FTSE 100 news / Companies and sectors / Oil and gas / 30 September 2026
Oil and gas: sector news on Wednesday 30 September 2026
Average tone +7.6 (strongly positive) across 3 companies with relevant coverage, from 23 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Shell | +8.0 | 17 | Coverage was dominated by Shell's final investment decision to double LNG Canada capacity to 28 million tonnes a year, alongside strong Q2 earnings and the completed $840 million Na Kika sale. |
| BP | +1.2 | 5 | Coverage was mostly about small share price moves, with slight falls offset by a JPMorgan target increase. |
| Ithaca Energy | +10.0 | 1 | Coverage centred on Ithaca Energy lifting its dividend guidance to $530m, helped by record North Sea output. |
Strongest stories in the sector
- +10.0 Ithaca Energy Dividend Guidance Upgraded to $530m on Record North Sea Output - Financial-News.co.uk
Dividend guidance raised to $530m on record North Sea output. - +10.0 Shell takes final investment decision to double LNG Canada capacity
Shell's own announcement of final investment decision on expansion. - +10.0 Shell-led LNG Canada to proceed with Phase 2 expansion, doubling export capacity (SHEL:NYSE)
Phase 2 expansion doubling export capacity is positive growth. - +10.0 Shell takes FID to double LNG Canada capacity
Final investment decision to double LNG Canada capacity. - +10.0 Shell Approves LNG Canada Phase 2 to Double Capacity to 28 MTPA
Phase 2 approval doubles capacity to 28 MTPA. - +9.7 Shell to double LNG Canada capacity
Plan to double LNG Canada capacity is positive. - +9.7 Shell doubles down on Canada: LNG Canada Phase 2 turns Kitimat into a 28-million-tonne export hub
Doubling down on Canada LNG hub, growth positive. - +9.5 Shell to Double LNG Canada Plant in Multibillion-Dollar Plan
Multibillion-dollar LNG expansion signals growth commitment. - +9.3 Shell stock expands LNG Canada capacity to 28 mtpa
LNG Canada capacity expansion to 28 mtpa. - +9.2 Shell stock reports strong Q2 earnings and LNG expansion
Strong Q2 earnings and LNG expansion reflect well. - +5.0 BP names energy deal veteran Ben Monaghan to lead M&A (BP:NYSE)
Appointment of experienced dealmaker to lead M&A seen as positive. - +5.0 Shell completes $840 million sale of Na Kika platform stake and Coulomb tieback in the Gulf of Mexico
Completed $840 million asset sale, portfolio high-grading.