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.
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.
