United StatesOil And Gas

Scorpio Tankers (NYSE:STNG) agreed to sell two of its 2016-built LR2 product tankers for a combined $104.6 million, while simultaneously expanding its fleet with the purchase of two scrubber-fitted newbuildings scheduled to arrive in 2027.

Imperial Petroleum (NASDAQ:IMPP) announced its financial results for the third quarter (Q3) and nine months (9M) ended September 30, 2025, on December 11, 2025.

The company reported a strong performance with Q3 revenue of $41.4 million, reflecting a 25.5% year-over-year increase.