Energy 13 May 2026 - 17 May 2026

EOSE Stock Climbs Before Crucial Share Vote as Eos Energy Bulls Eye Grid-Storage Funding

EOSE Stock Climbs Before Crucial Share Vote as Eos Energy Bulls Eye Grid-Storage Funding

Eos Energy Enterprises shares rose on Tuesday, last quoted at $9.42, up 43 cents, or about 4.8%, after the zinc-battery storage company traded between $8.755 and $9.685 during the session. Volume reached about 26.4 million shares. The move came one day before Eos’ virtual annual meeting, set for Wednesday at 10 a.m. EDT, where investors will have a fresh chance to weigh the company’s financing path.
June 3, 2026
Woodside Shares Trade Monday With $35 Billion Browse LNG Bet Back In View After Inpex Deal

Woodside Shares Trade Monday With $35 Billion Browse LNG Bet Back In View After Inpex Deal

Woodside Energy Group Ltd starts the week in focus as its Browse gas project draws attention again. This comes after Japan’s INPEX said it would take PetroChina’s 10.67% stake in the project. Woodside ended Friday’s session up 2.1% at A$31.25. Shares added roughly 4% in the five sessions to May 15, well ahead of the lagging local market. Why it matters right now is Browse. It’s Australia’s largest undeveloped offshore gas field, and Woodside plans to send the gas to the North West Shelf’s Karratha plant. LNG, or liquefied natural gas, is made by chilling gas into a liquid so tankers can carry it.
May 17, 2026
BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock

BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock

BP shares in London start Monday with some lift after closing Friday at 552.20 pence, up 2.13%. The FTSE 100 dropped 1.7% for its steepest fall in over eight weeks. BP finished the week up about 3%, with a boost from stronger oil prices and more signals it’s focused on cash and trading moves. London is closed for the weekend, so BP traders won’t react until Monday when they’ll come back to two main things: an oil spike tied to the Strait of Hormuz and BP’s own efforts to bring down debt. Brent crude, the key global oil price, finished Friday up 3.35% at $109.26 a barrel as hopes ebbed for quick fixes to shipping snarls in the region.
May 16, 2026
Ampol in Spotlight With Emergency Diesel Plan Giving Fuel Company Larger Hand

Ampol in Spotlight With Emergency Diesel Plan Giving Fuel Company Larger Hand

Australia is adding about 150 million litres of diesel to supply, with fresh deals that include Ampol. This move draws Ampol deeper into the government’s emergency fuel-security plan as global supply issues weigh on importers and refiners. The government said three new shipments, totalling about 900,000 barrels, will go to South Australia, Tasmania, Queensland and Victoria. Fuel security is grabbing more attention after Middle East conflict pushed up oil prices and boosted refining margins. Ampol’s Lytton Refiner Margin, which tracks refining profit before some costs, was at US$25.45 a barrel in the first quarter, up from US$6.07 a year ago. Refinery production climbed 10% to around 1.4 billion litres, according to company AGM documents.
May 16, 2026
Santos Stock in Focus After Australia Shelves Winter Gas Export Curbs

Santos Stock in Focus After Australia Shelves Winter Gas Export Curbs

Sydney—May 16, 2026, 07:04 AEST Australia has decided against wintertime natural gas export curbs, handing Santos Limited a short-term win at its Gladstone LNG site. Exporters convinced Canberra that east coast supplies are secure. Resources Minister Madeleine King said there’s no need to trigger more measures under the Australian Domestic Gas Security Mechanism for the third quarter.
May 15, 2026
Woodside Energy Group Ltd Stock in Focus After LNG Strike Threat, Inpex Browse Deal

Woodside Energy Group Ltd Stock in Focus After LNG Strike Threat, Inpex Browse Deal

