Cactus (NYSE: WHD) announced on Friday, January 2, 2026, the completion of its acquisition of a 65% controlling interest in Baker Hughes’ Surface Pressure Control (SPC) business.
The transaction, valued at approximately $344.5 million in cash, marks a milestone in Cactus’ evolution from a North American unconventional specialist to a diversified global oilfield equipment manufacturer.
DHT Holdings (NYSE:DHT) announced on January 2, 2026, that it has officially taken delivery of the DHT Antelope, a Very Large Crude Carrier (VLCC) newbuilding from South Korea’s Hanwha Ocean.
The vessel is the first of a strategic four-vessel quartet slated for delivery in the first half of 2026, marking a significant milestone in the company’s fleet renewal and expansion program.
CBL International Limited (NASDAQ:BANL) reached a major operational milestone on Tuesday, completing the first-ever liquefied natural gas (LNG) bunkering operation at Xiaomo Port in Shenzhen.
Delixy Holdings (NASDAQ:DLXY) reported a contraction in top-line growth for the first six months of 2025, as the recently listed oil trader navigated a volatile energy market and narrowed its focus toward higher-margin operations.
DHT Holdings (NYSE:DHT) said it has entered into sale agreements for two very large crude carriers, DHT China and DHT Europe, for a combined consideration of $101.6 million, as the tanker owner continues to optimize its fleet and strengthen liquidity.
Woodside Energy (NYSE:WDS) has successfully produced its first batch of ammonia at the Beaumont New Ammonia (BNA) facility in southeast Texas, marking the start of operations for one of the largest clean-energy infrastructure projects on the U.S. Gulf Coast.
Stonepeak, the New York-based alternative investment firm, has reached an agreement to acquire a 65% controlling interest in Castrol from BP (NYSE:BP), the companies announced Wednesday.
Helix Energy Solutions Group (NYSE:HLX) has secured a significant multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea.
Baytex Energy Corp. (NYSE:BTE) has announced its 2026 budget, outlining plans for production growth, strategic shareholder returns, and significant leadership changes. The company targets a 3%–5% production growth in Canada for the upcoming year, with an expected average production of 67,000–69,000 barrels of oil equivalent per day (boe/d), based on a US$60 WTI price.
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $199,572.97 ($0.016404 per Trust Unit) for December 2025.
SFL Corporation (NYSE:SFL) announced today that it has entered into an agreement to sell two 2015-built Suezmax tankers to Koch Industries, marking a strategic move for the shipping company
Babcock & Wilcox (B&W) (NYSE:BW) announced today that it has been awarded a $40 million contract to supply its advanced low-pressure Wet Gas Scrubbing (WGS) technology for installation at a major petroleum refinery in Canada.
