Today: 7 February 2026
Subscribe
Browse Category

Oil and Gas News 7 January 2026 - 23 January 2026

Shell share price edges higher in London as Nigeria incentives and Argentina shale sale talk hit the tape

Shell share price edges higher in London as Nigeria incentives and Argentina shale sale talk hit the tape

London, Jan 23, 2026, 08:03 GMT — Regular session Shell shares (SHEL.L) edged up roughly 0.3%, hitting 2,683 pence by 0803 GMT Friday, just above Thursday’s close of 2,674 pence as London trading kicked off. (google.com) The early gain reflects investors grappling with mixed signals: Nigeria is pushing Shell toward a major new offshore project, but a separate report suggests the company could scale back its shale operations in Argentina. Shares dropped 2.2% on Thursday, underperforming the stronger FTSE 100. (MarketWatch) These developments come at a tricky time for the sector. Oil prices are bouncing unpredictably due to geopolitics and
23 January 2026
····
Exxon Mobil stock holds up in tariff-driven Wall Street rout as JPMorgan lifts target

Exxon Mobil stock holds up in tariff-driven Wall Street rout as JPMorgan lifts target

New York, Jan 20, 2026, 19:30 EST — After-hours Exxon Mobil shares edged up 0.44% to finish Tuesday at $130.46, holding steady in after-hours trading beyond the regular 9:30 a.m. to 4 p.m. U.S. session. (StockAnalysis) The outperformance came amid Wall Street’s steepest single-day decline in three months, triggered by President Donald Trump’s threat of new tariffs on imports from several European nations linked to his Greenland ambitions. The S&P 500 tumbled 2.06%, the Nasdaq dropped 2.39%, and the Dow slid 1.76%. (Reuters) Timing is crucial for Exxon. Its stock moves are driven more by crude oil fluctuations and policy
21 January 2026
·····
Shell share price edges higher after executive shake-up as buyback and oil prices stay in focus

Shell share price edges higher after executive shake-up as buyback and oil prices stay in focus

LONDON, Jan 20, 2026, 08:06 GMT — Regular session Shares of Shell (SHEL.L) climbed roughly 0.7% at Tuesday’s London opening, following the announcement of a leaner executive committee. Projects and technology chief Robin Mooldijk is set to exit the company. The stock kicked off at 2,749.5 pence, up from Monday’s 2,730 pence close. (London Stock Exchange) This management shift comes as investors double down on discipline: delivering big projects on schedule, controlling costs, and ensuring steady cash flow. In this space, headlines may disappear quickly, but the efficiency of a company’s engineering and delivery operations always reveals itself in the
20 January 2026
·····
Chevron stock price near $166 after Venezuela license talk; Leviathan gas expansion also in view

Chevron stock price near $166 after Venezuela license talk; Leviathan gas expansion also in view

New York, Jan 18, 2026, 04:53 EST — Market closed. Chevron Corp (CVX) shares nudged up 0.1% to close at $166.26 on Friday after U.S. Energy Secretary Chris Wright told Reuters the U.S. is pushing “as fast as it can” to broaden Chevron’s Venezuela license. Wright explained the updated terms would shift payments to cash rather than crude, letting Chevron sell all the oil it produces there. Currently, the company pays royalties and taxes in oil and exports about half its output. Chevron did not immediately comment. (Reuters) U.S. stocks closed almost unchanged ahead of the long weekend, with markets
18 January 2026
····
Chevron stock: Venezuela license shift and Leviathan gas bet put CVX back on watch

Chevron stock: Venezuela license shift and Leviathan gas bet put CVX back on watch

NEW YORK, Jan 17, 2026, 11:45 (EST) — Market closed Chevron shares ticked up 0.1% to $166.26 by Friday’s close. U.S. Energy Secretary Chris Wright told Reuters that Washington is accelerating efforts to broaden Chevron’s Venezuela license—a waiver under U.S. sanctions—allowing the company to pay the Venezuelan government in cash rather than crude and act as “another marketer of crude.” (Reuters) This is crucial now since the license terms control how much oil Chevron can ship and sell, not merely produce. It arrives amid a market driven by geopolitics and supply news, with Venezuela reentering the equation. Oil prices closed
17 January 2026
······
Chevron stock ticks up as Leviathan gas expansion, Venezuela swing keep CVX in focus

Chevron stock ticks up as Leviathan gas expansion, Venezuela swing keep CVX in focus

New York, January 16, 2026, 13:47 EST — Regular session Chevron shares edged up 0.4% to $166.88 around midday, underperforming Exxon Mobil, which climbed 0.6%. ConocoPhillips, meanwhile, dropped 1.2%. Investors are balancing two factors: significant gas expansion beyond the U.S. and short-term doubts over Venezuela’s output, which could impact refining on the U.S. Gulf Coast. Chevron and its partners gave the green light Friday to expand Israel’s Leviathan gas field, aiming to boost output by around 9 billion cubic metres annually, pushing total deliveries to about 21 bcm. NewMed Energy, a partner in the project, pegged the investment cost at
16 January 2026
·····
Shell Plc stock price dips as buyback rolls on and North Sea gas sale unravels

