Energy 30 March 2026 - 6 April 2026

EOSE Stock Climbs Before Crucial Share Vote as Eos Energy Bulls Eye Grid-Storage Funding
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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
Shell Plc Q1 Profit Outlook Climbs as Oil Holds Above $107 Before April 8 Update
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Shell Plc Q1 Profit Outlook Climbs as Oil Holds Above $107 Before April 8 Update

Shell heads into a quarterly update on Wednesday with oil still above $107 a barrel after another sharp swing in the market, putting the focus back on how much cash the company can generate in the first quarter. Brent fell $1.92 on Monday to $107.11 as traders weighed a U.S.-Iran peace proposal, but the Strait of Hormuz remained largely closed and supply disruptions persisted. Mukesh Sahdev, founder and CEO of XAnalysts, said the standoff over Hormuz was increasingly about “political victory.” The timing matters because Shell is due on April 8 to outline the expected financial effects of the conflict before full results on May 7. Reuters reported last month that three analysts covering Shell had raised their first-quarter net
April 6, 2026
Santos Pushes Ahead With Yarrow Gas Wells as Australia’s Tax Fight Intensifies
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Santos Pushes Ahead With Yarrow Gas Wells as Australia’s Tax Fight Intensifies

Santos will press ahead with drilling two additional wells at the Yarrow gas field in South Australia's Cooper Basin. The move follows Red Sky Energy's announcement that it has finalized a binding Authority for Expenditure—essentially, a project greenlight—with the Australian producer. Drilling on the first well is set to kick off very soon, according to Red Sky, which maintains its 20% working stake in the field. This move hands Santos a new round of drilling targets in a basin it’s already tapping to shore up domestic supply, just as Canberra mulls stricter gas measures and potential windfall taxes—even after the market operator delayed the projected east-coast shortfall to 2030. Still, AEMO warned that both committed and expected supply projects have
April 2, 2026
Rolls-Royce Holdings plc Starts 43 MW Scotland Battery Project, Deepening UK Power Push
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Rolls-Royce Holdings plc Starts 43 MW Scotland Battery Project, Deepening UK Power Push

Rolls-Royce Holdings plc has kicked off its inaugural large-scale battery storage project in the UK, breaking ground on a 43-megawatt installation at Falkirk, Scotland for Voltaria Helios Energy Storage. The new plant will be able to hold up to 86 megawatt hours of power, with grid connection slated for 2026 and the start of commercial operations following in 2027. Rolls-Royce will handle maintenance for the facility over a 15-year span. Timing is key here. Britain is targeting 23 to 27 GW of battery storage by 2030—right now the country has just 4.5 GW. The extra capacity is needed to steady a grid that’s scaling up wind and solar. That means storage is front and center in the government’s push to
April 2, 2026
Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas as LNG Crunch Tightens
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Shell Plc Eyes 20 Trillion Cubic Feet of Venezuela Gas as LNG Crunch Tightens

Shell Plc is deep into negotiations with Venezuela as it looks to expand its offshore gas ambitions, hoping to tap roughly 20 trillion cubic feet of reserves off the coast near Trinidad and Tobago, say two people with knowledge of the matter. The plan is to pipe that gas over to Trinidad, where Shell would convert it into LNG — liquefied natural gas ready to be shipped. Timing is key here. Shell stands as the top global LNG trader, and the Middle East conflict has sidelined almost 20% of the world’s LNG supply, sending buyers scrambling for alternatives. U.S. exports surged, hitting an all-time high of 11.7 million metric tons in March.
April 2, 2026
BP PLC’s New CEO Meg O’Neill Promises Clear Direction as Oil Swings Test Debt Reset
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BP PLC’s New CEO Meg O’Neill Promises Clear Direction as Oil Swings Test Debt Reset

BP PLC’s new boss, Meg O’Neill, wasted no time laying out her message to staff: “clear direction and consistency.” She steps in as the company redoubles its focus on oil and gas, trying to move past a stretch of expensive U-turns. O’Neill, who officially took over Wednesday, is BP’s first outside hire for CEO in more than 100 years—and the first woman to run any of the five biggest oil players. Timing’s a factor here. BP has hit pause on its share buybacks to conserve cash for cutting debt, and it’s pushing through asset sales to hit a $20 billion divestment goal by 2027. Leadership is also getting a shake-up as the company works to repair returns and win back
April 2, 2026
Glencore Extends South Africa Smelter Job-Cut Deadline to April 7 in Eskom Power Talks
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Glencore Extends South Africa Smelter Job-Cut Deadline to April 7 in Eskom Power Talks

Glencore’s South African chrome joint venture extended the deadline for its retrenchment talks to April 7, giving Eskom more time—another week—to wrap up internal sign-off on a discounted electricity rate. The Glencore-Merafe Chrome Venture confirmed that a 62 South African cents per kilowatt-hour rate has in-principle approval, though the final commercial terms are still being hammered out. The additional week is pivotal: the outcome of the tariff could determine if the planned job cuts are still avoidable and whether the venture can sustain its ferrochrome operations commercially. On Tuesday, Merafe told shareholders it had already lodged a counterproposal back on March 12, and the partners agreed to push the Section 189 consultation—a process under South Africa’s Labour Relations Act regarding
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