Woodside Energy Group Ltd is under new industrial strain at its Karratha gas plant and Pluto LNG sites in Western Australia, after the Offshore Alliance union said certain staff are set to strike starting Wednesday. LNG, or liquefied natural gas, is shipped as a liquid after being cooled. The union also reported that negotiations with Inpex over its Ichthys LNG plant in Darwin have broken down, adding further strain to Australian gas exports. The numbers are substantial: Bloomberg puts Karratha’s export capacity near 14 million tonnes per year, Pluto around 5 million, and notes a second Pluto train—similar in size—is being built. According to the report, Asian buyers are already scrambling for cargoes after disruptions in the Middle East limited
May 15, 2026
Macquarie Group Ltd’s UK Energy Deal Hits Watchdog Test After Profit Boom

Macquarie Group Ltd’s UK Energy Deal Hits Watchdog Test After Profit Boom

Macquarie Group Ltd’s bid for Energy Assets Group now faces a look from the UK’s Competition and Markets Authority, which is collecting feedback on the proposed deal through May 29. The CMA noted the case remains open but stressed it hasn’t yet kicked off a formal Phase 1 probe. That’s front of mind now, with Macquarie posting a robust year: net profit reached A$4.847 billion, up 30%. Its asset management unit added to the gains. The group is still pushing capital into private infrastructure—where regulatory sign-off can carry as much weight as price.
May 15, 2026
BP PLC Weighs Egypt Gas Asset Sale as New CEO’s Debt Push Gets Real

BP PLC Weighs Egypt Gas Asset Sale as New CEO’s Debt Push Gets Real

BP PLC is weighing the possible sale of certain natural gas holdings in Egypt, according to four people familiar with the situation, Reuters reported. Sources emphasized that BP hasn’t made a final call yet. When asked, a BP spokesperson declined to address what they described as market speculation. The oil giant, under new CEO Meg O’Neill, has funneled over $35 billion into Egypt over a span of sixty years and is responsible for around 60% of Egypt’s gas output via a combination of operated fields and joint ventures. The timing is key. O’Neill, who stepped in as CEO on April 1, has informed staff that BP will kick off a reorganisation in June, splitting into two core divisions: upstream—covering oil
May 15, 2026
National Grid plc’s £70 Billion Grid Bet Just Hit a Storm-Cost Test

National Grid plc’s £70 Billion Grid Bet Just Hit a Storm-Cost Test

National Grid plc shares slipped early Friday, erasing some of Thursday’s post-earnings rally. Investors digested an annual profit miss alongside a fresh £70 billion grid upgrade plan. The stock was down 2.79% at 1,254.50 pence as of 08:51 BST, according to LSEG figures cited by Investors’ Chronicle. The British electricity and gas network operator reported underlying operating profit at £5.68 billion for the year to March 31, missing a company-compiled consensus forecast of £5.75 billion, according to Reuters. The result, which strips out specified one-off and timing items, triggered the move.
May 15, 2026
Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell

Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell

Glencore plc’s ambitions in U.S. gas trading picked up real traction on Friday, as Caturus signed off on building the Commonwealth LNG export plant in Louisiana, securing $9.75 billion in project financing. The facility, slated for 9.5 million tonnes per year, targets a 2030 startup. Glencore is on the roster of long-term buyers. This isn’t just another cargo for Glencore. The company is locking in future U.S. Gulf Coast supply just as liquefied natural gas, or LNG — gas cooled to liquid form for shipment by tanker — takes on a bigger role in global energy flows.
May 15, 2026
Woodside Energy Stock Faces New Test As $35 Billion Browse LNG Fight Deepens

Woodside Energy Stock Faces New Test As $35 Billion Browse LNG Fight Deepens

After recent reporting highlighted Western Australia’s position on emissions, Woodside Energy Group’s stalled Browse LNG project—now carrying a price tag of A$48.7 billion—has once again found itself under the spotlight in the country’s ongoing gas and climate debate. It’s an uneasy moment for Woodside. With a key federal environmental decision looming, the project faces extra scrutiny in a state where emissions are still climbing—even as the rest of Australia has managed to cut back. On May 14, Guardian Australia revealed leaked documents showing Western Australia was laying plans to sidestep short-term emissions targets. Adding to the pressure, a model commissioned by Woodside found the state would miss net zero by 2050, even without Browse in the mix.
May 14, 2026
National Grid Shares Rise After Profit Miss: Why the £70bn Grid Plan Matters Now