Shell Plc stock price dips as buyback rolls on and North Sea gas sale unravels

London, Jan 16, 2026, 08:46 GMT — Regular session Shares of Shell Plc edged lower on Friday morning, falling 0.8% to 2,725 pence as of 0814 GMT. (StockAnalysis) Shell’s share price remains anchored to two familiar drivers: crude prices swayed by geopolitical shifts, and a steady stream of capital-return and portfolio news. Investors are also bracing for the sector’s earnings season, when oil majors must prove their cash flow stays strong. Oil prices barely moved, with Brent rising just 0.1% to $63.81 a barrel by 0749 GMT, following a steep climb earlier this week on Iran-related concerns. “Sentiment is driving
16 January 2026
·····
SLB stock slips after RESMAN deal closes as Wall Street turns to earnings

SLB stock slips after RESMAN deal closes as Wall Street turns to earnings

New York, Jan 15, 2026, 15:08 EST — Regular session Shares of SLB slipped 0.5% to $46.72 by 3:08 p.m. EST on Thursday, following news that the oilfield services firm finalized its acquisition of reservoir-monitoring expert RESMAN Energy Technology. The stock fluctuated between $46.11 and $46.89, with roughly 10.6 million shares changing hands. (SLB) The RESMAN deal matters because it focuses on the work producers fund when they want to squeeze more oil and gas from existing wells. SLB has said RESMAN’s wireless reservoir surveillance and tracer technologies will speed up how quickly operators detect underground conditions and tweak production.
15 January 2026
·····
BP stock slides on $5 billion clean-energy write-down warning as oil prices climb

BP stock slides on $5 billion clean-energy write-down warning as oil prices climb

London, January 14, 2026, 11:45 GMT — Regular session BP shares fell on Wednesday after the oil major warned of up to $5 billion in impairments linked to its low-carbon businesses and flagged weak oil trading into year-end. The stock was down 1.6% by mid-morning in London. (Reuters) The update lands at an awkward moment for European energy stocks. Investors have been leaning harder on cash flow and debt reduction after a year of softer crude prices, while boards keep tinkering with the balance between oil spending and transition bets. It also lands with oil prices lurching again on geopolitics.
14 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

LONDON, Jan 11, 2026, 17:44 GMT 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%. (Reuters) The warning is crucial now since trading, refining, and chemicals have been the key
11 January 2026
·····
Chevron stock rises as White House pulls traders into Venezuela oil talks

Chevron stock rises as White House pulls traders into Venezuela oil talks

New York, Jan 8, 2026, 13:15 EST — Regular session Chevron Corp (CVX) was up 2.1% at $158.49 in early afternoon New York trade on Thursday, after closing at $155.20 in the previous session. The move tracked a fresh burst of Venezuela headlines that traders have been using as a quick read on oil supply and U.S. policy. The Trump administration has invited the bosses of commodity trading houses Vitol and Trafigura to the White House on Friday for talks on marketing Venezuelan oil, four sources familiar with the matter told Reuters. “U.S. majors are central to production, but large
8 January 2026
·······
Exxon Mobil stock slips after filing flags up to $1.2 billion upstream hit from crude slide (XOM)

Exxon Mobil stock slips after filing flags up to $1.2 billion upstream hit from crude slide (XOM)

New York, Jan 7, 2026, 17:16 (EST) — After-hours Exxon Mobil shares slid 2.1% to $118.49 in after-hours trading on Wednesday after the company flagged a fourth-quarter upstream earnings hit from lower crude prices. Exxon said changes in liquids prices could cut upstream earnings by $800 million to $1.2 billion. Brent crude fell 9.2% in the quarter and ended 2025 down about 19%; Exxon is due to report on Jan. 30, and analysts see adjusted earnings of $1.66 a share, LSEG data show. Reuters The filing lands at a touchy moment for the sector, with investors trying to pin down
7 January 2026
·····
1 2 3 4 5

Stock Market Today

Nebius (NBIS) stock jumps 16% into weekend as AI trade whipsaws; earnings next week in focus

Nebius (NBIS) stock jumps 16% into weekend as AI trade whipsaws; earnings next week in focus

7 February 2026
Nebius shares jumped 16.6% to $86.10 on Friday, rebounding from a 10.3% drop Thursday. The company will report fourth-quarter and full-year 2025 results before the market opens on Feb. 12. U.S. jobs and inflation data are due next week after a delay from a government shutdown. Recent swings in Nebius stock followed volatility in AI-linked tech names after Alphabet’s spending update.
Go toTop