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Energy 7 January 2026 - 11 January 2026

Shell buyback faces fresh questions after Q4 warning as post-oil plan takes shape

Shell buyback faces fresh questions after Q4 warning as post-oil plan takes shape

Shell on Thursday flagged that weak oil trading would drag its chemicals and products division into a fourth-quarter loss, casting doubt on its $3.5 billion quarterly share buyback. RBC’s Biraj Borkhataria pinpointed the main issue: will management “hold the line” on buybacks? HSBC’s Kim Fustier expressed less confidence in that. UBS’s Josh Stone slashed his Q4 net income forecast by 14% to $3.6 billion, while Citi’s Alastair Syme trimmed his estimate 11% to $3.83 billion. Shell shares dropped 2.6%.
11 January 2026
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Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra Corp shares rose 10.5% in after-hours trading on Friday after Meta Platforms said it struck 20-year agreements to buy power from three Vistra nuclear plants. Shares were at $166.37 after swinging between $150.83 and $178.40 earlier in the day. Meta also said it will work with Oklo and TerraPower on small modular reactors, or SMRs — smaller nuclear units meant to be built largely in factories.
9 January 2026
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Meta stock edges higher after nuclear power deals aimed at AI data centers

Meta stock edges higher after nuclear power deals aimed at AI data centers

Meta Platforms, Inc. shares rose 1.1% to $653.06 in after-hours trading on Friday after the Facebook owner unveiled a slate of nuclear power agreements meant to supply its power-hungry AI data centers. Meta said deals with Vistra, Oklo and TerraPower could back as much as 6.6 gigawatts of new and existing nuclear capacity by 2035.
9 January 2026
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Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil shares rose 3.3% to $122.42 by 1:46 p.m. EST on Thursday after the oil major said weaker crude prices could shave $0.8 billion to $1.2 billion off fourth-quarter upstream earnings versus the prior quarter. In the same filing, Exxon said stronger industry margins in its Energy Products segment could add $0.3 billion to $0.7 billion. Exxon Mobil Corporation
8 January 2026
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Oil price forecast: Brent, WTI slide on Trump Venezuela move as 2026 surplus looms

Oil price forecast: Brent, WTI slide on Trump Venezuela move as 2026 surplus looms

Oil prices fell on Wednesday after President Donald Trump said Venezuela would turn over 30 million to 50 million barrels of sanctioned crude to the United States, feeding fears of more supply in an already well-stocked market. Brent crude futures were down 40 cents, or 0.7%, at $60.31 a barrel by 11:05 a.m. ET, after touching $59.88, and U.S. West Texas Intermediate was down 74 cents, or 1.3%, at $56.39 after hitting $55.76; both benchmarks slid more than $1 in the previous session. SEB analyst Ole Hvalbye called the volumes small next to the U.S. Strategic Petroleum Reserve, the emergency stockpile, while Morgan Stanley estimated the market could tip into a surplus of up to 3 million barrels per day in the first half of 2026. Reuters
7 January 2026
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Trump’s Venezuela oil plan starts now: 30–50 million barrels headed for U.S.

Trump’s Venezuela oil plan starts now: 30–50 million barrels headed for U.S.

The Trump administration will start moving Venezuelan crude to the United States immediately, shipping an initial 30 million to 50 million barrels and keeping sales running indefinitely, a senior Trump administration official said on Wednesday. The official said Washington would selectively ease sanctions to help keep Venezuelan crude and refined products flowing to global markets. Reuters
7 January 2026
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Venezuela oil deal puts Chevron, Valero and PBF in focus before the U.S. open

Venezuela oil deal puts Chevron, Valero and PBF in focus before the U.S. open

Chevron fell 4.4% in premarket trading after President Donald Trump said the United States had reached a deal to import up to $2 billion of Venezuelan crude — roughly 30 million to 50 million barrels — to be sold at market prices. Valero, Marathon Petroleum, Phillips 66 and PBF Energy were down between 1.2% and 7.7%, while Canadian Natural Resources and Cenovus slipped about 2% and Baker Hughes rose 0.6%. Chevron controls Venezuelan oil flows to the United States under a U.S. authorization and has been exporting 100,000 to 150,000 barrels per day, while traders said the prospect of added supply pushed some U.S. Gulf heavy-crude differentials — the price gap to benchmark grades — about 50 cents lower on Tuesday. Reuters
7 January 2026
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