FTSE 100 news / Companies and sectors / Oil and gas / 18 October 2026
Oil and gas: sector news on Sunday 18 October 2026
Average tone −1.3 (neutral) across 3 companies with relevant coverage, from 6 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| BP | −0.7 | 3 | Coverage was mixed: BP shares were reported close to a 52-week high on a crude rally and a leaner balance sheet, while the company announced third-quarter impairments of up to USD 4.50 billion. |
| Shell | +2.0 | 2 | Coverage was thin, with a report of Shell announcing a share buyback ahead of results, which leans positive. |
| Ithaca Energy | −5.3 | 1 | Coverage focused on a legal expert raising 'serious liability questions' over Ithaca Energy's entry into Newfoundland and Labrador's oil sector. |
Strongest stories in the sector
- +10.0 BP Shares Close In on 52-Week High as Crude Rally Meets a Leaner Balance Sheet - ad-hoc-news.de
Shares near 52-week high, helped by crude rally and leaner balance sheet. - −9.5 BP announces third-quarter impairments of up to USD 4.50 billion - ad-hoc-news.de
Announced impairments of up to USD 4.50 billion in third quarter. - +5.7 Shell announces buyback of Shell stock ahead of results - ad-hoc-news.de
Buyback announced ahead of results, supportive of shareholder returns. - −5.3 N.L. faces ‘serious liability questions’ over Ithaca Energy’s entry into province’s oil sector, legal expert warns
Legal expert warns of liability questions around Ithaca's Newfoundland oil sector entry. - +3.0 BP p.l.c. (LON:BP) Stock Has Average Target Price of GBX 605 According to Analysts
Analyst consensus target price coverage, mildly supportive but routine. - −3.0 THE SHELL LEAKS FILES — 17 OCTOBER 2026
Leaks files page about Shell; reputational angle, unclear content.