FTSE 100 news / Companies and sectors / Oil and gas / 13 October 2026
Oil and gas: sector news on Tuesday 13 October 2026
Average tone +5.8 (positive) across 3 companies with relevant coverage, from 26 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Shell | +7.2 | 10 | Coverage was mostly positive, focused on Shell's move into the Bay du Nord project in Canada after BP's exit, a raised gas outlook and a Jefferies Buy rating. |
| BP | +2.8 | 9 | Coverage was mostly positive, with BP shares reaching a five-month high, Mizuho lifting its price target and dividend forecasts getting attention. |
| Ithaca Energy | +7.5 | 7 | Coverage centred on Ithaca Energy extending its $1.8 billion lending facility to 2032, alongside a Jefferies price target of 350p and talk of M&A and an Offshore Canada acquisition from Suncor. |
Strongest stories in the sector
- +9.2 Ithaca Energy Extends $1.8 Billion Lending Facility Maturity to 2032
$1.8bn lending facility maturity extended to 2032, improving financial flexibility. - +9.2 Shell and Equinor Deepen Canadian Ties With Bay du Nord Deal
Shell expands Canadian offshore position through Bay du Nord deal - +8.7 Ithaca Energy extends financing: Jefferies sets GBp 350 target for Ithaca Energy stock - ad-hoc-news.de
Financing extended and Jefferies sets supportive 350p price target. - +8.3 Why Has BP (LSE:BP) Stock Climbed To A Five-Month High This Week?
Shares hit a five-month high this week. - +8.3 Shell plc : Gets a Buy rating from Jefferies
Jefferies Buy rating supports the shares - +8.3 Shell Comes In after BP Exits Equinor Oil Project offshore Canada
Shell steps into project after BP exit, strengthening its position - +8.2 Market Watch: Ithaca eyes investment and growth as amended RBL facility agreed
Amended RBL facility supports investment and growth plans. - +7.5 Mizuho raised target for BP stock to USD 56 from USD 53 - ad-hoc-news.de
Mizuho raised its price target on BP. - +7.5 SHELL CEO WEIGHS IN: There is ‘Growing Confidence’ in Canadian LNG Prospects
CEO expresses growing confidence in Canadian LNG prospects - +6.8 Ithaca Energy (LSE:ITH) Stock Looks Reasonable With 22% Dividend Value Upside
Analysis points to dividend value upside of 22%. - +6.7 Does Updated Output Guidance Change The Bull Case For Shell (LSE:SHEL)?
Updated output guidance discussed in bullish framing - +6.7 Shell lifts gas outlook while Shell stock trades at EUR 45.04 - ad-hoc-news.de
Raised gas outlook is positive; share price factual