Rolls-Royce Holdings took another step toward bringing its small modular reactors online this Wednesday, as Great British Energy-Nuclear tapped a joint venture between Amentum and Cavendish Nuclear for the Wylfa project in North Wales. The owner’s engineer contract, valued at up to £300 million, could stretch out over 14 years. According to the companies, the deal will back the rollout of Rolls-Royce SMR technology at the site. This award moves Britain’s first Rolls-Royce SMR project from the selection stage into the nuts-and-bolts of execution planning. Acting as owner’s engineer, the firm takes on the key role of independent technical adviser for the client, handling design, safety, and delivery oversight. SMRs—smaller reactors, built in modules for quicker assembly than conventional plants—are
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 Plc is close to sealing a deal with Venezuela's government for rights to four offshore gas blocks near Trinidad and Tobago, potentially unlocking around 20 trillion cubic feet of reserves and shoring up supplies for Atlantic LNG. According to two people with knowledge of the matter, Shell is pushing for more territory beyond the well-known Dragon field—something the company acknowledged in an emailed statement as it confirmed its interest in the extra acreage. Timing’s crucial here. The global liquefied natural gas market has tightened fast—Qatari supply and shipping through the Strait of Hormuz took a hit after the Iran war, and Trinidad’s Atlantic LNG has faced gas shortages, keeping it below full output. Asian spot LNG prices have soared
April 1, 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 pulled its Browse carbon capture and storage plan from Australia’s federal approval track, opting instead to resubmit under updated environment laws. The move keeps a key element of the Browse gas project’s emissions strategy in play. “The new rules allow a revised referral,” a spokesperson said March 30. This is significant: Browse is planned as the supply lifeline for the decades-old North West Shelf LNG plant in Western Australia, which secured federal approval last year to keep running until 2070. The timing is notable—just days ago, Cyclone Narelle knocked production offline at Woodside’s Karratha gas plant, the main onshore facility for the North West Shelf.
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 plc and SP Energy Networks on Monday locked in £3 billion of major supply-chain deals for Eastern Green Link 4, a 2-gigawatt subsea cable project running between Scotland and England—one of five east coast links aimed at clearing grid congestion. Siemens Energy is tapped for the HVDC converter stations, while Prysmian will deliver the cable system. Timing is key here. Britain’s RIIO-3, the next five-year price-control cycle that determines how much network owners can earn, kicks off April 1. Earlier in the month, National Grid raised its investment target to at least £70 billion by March 2031, signed off on Ofgem’s RIIO-T3 transmission deal, and projected earnings-per-share growth between 13% and 15% for fiscal 2027. Chief Executive Zoë
March 31, 2026
UK Diesel Hits £100 a Tank as Iran War Pushes Fuel Price Gap to 23-Year High
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UK Diesel Hits £100 a Tank as Iran War Pushes Fuel Price Gap to 23-Year High

Diesel at UK pumps climbed to an average of 182.77 pence per litre on Tuesday, sending the price for a standard 55-litre fill-up to £100.52—a level not seen since December 2022. Petrol, meanwhile, came in at 152.83 pence. “The diesel tank threshold has breached £100,” said Simon Williams, head of policy at the RAC, adding that petrol prices could “potentially stabilise” if oil prices quit rising. It’s not just about fuel. Worldpanel reported grocery inflation stuck at 4.3% for the four weeks ending March 22, pointing out that every extra point tacks on more than £50 to the average household’s yearly bill. Fraser McKevitt flagged that higher fuel prices are leaving shoppers increasingly uneasy.
March 31, 2026
Rolls-Royce Starts First Large UK Battery Project in Scotland as Power Push Builds
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Rolls-Royce Starts First Large UK Battery Project in Scotland as Power Push Builds

London, March 31, 2026, 15:27. Rolls-Royce Holdings on Tuesday said it’s kicked off construction on a 43-megawatt battery storage site in Falkirk, Scotland. This marks the UK engineering firm's first major battery project at scale in the country, a step deeper into grid-related business. The facility, being developed for Voltaria Helios Energy Storage, is slated to provide 43 megawatts of output with 86 megawatt hours of capacity. Grid hookup is targeted for 2026, and commercial operations are set to follow in 2027.
March 31, 2026
Shell Plc warns Australia windfall LNG tax could hit investment as energy shock deepens
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Shell Plc warns Australia windfall LNG tax could hit investment as energy shock deepens

Sydney — March 31, 2026, 23:16 AEDT. Shell Plc fired a warning shot at Australia on Tuesday, saying a planned windfall tax targeting liquefied natural gas exporters could spook investors and undermine the country’s energy security—ratcheting up tensions with Canberra as prices run higher. After Iranian strikes knocked out Qatar’s production, Australia climbed to the world’s number two LNG spot, making the fate of any industry windfall even more pivotal.
March 31, 2026
BP PLC Loses EV Charging Chief Ahead of Meg O’Neill Takeover as Oil Pivot Deepens
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BP PLC Loses EV Charging Chief Ahead of Meg O’Neill Takeover as Oil Pivot Deepens

