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United States Oil And Gas

Grafa
Oil and Gas

DHT Holdings expands fleet with first of four VLCC newbuildings

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.

Read more: DHT Holdings expands fleet with first of four VLCC newbuildings
Grafa
Oil and Gas

DHT Holdings to sell two VLCCs for $101.6M, expects $95M in net proceeds

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.

Read more: DHT Holdings to sell two VLCCs for $101.6M, expects $95M in net proceeds
Grafa
Oil and Gas

Baytex sets 2026 budget along with production growth

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.

Read more: Baytex sets 2026 budget along with production growth