National Grid Shares Rise After Profit Miss: Why the £70bn Grid Plan Matters Now

National Grid plc fell short of annual profit expectations Thursday, blaming higher storm-related repair costs in the U.S. Still, shares moved higher after the company reaffirmed its growth forecast and announced plans for at least £70 billion in network investments over five years. UK electricity and gas network operator reported adjusted operating profit at £5.68 billion for the year to March 31, slightly short of the £5.75 billion consensus pulled together by the company. Over in the U.S., storm costs climbed 7.4% to £636 million. Shares gained 2.3%, trading at 1,305 pence as of 0846 GMT.
May 14, 2026
BP Stock News: Uzbekistan Oil Deal Deepens Pivot as Whiting Labor Talks Loom

BP Stock News: Uzbekistan Oil Deal Deepens Pivot as Whiting Labor Talks Loom

BP grabbed a 40% stake in a production sharing deal for six oil and gas exploration blocks in Uzbekistan’s North Ustyurt region, underscoring the London-listed major’s renewed push into conventional energy. Under a production sharing agreement, output, costs, and profits are divvied up between the government and project partners. Timing’s a factor here. BP has barely started a leadership shakeup, with CEO Meg O’Neill stepping in April 1. She’s already signaled to employees that a reorg—splitting BP into upstream and downstream divisions—kicks off in June. It’s a return to something more like the traditional oil-major playbook, moving away from the renewables-heavy structure set up under Bernard Looney.
May 14, 2026
Orica Limited Stock Alert: State Street Cuts Stake as Hydrogen Funding Picture Shifts

Orica Limited Stock Alert: State Street Cuts Stake as Hydrogen Funding Picture Shifts

State Street and its subsidiaries have trimmed their stake in Orica Limited to 7.56%, or roughly 35 million shares, down from 8.6%. That's according to a new substantial-shareholder notice, which comes just days after the explosives manufacturer reported record first-half underlying earnings, drawing attention back to its share register. The ASX released the notice Wednesday morning in Melbourne. Timing’s crucial here. Orica shares finished the day at A$22.33, rising 0.77%. That puts them 8.19% higher than just a week ago. Now, investors are left to figure out if there’s any juice left after the results rally, with the stock set to go ex-dividend next week.
May 14, 2026
Santos Limited’s $400 Million PNG Gas Project Puts 2028 Growth Back in Focus

Santos Limited’s $400 Million PNG Gas Project Puts 2028 Growth Back in Focus

Santos Limited has greenlit the Agogo Production Facility tie-in project in Papua New Guinea, opting to boost gas output for the current PNG LNG system instead of constructing a separate export terminal. The move came after the PNG LNG joint venture—where Santos owns a 39.9% stake—signed off. Timing is key here. Santos wants the market focused on ramping up output and hitting project milestones, especially after setbacks like the Barossa holdups and missing first-quarter targets. Shares finished Wednesday at A$7.68, gaining 1.59%—this after a 0.53% lift the day before.
May 14, 2026
Paladin Energy Shares Plunge 12% as Uranium Profit Masks a Cash-Flow Squeeze

Paladin Energy Shares Plunge 12% as Uranium Profit Masks a Cash-Flow Squeeze

Paladin Energy Ltd shares tumbled Wednesday, shedding 12.05% to close at A$11.17, as investors reacted to new filings. The Australian uranium producer posted an accounting profit, but a significant operating cash outflow grabbed attention, raising new questions about the Langer Heinrich mine’s ramp-up in Namibia. Trading volume reached 6.88 million shares. This matters for Paladin as the company shifts from simply restarting to the tougher challenge of converting increased output into real cash flows. Langer Heinrich is closing in on full mining and processing, but for investors, the focus is now less on production headlines and more on when shipments go out, when customers pay, and how costs line up.
May 14, 2026
Woodside Energy’s $35 Billion Browse LNG Project Faces Its Biggest Approval Test Yet

