Baker Hughes wins BP North Sea contract
Baker Hughes (NASDAQ:BKR) received a contract from BP for offshore stimulation services supporting new well development and enhanced recovery activities in the UK North Sea.
Baker Hughes (NASDAQ:BKR) received a contract from BP for offshore stimulation services supporting new well development and enhanced recovery activities in the UK North Sea.
Dorian LPG (NYSE:LPG) entered an agreement with Hanwha Ocean to build three 90,000 cubic meter dual-fuel Panamax very large gas carriers (VLGCs) for approximately $345 million.
Oil prices were little changed on Friday but remained on track for their strongest weekly increase since mid-July as rising tensions between the United States and Iran increased concerns about Middle East supply risks.
StealthGas (NASDAQ:GASS) reported second-quarter 2026 net income of $17.3 million, or basic earnings per share of $0.46, compared with $20.4 million and $0.55 per share in the prior-year period.
Oil prices were little changed on Wednesday after rising above one-month highs as traders assessed potential supply disruptions linked to renewed U.S. and Iranian military tensions.
Helix Energy Solutions Group (NYSE:HLX) and Hornbeck Offshore Services completed their previously announced all-stock combination, creating an integrated offshore services company operating under the Hornbeck Offshore Services name.
Oil prices increased on Tuesday as renewed fighting between the United States and Iran raised concerns about potential supply disruptions from the Middle East, a major crude-producing region.
Brent crude futures rose 2% to $89.87 per barrel and U.S. West Texas Intermediate crude increased 1.74% to $84.85 after U.S. strikes on Iran’s Larak Island intensified concerns about energy flows through the Strait of Hormuz.
Range Resources (NYSE:RRC) announced that its Board of Directors declared a third-quarter 2026 quarterly cash dividend of $0.10 per common share.
Oil prices declined Friday as Brent crude futures fell to $89.10 per barrel and West Texas Intermediate futures dropped to $82.89, putting both benchmarks on track for weekly losses.
BW LPG (NYSE:BWLP) reported second-quarter 2026 profit attributable to equity holders of $120 million, or $0.79 per share, supported by shipping performance and higher market activity.
Hafnia (NYSE:HAFN) reported second-quarter 2026 net profit of $277.8 million, or $0.56 per share, compared with $75.3 million, or $0.15 per share, in the prior-year quarter as tanker earnings increased.
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy