nasdaq Bell, but New CEO Still Faces a Cash-Burn Test

Plug Power will ring Nasdaq’s closing bell Friday as new CEO Jose Luis Crespo marks his first week and highlights 2025 results. The company posted a $1.69 billion net loss for 2025 despite 12.9% revenue growth to $710 million and a positive fourth-quarter gross margin. Shares traded at $2.29 premarket, down 19 cents. Plug ended 2025 with $368.5 million in cash and plans asset sales to fund operations.
March 6, 2026
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Stock Market Today

  • EasyJet Flight Diverted After Power Bank Incident Highlights Lithium Battery Risks
    May 25, 2026, 1:31 PM EDT. An EasyJet flight from Egypt to the UK was diverted to Rome after a power bank was found charging a phone in the aircraft's hold. Airlines are increasingly enforcing stricter rules on lithium batteries, which pose fire hazards. The incident underscores ongoing safety concerns surrounding portable electronic devices on planes.