Oil and gas: sector news on Friday 23 October 2026
Average tone +8.0 (strongly positive) across 3 companies with relevant coverage, from 23 stories.
How to read a score. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Shell | +6.7 | 11 | Coverage centred on the approval of the Jackdaw gas field and Shell lifting its third-quarter outlook ahead of results, alongside reports of a possible $8 billion sale of the Infineum venture. |
| BP | +7.0 | 7 | Coverage was mostly positive, with Berenberg raising its price target to 715p after a debt update and UBS keeping its Buy rating. |
| Ithaca Energy | +10.0 | 5 | Coverage centred on the government's approval of the Jackdaw gas field, with shares reported as surging on the news. |
Strongest stories in the sector
- +10.0 Why Is Ithaca Energy (LSE:IOG) Stock Surging Today After The Jackdaw Approval?
Shares surging after Jackdaw approval, a key Ithaca-linked project. - +10.0 Jackdaw approval signals new era for UK oil and gas development
Jackdaw approval positive for Ithaca's development prospects. - +9.2 UK government approves Jackdaw gas field, signals fast-track for North Sea projects
Government approval of Jackdaw gas field benefits Ithaca as a partner. - +8.7 Berenberg raises BP target to GBp 715.00. BP stock gains 1.30 percent.
Berenberg raises target to 715p; shares up 1.3% - +8.3 Berenberg raises BP stock target to GBp 715 after debt update
Berenberg target raised to 715p following debt update - +8.3 Shell lifts third-quarter outlook: October 29 results test Shell stock
Shell lifted third-quarter outlook ahead of results. - +8.3 What does Jackdaw gas field approval mean for UK energy sector?
Jackdaw gas field approval is a significant win for Shell. - +7.5 TechnipFMC Signs MoU With BP to Support Deepwater Oil Projects
MoU with TechnipFMC to support BP deepwater projects - +7.5 Why Is Shell (LSE:SHEL) Stock Edging Higher Today After The Jackdaw Gas Approval?
Shares edging higher after Jackdaw gas field approval. - +7.0 Key facts: Jackdaw Approved; LSE:SHEL Buybacks and Q3 Estimates
Jackdaw approval plus buybacks and Q3 estimates, mostly positive. - +6.3 BP stock: UBS keeps Buy rating and GBp 700 target for BP stock
UBS maintains Buy rating and 700p target - +5.8 LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf
LNG Canada, a Shell-partnered project, doubling capacity is positive for Shell.
Follow by email
A short, free morning email on how the news treated the Oil and gas sector: the tone, the stories behind it, and when coverage starts to turn. Launching soon; one click to unsubscribe.