BP’s global EV charging head is out, according to the Financial Times, with Rolls-Royce listing Martin Thomsen as a new arrival in March. The timing is notable: Meg O’Neill steps in as BP chief executive this week. BP’s exit is notable, coming as the company dials back its low-carbon bets—scaling down renewables and EV charging to funnel more capital toward oil and gas, eyeing higher and quicker returns. The move is playing out as Brent crude hovered just below $115 a barrel on Tuesday, set for a record monthly surge after supply disruptions linked to the Iran conflict.
March 31, 2026
Macquarie Group Ltd’s $200 Oil Warning Returns as Crude Tops $100
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Macquarie Group Ltd’s $200 Oil Warning Returns as Crude Tops $100

Macquarie Group Ltd’s call that oil might reach $200 a barrel came under the spotlight Tuesday, as U.S. crude closed above $100 for the first time since 2022 and Brent approached a record monthly surge with the Iran conflict escalating. What was once seen as an outlier prediction suddenly landed in the market’s mainstream chatter. Oil’s recent spike is stoking fresh inflation jitters and pushing worries about economic fallout, all while dealmakers are staring down heightened war risk in the Gulf. Already, Macquarie pulled out of the race for a Kuwait oil pipeline stake—a sign the conflict is hitting deals, not just pricing.
March 31, 2026
Woodside Keeps Browse CCS Alive With Plan to Refile Under New Australia Law
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Woodside Keeps Browse CCS Alive With Plan to Refile Under New Australia Law

Woodside Energy plans to resubmit its Browse carbon capture and storage proposal after pulling its initial application from Australia’s federal approval process. The company pointed to updated environmental laws that open the door for a fresh referral, keeping this pillar of its larger Browse gas project in play. Woodside baked in a CCS solution for Browse from the outset, aiming to capture reservoir CO2 that would otherwise vent to atmosphere. The development also hooks into the North West Shelf LNG network, which only got the federal environmental go-ahead through 2070 last year.
March 30, 2026
Exxon’s Haimara Project Sharpens Focus on Guyana’s $2 Billion Berbice Gas Pipeline as Power Demand Climbs
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Exxon’s Haimara Project Sharpens Focus on Guyana’s $2 Billion Berbice Gas Pipeline as Power Demand Climbs

Georgetown, March 30, 2026, 16:09 ExxonMobil has pegged the Haimara gas field as the centerpiece for its ninth offshore project in Guyana. At the same time, a fresh utility forecast projects power demand could reach 1,575 megawatts by 2030, adding momentum to a proposed second gas pipeline to Berbice—a project the company estimates could top $2 billion.
March 30, 2026
SSE Shares Jump as Utility Maps Out £29 Billion Grid Push Ahead of RIIO-T3
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SSE Shares Jump as Utility Maps Out £29 Billion Grid Push Ahead of RIIO-T3

SSE on Monday outlined plans for its SSEN Transmission arm, targeting gross capital spend of about £29 billion over the plan period. Net impact for the group, according to investor materials, comes in at roughly £22 billion. RIIO-T3 stands at the center of this—Ofgem’s five-year price control, stretching from April 2026 to March 2031, underpins SSE’s £33 billion investment program. On March 2, SSE gave the green light to Ofgem’s final terms, describing the deal as “investable and deliverable.”
March 30, 2026
Seplat Energy Stock Climbs as Oil Rally Puts Nigeria Producer’s 2026 Growth Plan in Focus
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Seplat Energy Stock Climbs as Oil Rally Puts Nigeria Producer’s 2026 Growth Plan in Focus

Seplat Energy’s shares in London ticked up Monday, tracking gains across oil and gas names as Brent crude moved past the $115 mark. The Nigerian oil producer was trading at 484.5 pence, up 0.52%, by early afternoon, according to its investor page. The shift is notable: just last month, Seplat rolled out 2026 production guidance at 135,000 to 155,000 barrels of oil equivalent per day, a metric folding in both oil and gas, after reporting a 148% leap in 2025 output to 131,506. The company also earmarked $360 million to $440 million for capex and plans to drill 17 wells this year. The middle of that range hints at roughly 10% growth.
March 30, 2026
National Grid plc seals £3 billion Eastern Green Link 4 deals as UK grid upgrade speeds up
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National Grid plc seals £3 billion Eastern Green Link 4 deals as UK grid upgrade speeds up

National Grid plc on Monday announced it had secured £3 billion worth of supply-chain deals for Eastern Green Link 4, its planned 2-gigawatt subsea connection between Fife and Norfolk. Siemens Energy landed the converter-station contract, following an earlier £2 billion cable package awarded to Prysmian. This matters for Britain, which needs extra network capacity to send Scottish wind power south, unclog bottlenecks, and rein in mounting constraint costs—fees that stack up when electricity can't reach demand centers. Back in December, Reuters reported that Britain revamped its grid-connection process as the queue swelled with over 700 gigawatts of projects.
March 30, 2026
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