Woodside Energy’s $35 Billion Browse LNG Project Faces Its Biggest Approval Test Yet

Woodside Energy Group’s Browse LNG project, stalled for years, is now back in the headlines after a Deloitte report commissioned by Woodside pegged the total capital cost at A$48.7 billion—around $35.2 billion. That’s a sharp jump from the A$27.3 billion figure the company cited in 2019. Timing is crucial here. ABC reported that after an eight-year wait for a call on the offshore Browse project, Woodside might finally get an answer soon, with Australia’s environment department potentially sending its final recommendation—approve or reject—to Environment Minister Murray Watt as early as next month.
May 13, 2026
BP PLC Deepens Oil Pivot With 40% Uzbekistan Stake as Shares Rise

BP PLC Deepens Oil Pivot With 40% Uzbekistan Stake as Shares Rise

BP PLC has picked up a 40% stake in a production-sharing pact covering six exploration blocks in Uzbekistan’s North Ustyurt region, marking another step as the British oil major leans again into conventional energy. Under the PSA, investors like BP shoulder the exploration costs and split any resulting production with the government. Timing is key. BP is under pressure to show that Meg O’Neill—its chief executive—can boost returns and reassure investors after a stretch of shifting strategies. O’Neill has informed employees that a shake-up dividing BP into upstream and downstream arms kicks off in June, a nod to the company’s pre-2020 structure, before the renewables pivot.
May 13, 2026
3i Group Shares Near £24: Why Action Could Decide Thursday’s Results Reaction

3i Group Shares Near £24: Why Action Could Decide Thursday’s Results Reaction

3i Group shares steadied just under £24 on Wednesday, following a steep drop the day before. Investors are now eyeing the upcoming annual results, which may shift sentiment toward its major stake, Action. The London-listed investment firm’s shares slipped 0.04% to 2,399.07p on its investor site. Results covering the year through March 31, 2026, are scheduled for May 14, according to the same page.
May 13, 2026
National Grid Stock Stalls Before Results as Rate Pressure Tests the £70 Billion Grid Story

National Grid Stock Stalls Before Results as Rate Pressure Tests the £70 Billion Grid Story

National Grid plc hovered just below the flatline by midday, quoted at 1,275p/1,276p after kicking off at 1,280.5p. It reads as a quiet session, though the actual day’s spread—1,267.5p to 1,298.5p—suggests there’s still some price testing ahead of the full-year numbers. Around 2.5 million shares had changed hands, trailing the three-month average on Investing.com, while the group’s market cap was holding near £63.6 billion. Here’s the problem: National Grid’s now heavily focused on capital spending, right as borrowing costs are climbing. The FTSE 100 managed some gains this day, but UK 10-year gilts were stuck near 5.08%. Brent crude pushed past $107 a barrel—no relief for inflation or funding costs. That’s a headache for utilities. Rising bond yields squeeze in
May 13, 2026
Shell Stock Today: Buybacks Steady the Chart as Oil Risk Keeps the Trade Messy

Shell Stock Today: Buybacks Steady the Chart as Oil Risk Keeps the Trade Messy

Shell shares barely budged in late morning London trade, holding at 3,156.25p, off just 0.04% according to Cboe Europe’s real-time read. The lack of movement isn’t apathy—investors are caught between two strong narratives tugging Shell in different directions. Oil edged lower. Brent lost 0.2%, settling at $107.58 a barrel, while WTI dropped 0.4% to $101.79. Traders tracked a shaky ceasefire in the Middle East and eyed the Trump-Xi talks slated for Beijing. For Shell, lower crude prices would typically hurt, but with oil holding above $100, cash flow remains steady.
May 13, 2026