LSE:BP 16 March 2026 - 19 May 2026

BP Faces More Uncertainty on $35 Billion Gas Gamble as Woodside Looks at Inpex

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
FTSE 100 climbs as major oil stocks lift London, midcaps lag

FTSE 100 climbs as major oil stocks lift London, midcaps lag

London’s FTSE 100 closed up 1.3% at 10,323.8 on Monday, led by gains in Shell and BP as Brent crude rose on Iran war supply fears. The FTSE 250 slipped 0.07%. UK-focused stocks lagged amid inflation concerns and political uncertainty over Prime Minister Keir Starmer’s future. Homebuilders fell despite higher asking prices, while banks rose after changes to ring-fencing rules.
May 18, 2026
BP Shares Climb in London as Investors Watch Oil Moves

BP Shares Climb in London as Investors Watch Oil Moves

BP shares rose 1.67% to 561.30 pence in London on Monday, outpacing the FTSE 100’s 0.08% gain, as Brent crude traded above $111 a barrel amid Gulf tensions. BP’s trading arm, debt reduction, and asset sales drew renewed attention. The company reported $3.2 billion in Q1 underlying profit and $25.3 billion net debt. BP is also planning layoffs in its gas trading team and considering selling Egyptian gas assets.
May 18, 2026
BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock

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
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 acquired a 40% stake in six oil and gas exploration blocks in Uzbekistan’s North Ustyurt region, marking its first project in the country. SOCAR and Uzbekneftegaz each retain 30%, with SOCAR as operator. No purchase price or drilling timeline was disclosed. The deal comes as BP reorganizes under new CEO Meg O’Neill and faces investor scrutiny over debt and suspended buybacks.
May 14, 2026
BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test

BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test

Morrisons was fined £737,000, with costs and a surcharge pushing the total above £750,000, after admitting food hygiene offences at its Cwmbran store. Inspectors found dirty equipment, poor cleanliness, and failures in food safety controls in the bakery. The store’s bakery was closed for a deep clean and later improved its hygiene rating. The fine was reduced from £1.1 million due to an early guilty plea.
May 8, 2026
UK Stock Market Today: FTSE 100 Slips As BP, Shell And AstraZeneca Drag London Shares Lower

UK Stock Market Today: FTSE 100 Slips As BP, Shell And AstraZeneca Drag London Shares Lower

London’s FTSE 100 closed down 0.1% at 10,363.93 on Friday, marking a third consecutive weekly loss. AstraZeneca shares fell after a U.S. FDA panel voted against its breast cancer drug candidate. NatWest also dragged the index despite higher profits, as investors focused on economic risks and a large impairment charge. Brent crude dropped to $108.86 a barrel amid reports of a new Iranian peace proposal.
May 2, 2026
BP Share Price Hits Fresh Year High as $100 Oil and Kaskida Approval Lift Stock

BP Share Price Hits Fresh Year High as $100 Oil and Kaskida Approval Lift Stock

BP shares hit a year high Monday, trading near 537.8 pence in London as Brent crude stayed above $102 and tensions around Iran threatened the Strait of Hormuz. BP also secured U.S. approval for its $5 billion Kaskida Gulf of Mexico project. Oil producers outperformed a flat FTSE 100, though analysts warned the rally could fade if supply disruptions ease.
March 16, 2026

Stock Market Today

  • UK Gilt Yields Fall Amid Political Stability and Eased Rate Hike Concerns
    May 26, 2026, 9:28 AM EDT. U.K. gilt yields declined to five-week lows as investor worries about political instability eased following Labour's local election setbacks. The 10-year gilt yield dropped to 4.85%, down about 30 basis points, reflecting reduced expectations for interest rate hikes. Prime Minister Keir Starmer, though challenged by potential rivals including Andy Burnham, remains in charge, calming markets concerned about fiscal policy shifts. Additionally, optimism surrounding a possible U.S.-Iran peace deal and the reopening of the Strait of Hormuz has eased inflation fears, further reducing yield pressures. Analysts at Pantheon Macroeconomics noted that investors are discounting weak economic data and now anticipate fewer rate increases in 2026, driving the largest weekly drop in gilt yields since late 2023.